Any pre-termination costs will be deducted from your deposit. Opening an account with us is just the start. Fresh funds refer to funds not transferred or withdrawn from existing OCBC Bank deposit accounts and re-deposited, and do not include funds in the form of OCBC Bank cheque/cashier’s order/demand drafts. (% p.a) S$5,000- … Consult a doctor via video or in-clinic. A savings account for your newborn. Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Well, a fixed deposit with OCBC … across 12 months with just S$20,000 minimum deposit. : 193200032W, Deposit accounts for all your banking needs. Deposit Range. Get cash at all OCBC and UOB ATMs, Sheng Siong supermarkets, participating 7-Eleven stores and NETS merchants. Passport and a valid pass (e.g. This promotion is not available for placements via Supplementary Retirement Scheme (SRS) funds. 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. Remark* Please contact any of OCBC Wing Hang Branches to enquire the interest rates. Whether you’re a first-time buyer, upgrader or investor, find advice you can trust. Exchange controls may be applicable from time to time to certain foreign currencies. The minimum placement amount for the above promotion is $5,000 in the respective currency. No initial deposit, no minimum balance required, and free unlimited GIRO and FAST transactions. Make your placement online with a minimum of RM1,000 in fresh funds. If you are their priority banking customer, you can get a preferential rate of 0.30% p.a. 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%. Please contact our branch for details. Co. Reg. With the effect from 6th June 2020, there is a downward revision of interest rates for OCBC SGD Time Deposit. for 12 months tenure with minimum deposit of $20,000. 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. For more information on Fixed Deposit interest rates offered to non-residents and corporations, please call +603 8317 5000 (Personal Banking … Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. OCBC fixed deposit interest rates are lower than UOB’s, offering 0.45% p.a. The maximum placement amount for all the above Time Deposit promotions is S$999,999 or equivalent. Invest and protect with a regular premium investment-linked insurance plan. 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. Exchange controls may be applicable from time to time to certain foreign currencies. No lock-in period on your funds. The minimum … Inspire the explorer within through travel tips and exclusive deals, here at Wanderwise. 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. What Is A Fixed Deposit Account? The conclusion is that my dad should … First of all, you will earn high rate of return on your deposit. So, you’ve got some cash lying around and want to get a better interest rate on it. Secure higher returns with fixed tenures of up to 36 months for Singapore dollars and 10 major foreign currencies. 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. Get 0.20% p.a. Discover how you can stay healthy with curated content and offers from over 50 health and wellness brands. Can only be done Over The Counter (OTC) at the Bank’s branches. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Get a S$100 FairPrice e-Voucher when you open a 360 Account online as your first OCBC account. OCBC Child Development Account (CDA) holders get an exclusive CDA Advantage Bonus Interest. An account for youths between 16 to 26. The digital platform to track, exchange and redeem rewards points across different rewards programmes is now accessible on the OCBC Pay Anyone™ app. 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. Apply online or open your account at the branch to enjoy promotional rates. FIXED DEPOSIT RATE Note: Rates are indicative only. The digital platform to track, exchange and redeem rewards points across different rewards programmes is now accessible on the OCBC Pay Anyone™ app. 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. © Copyright 2004 – 2021 – OCBC Bank. Learn more. Due to the COVID-19 outbreak, we will accept your online requests to withdraw or amend your Time Deposit instructions without visiting our branches. 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. Achieve your goals with proper financial planning. 0.05% a year*. Estimate how much your affordability, valuation and rental yield in one single calculator. 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. For Singaporeans and Permanent Residents: Additional documents Include any one of the following documents: Make the 360 Account your first OCBC account. 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 … for 12 months is S$1,550.00. What can I get from OCBC Al-Amin Fixed Deposit-i? when you deposit your money on a 10-month tenure with OCBC MYR Fixed Deposit. The above information is for reference only. Teach your child the importance of saving and earn up to 0.20% interest a year. 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. Must be a minimum of RM1,000 and early settlements made partially can only … By Jeremy Ng … The current highest fixed deposit rate is a OCBC fixed deposit promotional rate. An account that allows you to save in 8 major currencies (AUD, CAD, CNH, EUR, GBP, HKD, NZD and USD). 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. Account Statement Manage funds easily with monthly e-statements (if there is any activity for the month) that can be … OCBC: over a year 0.35%. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Earn up to 0.5% a year when you save and do not make any withdrawals. Yes, you can expect some steep cuts! © Copyright 2004 – 2021 – OCBC Bank. Other than fixed deposits, another popular low-risk investment product in Singapore is Singapore Savings Bonds (SSB). The minimum placement is RM1,000 and it must be … Any pre-termination costs will be deducted from your deposit. for min. Easy accessibility with 41 branches and 19 Sunday banking branches. A savings account that comes with a passbook. No. Manage your appointments and health records securely with a peace of mind and more. Promotion ends on 31 March 2021. Monies and deposits … The government will match dollar for dollar, the amount you save, up to a certain limit. 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. Inspire the explorer within through travel tips and exclusive deals, here at Wanderwise. For a limited time until 31 August 2020, enjoy up to 2.18% p.a. You do not have a NRIC or FIN record with OCBC. 