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Earn up to 1.45% p.a. on your Singapore Dollar Time Deposit

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Earn up to 1.45% p.a. on your Singapore Dollar Time Deposit

Features

Earn up to 1.45% p.a. interest on your SGD Time Deposit today

From now till 30th April 2018, earn attractive returns1 when you deposit minimum fresh funds2 of S$25,000.

 

MINIMUM PLACEMENT
TENOR
PROMOTIONAL RATE
PRIORITY BANKING PREFERENTIAL RATE
S$25,000 5 months 1.35% p.a. 1.40% p.a.
12 months 1.40% p.a. 1.45% 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 (2nd to 30th April 2018) 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from any existing account with Standard Chartered Bank (Singapore) Limited (the “Bank”) and funds that are not withdrawn and re-deposited within the last 30 days of opening your Time Deposit.

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

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.