Passport Employment Pass (EP); or S-Pass or Student Pass, $5,000 in SGD currency$5,000 in AUD, CAD, EUR, GBP, NZD, USD currencies$50,000 in HKD currency$250,000 in CNH currency, Phone bill Half-yearly CPF statement Any bank statement. Invest and protect with a regular premium investment-linked insurance plan. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. Here's How You Can Earn High Fixed Deposit Rates With No Lock-In Period With FRANK by OCBC FRANK by OCBC gives you a new way to save, spend, and manage your money. for 12 months tenure with minimum deposit of $20,000. No initial deposit or minimum balance required. Trade around the world with access to 29 global exchanges and diversify with Futures and Leveraged FX.You can open an OCBC Securities account at any OCBC Bank branch. The minimum … (% p.a) S$5,000- … The maximum placement amount for all the above Time Deposit … Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited, and do not include funds in the form of OCBC Bank cheque/cashier’s order/demand drafts. Make your placement online with a minimum of RM1,000 in fresh funds. The digital platform to track, exchange and redeem rewards points across different rewards programmes is now accessible on the OCBC Pay Anyone™ app. Must be a minimum of RM1,000 and early settlements made partially can only … Also it is the highest rate for this term period 1.55 Updated Aug, 2019 Deposit Range. Get your account number instantly online. across 12 months with just S$20,000 minimum deposit. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. So, you’ve got some cash lying around and want to get a better interest rate on it. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Achieve your goals with proper financial planning. Opening an account with us is just the start. For more information on Fixed Deposit interest rates offered to non-residents and corporations, please call +603 8317 5000 (Personal Banking … From paying bills to transferring money, make any transaction you need, whenever you want. The placement amount for all Time Deposit promotions must be in fresh funds only. The above information is for reference only. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. The digital platform to track, exchange and redeem rewards points across different rewards programmes is now accessible on the OCBC Pay Anyone™ app. Soon, you'll be starting a new chapter of your life — your Silver Years. OCBC 1 Year Time Deposit - Rate is for deposits >$20,000 - S$999,999 and a period of 12 months The rate of 0.25% is 0.51% lower than the average 0.76%. Any pre-termination costs will be deducted from your deposit. Fixed Deposit-i tenures are quoted in multiple of 1 month up to a period of 60 months. Any pre-termination costs will be deducted from your deposit. Check out other banks' fixed deposit rates. for min. Can only be done Over The Counter (OTC) at the Bank’s branches. What can I get from OCBC Al-Amin Fixed Deposit-i? Invest and protect with a regular premium investment-linked insurance plan. Easy accessibility with 41 branches and 19 Sunday banking branches. Get cash at all OCBC and UOB ATMs, Sheng Siong supermarkets, participating 7-Eleven stores and NETS merchants. Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited, and do not include funds in the form of OCBC Bank cheque/cashier’s order/demand drafts. If you die-die want to go with a local bank, UOB’s fixed deposit promotion is slightly better (1.60% p.a. [Revise] OCBC SGD Time Deposit Interest Rates (from 6 June 2020) Effective from 6 June 2020 , OCBC is revising its interest rates for SGD Time Deposit . OCBC Child Development Account (CDA) holders get an exclusive CDA Advantage Bonus Interest. Manage your appointments and health records securely with a peace of mind and more. Foreign Currency DepositsForeign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Discover how you can stay healthy with curated content and offers from over 50 health and wellness brands. Find a business loan. A savings account that comes with a passbook. No. Fixed deposit vs Singapore Savings Bond (SSB): Which is better? Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. All Rights Reserved. Consult a doctor via video or in-clinic. Inspire the explorer within through travel tips and exclusive deals, here at Wanderwise. ... OCBC Bank launches … OCBC fixed deposit interest rates are lower than UOB’s, offering 0.45% p.a. A savings account for your newborn. Plus, enjoy our promotional interest rate when you apply for a SGD Time Deposit placement via online banking. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. No. Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. You can only use SingPass … This is not the first time OCBC has such a Chinese New Year promotion. Learn more. Monies and deposits … Make the most of your banking with our conveniently located branches, 24-hour ATMs and online banking services that let you access your account anytime, anywhere. What Is A Fixed Deposit Account? OCBC Fixed Deposit at 1.55% (12 Months) The interest that you will earn if you place 100K in OCBC fixed deposit at 1.55% p.a. In other … Get 0.20% p.a. Tip: Check out OCBC Fixed Deposit promotional rates. The government will match dollar for dollar, the amount you save, up to a certain limit. The minimum placement amount for the above promotion is S$20,000. The current … Apply online or open your account at the branch to enjoy promotional rates. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Estimate how much your affordability, valuation and rental yield in one single calculator. (6-month) with Standard Chartered time deposit!. An account that allows you to save in 8 major currencies (AUD, CAD, CNH, EUR, GBP, HKD, NZD and USD). or visit us at a branch with these documents. © Copyright 2004 – 2021 – OCBC Bank. Promotion ends on 31 March 2021. © Copyright 2004 – 2021 – OCBC Bank. Estimate how much your affordability, valuation and rental yield in one single calculator. Earn up to 2.68% interest a year and more when you credit your salary, save, insure and invest with us. Apply at a branch with these supporting documents. Exchange controls may be applicable from time to time to certain foreign currencies. : 193200032W, We are open every day at 19 branches, from 11am to, Terms and conditions governing Electronic Banking, Terms and conditions governing OCBC Time Deposit Promotional, Employment Pass (EP); or S-Pass or Student Pass. Terms and conditions governing OCBC 360 Online Account Opening Promotion from January to March 2021, Earn effective interest rate of up to 3.45% a year and more on your first S$70,000, Earn more interest when you save, spend, insure or invest, Singaporean, Singapore PR or foreigner with a valid pass. Whether you’re a first-time buyer, upgrader or investor, find advice you can trust. A Fixed Deposit account (FD) is a financial instrument offered by banks, which allows you to save your money for a fixed period of time to generate higher interest compared to a conventional savings account. Achieve your goals with proper financial planning. Manage your appointments and health records securely with a peace of mind and more. No initial deposit, no minimum balance required, and free unlimited GIRO and FAST transactions. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. Well, a fixed deposit with OCBC … Earn up to 0.40% a year (promotional interest rate), Your choice of a foreign currency or SGD time deposit, Enjoy higher interest compared to a regular savings account, Singaporean, Singapore PR or foreigner with a valid pass. First of all, you will earn high rate of return on your deposit. Frequently Asked Questions about OCBC Al-Amin Premier Fixed Deposit-i Things you might want to know Tell me more about this fixed deposit promotion. This Premier Deal promotion is opened to all eligible Premier Banking members, holding a valid identity card and whose accounts are in good standing with OCBC Bank or OCBC … Also it is 1.2 % lower than the highest rate 1.45 … OCBC Malaysia's Booster Account gives your savings a high interest rate (up to 4.45%) by combining your base profit with wealth bonus. Other than fixed deposits, another popular low-risk investment product in Singapore is Singapore Savings Bonds (SSB). For Singaporeans and Permanent Residents: Additional documents Include any one of the following documents: Make the 360 Account your first OCBC account. Exchange controls may be applicable from time to time to certain foreign currencies. Standard Chartered SGD Fixed Deposit. Promotion ends on 31 March 2021. Secure higher returns with fixed tenures of up to 36 months for Singapore dollars and 10 major foreign currencies. Passport and a valid pass (e.g. The maximum placement amount for all the above Time Deposit promotions is S$999,999 or equivalent. for 12 months is S$1,550.00. Employment Pass (EP) or S-Pass or Student Pass) for foreigners, Include any one of the following documents that shows your residential address, $5,000 in AUD, CAD, EUR, GBP, NZD, USD currencies, Terms and conditions governing Deposit Accounts, Terms and conditions governing Electronic Banking Services, Terms and conditions governing OCBC Time Deposit Promotional Rates. 