The Bank of East Asia
Fixed Deposit Accounts
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- 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.
- Account holders must be at least 12 years old.
- A minimum placement amount of S$10,000 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 savings / current account, or paid to you with a cashier’s order in your name and mailed to you at no charge.
