'Eligible Deposit Accounts held by an Individual or a Non-Bank Entity are insured by the Singapore Deposit Insurance Corporation under the Deposit insurance and Policy Owners? Protection Schemes Act 2011 upto the limits specified in the Act.'

• Customers are required to place a minimum of SGD5,000/-. Deposit can be placed in various major currencies.
• Board rates are applicable up to SGD50,000/- and anything above will be referred to the dealer.
• Acceptance of large deposits will be at the sole discretion of the bank.
• Individuals can open fixed Deposit accounts either singly or in Joint names. Companies and Societies can open fixed
  Deposits also.
• Photo Copies of Passport / IC / Employment Pass to be submitted. Original documents should be shown at the time
  of verification
• Deposits can be placed for various periods as prevailing at the time of opening of Deposit account.
• 1% penalty will be levied for premature closure of the Deposit.
• Change of address should be communicated promptly.
• Notification to customers will be by post and the last given address will be deemed to be the actual address.
• For USD accounts, deposits in USD currency will be subjected to levy of exchange of 1% and withdrawal in US Dollars
  depends on the availability of US Dollars with bank.
• Guarantee letter against Fixed Deposits for child education available on request at a fee. Statements for Income Tax
  purpose also available at a fee.
• Receipts will be given the next working day and can be requested to be collected by hand or posted.