Questions About Singapore Fixed Deposits
The Association of Banks in Singapore ABS has a list of questions that consumers who want to deposit money in Singapore fixed deposits accounts should ask their banks and financial institutions.
What are the questions about Singapore fixed deposits should you ask?
About Singapore Fixed Deposits
Premature withdrawals: If I need to withdraw my Singapore fixed deposits before maturity, will the bank pay interest for the period the Singapore fixed deposits was placed with it? If so, how will the interest be computed?
Charges: Do I have to pay charges or a penalty for prematurely withdrawing my Singapore fixed deposits?
Rollover of fixed deposits: If my Singapore fixed deposits matures and I leave it with the bank, will I be paid interest for the period until I withdraw my money?
Withdrawals: What identification do I need to present when I withdraw my Singapore fixed deposits?
Loss of Singapore fixed deposit receipt: What must I do if I lose the original Singapore fixed deposits receipt?
Public Holidays: What happens if the Singapore fixed deposits maturity date falls on a public holiday?
Every time you put money or invest in a Singapore fixed deposit, these are the questions about Singapore fixed deposits you should ask your bank and financial institution.
source: ABS (The Association of Banks in Singapore)
Singapore Fixed Deposit
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