BOC Singapore New Promotional FD Rate

Singapore Fixed Deposit: BOC Singapore New Promotional FD Rate

In 2014 “Singapore Fixed Deposit” BlogSpot site will share updates on BOC Singapore New Promotional FD rates.

BOC Singapore New Promotional FD Rate :


2014-04-02

Promotion Theme

SGD Time Deposits and Multi-Currency Savings Account Promotion!

Promotion Period

From 1 April 2014 for a limited time period only.

Eligibility

Only for individuals with fresh funds.

Promotion Details

To enjoy the following Time Deposits promotional interest rates, you need to open a

Multi-Currency Savings Account with a minimum deposit amount of S$1,500.

Min. Deposit Amount (S$) 12-MTH SGD Time Deposits

Promotional Interest Rate*

S$60,000 to S$199,999 = 1.20% p.a.
More than $200,000 = 1.21% p.a.

*Rates are indicative only.



The Multi-Currency Savings Account comes with the new BOC Great Wall International Debit Card and Internet Banking facilities.

Terms and Conditions

◾This Promotion is only applicable to eligible customers with fresh funds i.e. the funds are not transferred from any existing account with Bank of China Limited, Singapore Branch (“BOC”) or in the form of BOC’s cheque(s)/cashier order(s)/bank draft(s).

◾A multi-currency savings account (SGD) must be opened by the eligible customer in order to enjoy the promotional interest rates for Singapore Dollar Time Deposit. A minimum amount of S$1,500 has to be deposited into the multi-currency savings account (SGD). A fee of S$3 will be deducted if the average monthly balance falls below the minimum amount of S$1,500.

◾Multi-currency savings account (SGD) comes with BOC Great Wall International Debit Card and Internet Banking facilities.

◾Singapore Dollar Time Deposit shall be maintained with BOC for a period of not less than twelve (12) months, and the minimum placement to enjoy the interest rate of 1.20% p.a. or 1.21% p.a. is S$60,000.00 or S$200,000.00 respectively.

◾Upon maturity of time deposit placement(s), the principal and interest amounts will be renewed at BOC’s prevailing time deposit board rates for the respective currencies, tenors and amounts, unless other instructions are provided by the eligible customer.

◾This Promotion is not valid with any other promotions and cannot be combined or repeated with any existing promotions.

◾BOC reserves its right to extend, revise or withdraw the promotion, and is entitled to vary, delete or amend the terms and conditions herein as in whole or part without prior notice.

◾The decision of BOC in connection with any matter relating to the promotion is final, conclusive and binding on all customers and no correspondence or claims will be entertained.
◾BOC shall not be responsible nor shall accept any liabilities of whatsoever nature and howsoever arising or suffered by all customers resulting directly or indirectly from this Promotion.

◾By participating in this Promotion, the eligible customers agree to be bound by the terms and conditions herein including any amendments and variations thereto.

◾Other terms and conditions shall apply.

◾In the event of any discrepancy or inconsistency between the English version and the Chinese version of the terms and conditions, the English version shall prevail.


All Singapore fixed deposit interest rates are subject to change.

We hope you find our Singapore Fixed Deposit site useful.

Admin
Singapore Fixed Deposit
Tags: 2012, Singapore Fixed Deposit, Singapore FD.