Basic Banking Account

Interest-bearing savings account

with basic banking services.

Interest-bearing savings account with basic banking services.

Basic Banking Account

  • A SGD denominated savings account with basic banking services
  • Easy tracking of funds with monthly statements
  • Instant payments & transfers and real-time balance updates

For account opening, please visit our branches or call our CitiPhone Banking Hotline at 6225-5225 between 8 a.m. to 8 p.m. for more information.

Locate the nearest branch here.

Benefits
Eligibility Criteria Yes

Singaporean or PR aged 18 and above.

Monthly Income is below S$2,000.

Monthly Service Fee Yes $2 per month (waived for individuals under the Government's Public Assistance Scheme / Special Grant Scheme recipients)
Minimum Monthly Balance No No minimum monthly balance
Checking facilities No Not available
Interest Earning Yes Interest is accrued daily and credited monthly
Online Banking Yes Instant payments & transfers and real-time balance updates
Phone Banking Yes CitiPhone Banking and Automated Voice Response
International ATM card Yes Free international ATM Card with access to Citibank ATMs

Terms & Conditions:Terms & Conditions:

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 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 products and services mentioned in this document are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, Isle of Man or the UK. They are also not offered to individuals resident in Brazil and New Zealand. This document is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals. 

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