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- Choice of Major global Currencies – USD, GBP, AUD
- Competitive interest rates
- Choice of tenors – 1/ 2/ 3/ 6/ 12 Months*
- Initial deposit of $5,000 in respective currency
- Deposit and withdraw foreign currencies in Cashier's Order (only for USD) or telegraphic transfers
- Individuals of the age of 21 years and above
- Singaporean / Singapore Permanent Residents / Foreigners
- Slab interest rate depending on amount and tenure
- For the latest Interest Rates, click here
- For the latest Promotional Rates, click here
- Premature Withdrawal : FCY Deposits: For premature withdrawal of deposit, interest is paid for the period it has actually run on a daily basis, at the board rate applicable for that period minus 1% penalty. If the board rate applicable is less than or equal to 1%, no interest is paid.
SBIS reserves the right to discontinue or vary this promotion or revise the interest rates or extend or withdraw the promotion without prior notice.
The Term Deposit Promotion is an independent promotion and cannot be clubbed with any other offer and/or promotion from the Bank. For standard terms and conditions governing deposit accounts, refer click here for more details.
- Singaporeans / Permanent Residents:
- Photocopy of NRIC, both sides (The NRIC should have latest address of the applicant)
- Non – Singaporeans
- Photocopy of Passport and
- Photocopy of Employment Pass / Work Permit / Dependant Pass and
- Document proof of address (i.e. utility bill, driving license etc.), if not same as in Employment Pass / Work Permit / Dependant Pass