Fixed Deposit - Singapore Dollar Time Deposit

Q: Can my Time Deposit be withdrawn before it matures?

Singapore Dollar Time Deposits usually come with a defined tenure and help you earn specific interest on that amount, if kept till maturity. However, if you withdraw the SGD Time Deposit before it matures, an administrative fee or withdrawal fee may be charged.

SGD time deposit.

Greater earning potential.

What is a Singapore Dollar Time Deposit?

Citibank Singapore Dollar Time Deposit is a fixed deposit account. It allows you to grow your savings with a range of tenors according to your preference. The board interest rate is fixed throughout the tenor of the deposit.

Benefits of Singapore Dollar Time Deposits:

Minimum deposit of S$10,000 to open an account.
Choose from minimum tenure of 1 week to a maximum of 48 months.
Competitive interest rates.

Benefits

Board Rates of Singapore Dollar Time Deposits

Select your preferred tenor and deposit amount:

Tenor:

Deposit Amount:

Board Rate:

RESET

Features of Singapore Dollar Time Deposit:

Minimum deposit	Required*	S$10,000
Tenor Available	Yes	Overnight*,1 week, 1, 2, 3, 6, 9, 12, 18, 36, and 48 months
Online Banking	Yes	View and place your time deposit online
Phone Banking	Yes	CitiPhone Banking and Automated Voice Response
Other requirement	Yes	A corresponding checking and savings account must be opened

FAQs

FAQs on Singapore Dollar Time Deposit

Click on to expand and on to minimise the details.

Can my Time Deposit be withdrawn before it matures?

Can I take advantage of the Singapore Dollar (SGD) Time Deposit Board Rates for tenures of 9 months or more?

Terms & Conditions:Terms & Conditions:

The rates shown here are indicative only and quoted in % p.a. The rates are subject to change without prior notice and are not to be taken as an offer to contract. Citibank shall not be responsible for any loss or damage arising directly or indirectly from the use of or reliance of the information provided therein.

* No minimum deposit is required for Overnight deposit. The interest rate for Overnight deposits denominated in Singapore dollar is 0% for all balances.

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. For more information, please refer to SDIC's website at www.sdic.org.sg

The promotions, products and services mentioned in the referenced document are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey and Jersey, Monaco, San Marino, Vatican, The Isle of Man, the UK, Brazil, New Zealand, Jamaica, Ecuador or Sri Lanka. The referenced document is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the promotions, products and services mentioned therein to such individuals.

Citibank full disclaimers, terms and conditions apply to individual products and banking services

SINGAPORE DOLLAR TIME DEPOSITS (FIXED DEPOSITS)