0.05% a year*. An account for youths between 16 to 26. Earn up to 0.5% a year when you save and do not make any withdrawals. $20,000 deposit, 10 months tenure). when you deposit your money on a 10-month tenure with OCBC MYR Fixed Deposit. Whether you’re a first-time buyer, upgrader or investor, find advice you can trust. Yes, you can expect some steep cuts! When you deposit a minimum of S$50 and make no withdrawal that month. This promotion is not available for placements via Supplementary Retirement Scheme (SRS) funds. Let your money grow with 2.65% p.a. All Rights Reserved. Visit any of our 41 branches located conveniently islandwide, with 19 open every day from 11am to 7pm (excluding public holidays). Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. OCBC fixed deposit vs OCBC 360 savings account. OCBC 3 Year Time Deposit Rate - 3Y Fixed Yield OCBC 3 Year Time Deposit The rate of 1.55% is 0.4% higher than the average 1.15%. OCBC current highest fixed deposit rate is 0.40% p.a. … In many western countries, FD is also known as term deposit or time deposit. FIXED DEPOSIT RATE Note: Rates are indicative only. To get started, all you need is a minimum initial deposit amount of RM1,000 for 2 to 60 months, or RM5,000 minimum deposit … Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. From 18 January till 6 February 2021, book a slot online and exchange new notes at OCBC Branches. Consult a doctor via video or in-clinic. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. 0.05% a year*. For a limited time until 31 August 2020, enjoy up to 2.18% p.a. Terms and conditionsTerms and conditions governing OCBC 360 Online Account Opening Promotion from January to March 2021, Make the 360 Account your first OCBC account. Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. Due to the COVID-19 outbreak, we will accept your online requests to withdraw or amend your Time Deposit instructions without visiting our branches. Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Exchange controls may be applicable from time to time to certain foreign currencies. You do not have an account or product with OCBC. The current highest fixed deposit rate is a OCBC fixed deposit promotional rate. Trade around the world with access to 29 global exchanges and diversify with Futures and Leveraged FX.You can open an OCBC Securities account at any OCBC Bank branch. DBS: the best fixed deposit option if you save for 18 months of less than S$50,000. Account Statement Manage funds easily with monthly e-statements (if there is any activity for the month) that can be … The minimum placement is RM1,000 and it must be … Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Get cash rewards when you deposit funds from any other banks via FAST transfer, cheque, cash and more into your OCBC Passbook Savings, Statement Savings, Premier Statement Savings and Premier EasiSave accounts. Co. Reg. The minimum placement amount for the above promotion is $5,000 in the respective currency. If you are their priority banking customer, you can get a preferential rate of 0.30% p.a. Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. : 193200032W, Deposit accounts for all your banking needs. With the effect from 6th June 2020, there is a downward revision of interest rates for OCBC SGD Time Deposit. Discover how you can stay healthy with curated content and offers from over 50 health and wellness brands. Visit here for more. Any pre-termination costs will be deducted from your deposit. You may instantly apply for a deposit account here, or get a credit card here. Last time, OCBC’s Chinese New Year 2019 promotion offered $110 worth of NTUC Fairprice vouchers for every SGD $10,000 fresh funds deposited into any OCBC … Please contact our branch for details. Promo valid till 30 June 2020. (Not … The conclusion is that my dad should … An account that comes with monthly statements. on a 10-month Fixed Deposit while you're staying at home. Soon, you'll be starting a new chapter of your life — your Silver Years. Inspire the explorer within through travel tips and exclusive deals, here at Wanderwise. By Jeremy Ng … For deposits above S$1 million, please contact us at 1800 363 3333 or visit any OCBC Bank branch. Teach your child the importance of saving and earn up to 0.20% interest a year. You do not have a NRIC or FIN record with OCBC. Apply to Fixed Deposit (s)-i of 2-month tenures and above only. OCBC: over a year 0.35%. Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. No lock-in period on your funds. Co. Reg. With effect from 1 February 2021, we will be revising the interest rates for 360, Bonus+ Savings, Premier Dividend+ Savings, Premier EasiSave, Premier Statement Savings, Private EasiSave (Personal and Corporate), Private Statement Savings (Personal and Corporate), Premier Trade SGD Cash, EasiSave Gold Accounts. Remark* Please contact any of OCBC Wing Hang Branches to enquire the interest rates. 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