The Bank of East Asia

Corporate Banking

Singapore Dollar Fixed Deposit Account

  • A “fixed deposit” is the deposit of funds by a customer with the Bank on a fixed term and at an interest rate fixed by the Bank at the time of deposit.
  • Corporate accounts include sole proprietors, partnerships, firms, and societies / associations / clubs.
  • A minimum placement amount of S$20,000 is required, for tenors of 1 month and above.
  • We offer a wide choice of deposit terms, ranging from 1 to 12 or 24 months, at competitive interest rates.
  • Fixed deposits are automatically renewed upon maturity, unless otherwise instructed, for the same term at the prevailing interest rate.
  • Interest earned upon maturity can be added to the principal of your renewed deposit, credited to your current account, or paid to you with a cashier’s order in your name and mailed to you at no charge.

 

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