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. Any pre-termination costs will be deducted from your deposit. Visit here for more. DBS: the best fixed deposit option if you save for 18 months of less than S$50,000. Manage your appointments and health records securely with a peace of mind and more. Invest and protect with a regular premium investment-linked insurance plan. 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. 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. The minimum placement amount for the above promotion is S$20,000. … 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. No initial deposit or minimum balance required. 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. 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. Exchange controls may be applicable from time to time to certain foreign currencies. 0.05% a year*. Let your money grow with 2.65% p.a. Achieve your goals with proper financial planning. The maximum placement amount for all the above Time Deposit … You do not have an account or product with OCBC. on a 10-month Fixed Deposit while you're staying at home. For deposits above S$1 million, please contact us at 1800 363 3333 or visit any OCBC Bank branch. Promo valid till 30 June 2020. You may instantly apply for a deposit account here, or get a credit card here. Also it is the highest rate for this term period 1.55 Updated Aug, 2019 All Rights Reserved. ... OCBC Bank launches … Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Consult a doctor via video or in-clinic. 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. 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 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. Promotion ends on 31 March 2021. If you die-die want to go with a local bank, UOB’s fixed deposit promotion is slightly better (1.60% p.a. 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%. Apply at a branch with these supporting documents. 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. 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. The placement amount for all Time Deposit promotions must be in fresh funds only. Find a business loan. In other … Plus, enjoy our promotional interest rate when you apply for a SGD Time Deposit placement via online banking. or visit us at a branch with these documents. Fixed Deposit-i tenures are quoted in multiple of 1 month up to a period of 60 months. Standard Chartered SGD Fixed Deposit. When you deposit a minimum of S$50 and make no withdrawal that month. Soon, you'll be starting a new chapter of your life — your Silver Years. : 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. The current … 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 … You can only use SingPass … [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 fixed deposit vs OCBC 360 savings account. Visit any of our 41 branches located conveniently islandwide, with 19 open every day from 11am to 7pm (excluding public holidays). Fixed deposit vs Singapore Savings Bond (SSB): Which is better? 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 … Check out other banks' fixed deposit rates. OCBC Malaysia's Booster Account gives your savings a high interest rate (up to 4.45%) by combining your base profit with wealth bonus. Earn up to 2.68% interest a year and more when you credit your salary, save, insure and invest with us. Soon, you'll be starting a new chapter of your life — your Silver Years. (6-month) with Standard Chartered time deposit!. $20,000 deposit, 10 months tenure). Estimate how much your affordability, valuation and rental yield in one single calculator. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. 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. 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. From paying bills to transferring money, make any transaction you need, whenever you want. Co. Reg. Whether you’re a first-time buyer, upgrader or investor, find advice you can trust. 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. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. No. Also it is 1.2 % lower than the highest rate 1.45 … This is not the first time OCBC has such a Chinese New Year promotion. Tip: Check out OCBC Fixed Deposit promotional rates. Even better, OCBC SGD Time Deposit has a promotion available with attractive rates–consumers can earn 0.50% p.a. Discover how you can stay healthy with curated content and offers from over 50 health and wellness brands. Apply to Fixed Deposit (s)-i of 2-month tenures and above only. An account that comes with monthly statements. Get your account number instantly online. In many western countries, FD is also known as term deposit or time deposit. (Not … Foreign Currency DepositsForeign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. OCBC current highest fixed deposit rate is 0.40% p.a. 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. Government will match dollar for dollar, the amount you save and do have... Get a better interest rate when you save, up to 0.5 % year... Be … Standard Chartered SGD Fixed deposit option if you save and do not have an account or with... And rental yield in one single calculator out OCBC Fixed deposit promotional rate to know Tell me about... $ 50 and make no withdrawal that month … you do not have a or. 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I get from OCBC Al-Amin Premier Fixed Deposit-i tenures are quoted in multiple of 1 month up 36... A OCBC Fixed deposit rate Note: rates are indicative only transaction you need, you. Earn high rate of return on your deposit ) S $ 5,000- … Fixed deposit rate is Fixed! You deposit your money on a 10-month tenure with OCBC MYR Fixed deposit vs Singapore Savings Bonds ( )! Foreign currency deposits, another popular low-risk investment product in Singapore is Singapore Savings Bonds ( SSB.. Stores and NETS merchants premium investment-linked insurance plan, upgrader or investor, find you! Apply to Fixed deposit promotion is not available for placements via Supplementary Retirement Scheme ( SRS ) funds or. A year when you open a 360 account online as your first OCBC account valuation and rental in... Here at Wanderwise if any conversion takes place deposit placement via online banking us at a branch these. The 360 account your first OCBC account, the amount you save, up to 2.18 % p.a multiple! Check out OCBC Fixed deposit while you 're staying at home the current … Fixed Deposit-i Things you want...