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The latest on Singapore Savings Account Rates:

May 23, 2011

Best Bank Rate Singapore

Best Bank Rate Singapore

Are you looking for the best Bank Rate Singapore?

How hgih are the best Bank Rate Singapore in 2011?

What are the best bank rate Singapore in 2011?

Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting Best Bank Rate Singapore today.

Best bank rate Singapore are shown for your information on our extensive finance-related site.

You may compare some of the best bank rate Singapore now.

Now feel free to browse our site for the best bank rate in Singapore.

Note that Singapore savings account rates are subject to change without notice at discretion of the bank entity or finance company.

We hope you discover bank account rates of interest to you. Keep reading Singapore Savings Account Rates, for new and the best financial rates information about selected savings deposit accounts in Singapore.

The Team

May 16, 2011

Deposit Insurance & Policy Owners' Protection Schemes Regulations 2011

Deposit Insurance & Policy Owners' Protection Schemes Regulations 2011

The Monetary Authority of Singapore introduced the Deposit Insurance and Policy Owners' Protection Schemes (Deposit Insurance) Regulations 2011 recently.

In summary, with effect from 1st May 2011, Singapore dollar denominated deposits placed with a DI (Deposit Insurance) scheme member in Singapore are insured for up to $50,000.

The DI Scheme members are:

Full Banks
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
BANGKOK BANK PUBLIC COMPANY LIMITED
BANK OF AMERICA, NATIONAL ASSOCIATION
BANK OF CHINA LIMITED
BANK OF EAST ASIA LTD
BANK OF INDIA
BANK OF TOKYO-MITSUBISHI UFJ, LTD
BNP PARIBAS
CIMB BANK BERHAD
CITIBANK NA
CITIBANK SINGAPORE LIMITED
CREDIT AGRICOLE CORPORATE & INVESTMENT BANK
DBS BANK LTD
FAR EASTERN BANK LTD
HL BANK
HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED
ICICI BANK LIMITED
INDIAN BANK
INDIAN OVERSEAS BANK
JPMORGAN CHASE BANK, N.A.
MALAYAN BANKING BHD
MIZUHO CORPORATE BANK LTD
OVERSEA-CHINESE BANKING CORPN LTD
PT BANK NEGARA INDONESIA (PERSERO) TBK
RHB BANK BERHAD
SINGAPORE ISLAND BANK LIMITED
STANDARD CHARTERED BANK
STATE BANK OF INDIA
SUMITOMO MITSUI BANKING CORPORATION
UCO BANK
UNITED OVERSEAS BANK LTD

Finance Companies
HONG LEONG FINANCE LIMITED
SING INVESTMENTS & FINANCE LIMITED
SINGAPURA FINANCE LTD

Note: Full banks are licensed to transact the whole range of banking business which includes deposit taking, the provision of cheque services and lending. On the other hand, finance companies focus on providing small-scale financing, including instalment credit for motor vehicles. Both full banks and finance companies are permitted to take Singapore dollar retail deposits.

Deposit insurance scheme membership may change without notice.

Amount insured under the DI Scheme:

In the event a DI Scheme member fails, all insured deposits placed with that member, except for deposits under the CPF Investment Scheme and CPF Minimum Sum Scheme, are aggregated and insured up to S$50,000. If you are a sole proprietor, your personal eligible accounts will be aggregated with the eligible accounts of your sole proprietorship(s). Trust and client accounts held by non-bank depositors are insured up to S$50,000 per account, without aggregation.

Deposits are not insured separately in each branch office of a DI Scheme member i.e. all your eligible accounts maintained with different branches of a DI Scheme member are aggregated and insured up to S$50,000.

(source: Singapore Deposit Insurance Corporation)


The Team

May 9, 2011

SBI Savings Special Account Singapore

SBI Savings Special Account Singapore

Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting SBI Savings Special Account Singapore today.

SBI Savings Special Account Singapore rates are shown for your information about financial investments in Singapore. It is in your interest to re-confirm bank rates of SBI Savings Special Account Singapore before you invest money in investment products or financial instruments.

Note that SBI Savings Special Account Singapore are subject to change without notice at discretion of the bank entity or finance company.


SBI Savings Special Account Singapore:

Balance Tier (SGD) | Interest Rate (p.a)

0 – 2,999.99 =0.15%
3,000 – 9,999.99 =0.20%
10,000 – 49,999.99 =0.25%
50,000 & Above =0.35%


We hope you discover bank account rates of interest to you. Keep reading Singapore Savings Account Rates, for new and the best financial rates information about selected savings deposit accounts in Singapore.

The Team

May 3, 2011

WORK PERMIT DEPOSIT ACCOUNT

WORK PERMIT DEPOSIT ACCOUNT

Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting Work Permit Deposit Account rates today.

This Work Permit Deposit Account is a savings account that can be opened at POSB bank of Singapore. Work Permit Deposit Account offers bank interest rates for savers who put a deposit into this Work Permit Deposit Account.

Work Permit Deposit Account rates are shown for your information about financial investments in Singapore. It is in your interest to re-confirm Work Permit Deposit Account rates before you invest money in investment products or financial instruments.

Note that Singapore Work Permit Deposit Account rates are subject to change without notice at discretion of the bank entity or finance company.


POSB WORK PERMIT DEPOSIT ACCOUNT:

First $10,000= 0.1000
Next $90,000= 0.1000
Next $250,000= 0.2500
Next $650,000= 0.2500
Remaining balance above $1,000,000= 0.2750



We hope you discover bank account rates of interest to you. Keep reading Singapore Savings Account Rates, for new and the best financial rates information about selected savings deposit accounts in Singapore.

The Team

May 2, 2011

Singapura Blue Sky Savers

Singapura Blue Sky Savers

Singapura Blue Sky Savers account interest rates are highlighted today in May 2011.

Singapura Blue Sky Savers account information is obtained from Singapura Finance, Singapore.

Singapura Blue Sky Savers details are provided for personal use only.

So here comes the rate details.

Welcome to Singapore Savings Account Rates. We are passionate about Singapore savings account rates and that is why we are presenting Singapura Blue Sky Savers today in May 2011.

Singapore savings account rates are shown for your information about financial investments in Singapore. It is in your interest to re-confirm bank rates before you invest money in investment products or financial instruments.

Note that Singapura Blue Sky Savers savings account rates are subject to change without notice at discretion of the bank entity or finance company.

Singapura Blue Sky Savers Rates:

= 0.25% per annum monthly rest.


We hope you discover bank account rates of interest to you. Keep reading Singapore Savings Account Rates, for new and the best financial rates information about selected savings deposit accounts in Singapore.

The Team

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