Ocbc Time Deposit
PIDM insures eligible deposits for up to RM250,000 per depositor per bank. The RM250,000 limit includes both the principal amount of a deposit and the interest / return. Islamic and conventional deposits are eligible for a separate coverage limit of RM250,000 each. Deposit protection is automatic. Prime-linked Deposit. 1.000. My Kid Savings Plan: 0.500. Remark. Please contact any of OCBC Wing Hang Branches to enquire the interest rates. The above information is for reference only. Please contact our branch for details. OCBC fixed deposit interest rates are lower than UOB’s, offering 0.45% p.a. For minimum $20,000 deposit for at least 12 months. RHB fixed deposit rates (Jan 2021) RHB fixed deposit rate. Here is the OCBC Bank Singapore Opening Hours: 09:00 - 16.30 Or 11:00 - 19:00. 23 Serangoon Central, #B2-28/29, NEX Mall Singapore 556083 Hours: Monday-Sunday 11am-7pm Additional Services: Premier Banking Centre; OCBC Bank Jurong Point.
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. 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.
Foreign Currency DepositsForeign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time to certain foreign currencies. 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. Any pre-termination costs will be deducted from your deposit.
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