The minimum placement amount for the Foreign Currency Time Deposits Promotion is S$50,000 equivalent and the maximum placement amount is S$999,999 equivalent in fresh funds only i.e. the funds placed must not be transferred from existing
OCBC Bank deposit accounts or in the form of OCBC cheques/cashier’s orders/demand drafts. All promotional interest rates and tenures are valid for a limited period only and are subject to change by OCBC Bank at its sole discretion
without prior notice. Foreign currency deposits are subject to inherent exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent
at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time for certain foreign currencies. You should therefore determine whether any foreign currency deposit is suitable for
you in the light of your investment objectives, financial means, and risk profile. Any pre-termination costs will be deducted from your deposit. The decision of OCBC Bank on all matters relating to this promotion shall be final and
binding. Terms and conditions Governing Deposit Accounts apply. OCBC reserves the right to waive/vary/amend any of these terms and conditions without prior notice.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate
per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.