Deposits

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Choose from our range of savings and current accounts that are tailored for different needs and lifestyles. Enjoy one of the best deposit rates on savings, current accounts as well as fixed deposits.

Term Deposit Account

Because we value your money and time

Basic Savings Account

Basic Banking, nothing else

Special Savings Account

Savings account - can’t get any better

Kid Savers Account

Making managing money fun for your kids

MultiSweep Account

Set your own limits

Check plus Account

Best of saving and checking

Multi Option Deposit Scheme

Double bonanza – Give you high interest rates and full liquidity

Recurring Deposit Account

A simple formula for large savings

50Plus Time Deposit

Continue growing your savings with confidence
Make your surplus foreign currency funds work harder and earn potentially higher returns. We offer major foreign currency term deposits at competitive interest rates.

Foreign Currency Term Deposit

High yielding term deposit

Foreign Currency Current Account

Choice of major global currencies

Foreign Currency CheckPlus Account

Interest bearing current account

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law.

Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Important notes

Foreign currency deposits are subject to rate fluctuations. Adverse exchange rate movements could erase interest earnings completely and reduce the principal amount of the deposit.

At present SBI Singapore does not offer the CPF Investment Scheme.

For more information on deposit insurance, please click Deposit Insurance A Consumer Guide

Insured Deposit Register
Please click here for the list of deposit accounts eligible for insurance coverage under the Deposits Insurance Act