Deposit Insurance Scheme

Deposit Insurance Scheme.

Citibank Deposit Insurance Scheme

What is Deposit Insurance Scheme?

Singapore dollar deposits held in the accounts listed below for 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. For SDIC consumer guides, please refer to here. You may refer to SDIC's website at www.sdic.org.sg for further information.

List of Singapore Dollar Accounts covered under the Deposit Insurance Scheme:

Savings Accounts

  1. S$ Savings Account
  2. S$ Money Market Account
  3. S$ Basic Banking Account
  4. S$ Junior Savings Account

Checking Accounts

  1. S$ Checking Account
  2. S$ Citi MaxiGain Account
  3. S$ Maxisave Account
  4. S$ Maxisave Sweep Account
  5. S$ InterestPlus Savings Account
  6. S$ CitiBusiness High Yield Account**
  7. S$ Tap & Save Account
  8. S$ Step-Up Interest Account
  9. S$ Citi Wealth First Account
  10. S$ Citi Interest Booster Account
  11. S$ Cash Management Account

Time Deposit Accounts

  1. S$ Overnight Deposit Account
  2. S$ Time Deposit Account
  3. S$ Unfixed Time Deposit Account

Others

  1. S$ Brokerage Cash Account

The information provided herein is accurate as of 31 October 2022. Citibank Singapore Limited may from time to time update and revise this Register.

** Available only at CitiBusiness

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