Deposit Insurance Scheme
The Deposit Insurance Scheme was established under the Deposit Insurance Act which came into force on 18 October 2005.
The Scheme aims to provide limited compensation to selected eligible deposits placed with full banks and finance companies in Singapore.
Sing Investments and Finance Limited is a member of the Scheme.
The deposit accounts which qualify for deposit insurance coverage under the Scheme are listed in the Insured Deposit Register below.
Insured Deposit Register
The following are deposit accounts which are eligible for deposit insurance coverage under the Deposit Insurance Act. Any Singapore dollar deposit in this list held by an individual or a charity, will be insured up to the limits specified in the Deposit Insurance Act.
Deposit Accounts
S$ Savings Deposit Account
S$ Fixed/Call Deposit Account
