Disclaimer

You will now be redirected and will be leaving sc.com/sg.  

 

Proceed

An attractive foreign currency savings account

Apply Now Apply Now
Person, Human, Clothing

An attractive foreign currency savings account

Features

Staff Banking Privileges

EXCLUSIVELY FOR STAFF

  • No minimum initial deposit
  • No fall-below fee
  • No minimum average daily balance requirement
  • No monthly service fee
  • No early account closure fee
  • Interest rates are subject to changes without prior notice. Please call (65) 6597 8456 or approach the Staff Banking Team for more details.

FOR RETAIL CLIENTS

  • Minimum initial deposit US$2,000 or its equivalent
  • Fall-below fee applicable (depending on currency)
  • Minimum average daily balance requirement (depending on currency)
  • Monthly service charge applicable (depending on currency)
  • Early account closure fee US$20 or its equivalent

Eligibility & Documents

Eligibility

  • Nationality: Singapore citizen / Singapore permanent resident / foreigner
  • Age requirement: Minimum 18 years old

Documents Required

  • Mandatory supporting documents for Singapore citizens and permanent residents:
    • NRIC (front and back)
  • Mandatory supporting documents for foreigners:

    Passport

    Employment Pass

    Any of the following documents:

    • Utility bill within the last 3 months
    • Bank statement within the last 3 months
    • Letter from the human resource department of current employer stating address
    • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
    • Telecommunications bill within the last 3 months
    • Tenancy agreement

Terms & Conditions

  • For details, please click here.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.