OCBC Singapore Fixed Deposit Promotion

OCBC Singapore Fixed Deposit Promotion: TWIN S$ Time Deposit

In this OCBC Singapore Fixed Deposit Promotion, get up to 1.00% per annum fixed deposit interest rate on a 7-month and 14-month OCBC Singapore fixed deposits.

Read the OCBC Singapore Fixed Deposit Promotion:

Good fortune often comes in pairs. That's why the Twin S$ Time Deposit comes in an exquisite pair of 7- and 14-month tenors, so that your funds are not all tied up into the same periods. Plus, you get to enjoy the same promotional interest rate of 1%p.a. with the same deposit amount placed into both tenors! Just make a minimum combined placement of S$40,0002 to start enjoying this promotion today.

The OCBC Singapore Fixed Deposit Promotion applies to fresh funds only (transfers from existing OCBC Bank deposit accounts or in the form of OCBC cheques/cashier's orders/demand drafts are not permitted) and is not valid with other offers or promotions unless otherwise stated.

Only personal accounts are eligible. All promotional rates and tenors are valid for a limited time period only and may be subject to change by OCBC Bank at its sole discretion without prior notice. OCBC Twin S$ Time Deposit Promotion Terms and Conditions, Terms and Conditions Governing Deposit Accounts apply (both available at www.ocbc.com/tandc).

The minimum deposit amount is S$40,000 (for both the 7-month and 14-month S$ Time Deposits combined) and the maximum deposit amount (for both the 7-month and 14-month S$ Time Deposits combined) is S$100,000 per pair of OCBC Twin S$ Time Deposit.

Each customer is entitled to a maximum total deposit of S$500,000 under the Promotion. These deposit amounts shall be split equally between the 7-month and 14-month S$ Time Deposits. Both S$ Time Deposits must be placed to full maturity in order to enjoy the 1% promotional rates on both the 7-month and 14-month S$ Time Deposits.

In the event of early termination of either the 7-month or 14-month S$ Time Deposit, the other S$ Time Deposit shall be terminated at the same time and no interest shall be payable on both the S$ Time Deposits. If the 14-month S$ Time Deposit is terminated after the 7-month S$ Time Deposit matures, no interest shall be payable on the 14-month S$ Time Deposit and OCBC reserves the right to deduct from the proceeds any interest already paid into the 7-month S$ Time Deposit.

OCBC Bank reserves the right to waive/vary/amend any of these terms and conditions without prior notice. Singapore dollar deposits held by or for an individual or a charity in accounts listed in OCBC Bank's Insured Deposit Register (available at www.ocbc.com/policies) will be insured in accordance with and for up to the limits specified in the Deposit Insurance Act.

Admin
Singapore Fixed Deposit
Tags: 2009, Singapore Fixed Deposit, Singapore FD.