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Earn up to 1.25% p.a. interest on your SGD Time Deposit today

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Sg Dollar Time Deposit
Sg Dollar Time Deposit

Earn up to 1.25% p.a. interest on your SGD Time Deposit today

Features

Earn up to 1.25% p.a. interest on your SGD Time Deposit today

From now till 30th November 2017 , earn attractive returns1 when you deposit minimum fresh funds2 of S$25,000. Plus, receive up to S$7,000 when you start a Priority Banking relationship with us today3.

 

Minimum placement
Tenor
Promotional Rate
Priority Banking Preferential Rate
S$25,000 7 months 1.20% p.a. 1.25% p.a.

1The promotional interest rates are only applicable if the Time Deposit is held until the maturity of the tenor. Standard Chartered Singapore Dollar Time Deposit (1st to 30th November 2017) Promotion Terms and Conditions apply. 2Fresh funds refer to funds not originating from any existing account with Standard Chartered Bank (Singapore) Limited (the “Bank”) and funds that are not withdrawn and re-deposited within the last 30 days of opening your Time Deposit. 3This promotion is available until 31 Dec’17. To qualify, you need to be a new to bank customer and before 31 Dec’17: (A) open and have at least one SGD transactional account, (B) start a Priority Banking relationship and place minimum S$200,000 of Fresh Funds, (C) maintain at least S$200,000 of assets under management for at least 6 months. You must also complete a Financial Needs Analysis within 3 months from the date of placement of Fresh Funds. When computing eligibility, the Bank will take into account only 50% of the value of Fresh Funds in the respective accounts for Time deposits, Bonus$aver deposits and e$aver deposits. Reward will be in the form of credit to one of your SGD transactional account(s), as determined by the Bank. Exclusions and other conditions apply. Please visit sc.com/sg/priority-tnc .

Eligibility & Documents

Eligibility

  • Singapore Citizen / Singapore Permanent Resident / Foreigner
  • Minimum initial deposit amount of $5,000
  • Age requirement: Minimum 18 years old
  • Open and/or maintain a new/existing Standard Chartered Current/Cheque/Savings Account
    • Subject to applicable fees and charges, such as fall-below fees and/or account maintenance fees

     

Documents Required

  • Mandatory supporting documents for foreigners:
    • Passport
    • Employment Pass
    • Any of the following documents:
      • Utility bill from the last 3 months
      • Bank statement from the last 3 months
      • Letter from the human resource department of current employer stating address
      • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
      • Telecommunications bill from the last 3 months
      • Tenancy agreement
    • Income documents:
      • Salaried employee: current or previous month’s computerised payslip from current employer (handwritten copies are not acceptable); or latest Income Tax Notice of Assessment (if this document is faxed, please fax from the bottom end first)

Terms and Conditions

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.