Ocbc Fixed Deposit Rate

Posted By admin On 10/07/22

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OCBC Malaysia's Booster Account gives your savings a high interest rate (up to 4.45%) by combining your base profit with wealth bonus. A Fixed Deposit with nine global currencies. Initial deposit. 10,000 worth of AUD, CAD, EUR, NZD, SGD, USD, RMB. Base rate of 3.25% p.a. For account balance of RM30,000 and above Base rate. Online submission for Time Deposit requests. Due to the COVID-19 outbreak, we will accept your online requests to withdraw or amend your Time Deposit instructions without visiting our branches. Plus, enjoy our promotional interest rate when you apply for a SGD Time Deposit. Interest rate: Base interest: 0.05% a year. When you deposit a minimum of S$50 and make no withdrawal that month: 0.05% a year. OCBC Child Development Account (CDA) holders get an exclusive CDA. OCBC fixed deposit rates (Feb 2021) OCBC fixed deposit interest rates are lower than UOB's, offering 0.4% p.a. For minimum $20,000 deposit for at least 12 months. Foreign currency deposits Foreign 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.

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Rate

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.

Ocbc Fixed Deposit Rate September 2020

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