The Bank of East Asia

Personal Banking

Savings Account

  • Passbook Savings Account

    • A passbook-based savings account
    • Account holders must be at least 12 years old.
    • Attractive interest rates are offered.
    • Interest is calculated on the daily closing balance and credited to the account at the end of the month.
    • A minimum initial deposit of S$1,000 is required.
    • A S$20 minimum balance charge will be levied if the monthly average daily balance is less than S$2,000.
    • A handling charge of S$10 (or its equivalent) will be deducted from the proceeds of inward remittance.

 

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