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.
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