Is designed to let you earn attractive interest along with the option of withdrawing funds, by transferring them to the linked current account.
Attractive interest rates
Funds in your account no longer lie idle but continue to provide you with returns. The interest payable is calculated on the closing balance of the day. The accumulated interest is credited into your account at the end of every month.
You have the option to open savings account in Singapore Dollar.
There is no minimum balance requirement for savings account in Singapore Dollars. However if the total monthly average balance of all your accounts with us such as current account, Fixed deposit, savings account falls below 1000 currency units, the following charges will apply
|Total Monthly average balance||Charges applied to the respective month|
|1000 and above||No fee|
|500 - 1000||3|
|500 and below||5|
You will receive a monthly statement of your savings, on the communication address registered with the Bank.
Multiple account holder
For added convenience, the savings account can be opened and operated by one or more applicants, depending on the signing condition given at the time of account opening.
Step 1 - Please visit our branches.
Step 2 - Complete the Account opening forms and provide us Identity and Address proof documents .
Step 3 - To fund your account, you can issue a cheque or deposit cash.
Identity/Address proof documents
a) Proof of Identity:
- Singapore Citizens / Permanent Residents - Copy of pink / blue NRIC card
- Singapore Residents (Other than Permanent Residents) - Copy of documents issued by the relevant Government Agencies/ Ministries in Singapore (eg: Employment Pass) and Passport
- Singapore Non Residents - Copy of Passport
b) Proof of Residential Address - E.g. latest copy of utility bills, bank statements etc - issued within last 3 months
Please carry the originals of the above mentioned documents with you so that our staff may verify the same.
Effective November 09, 2010