Bank of China Singapore Promo Time Deposit Rates Up to 1.65% p.a. from 10 Aug 2026

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Looking for a straightforward place to park spare Singapore dollars at a fixed promotional rate? 💰

Bank of China Singapore’s latest Personal Time Deposit promotion is now running from 10 August 2026, with standard new-placement promotional rates of up to 1.65% p.a. for new SGD placements made through BOC Mobile Banking 📱.

The headline 1.65% p.a. rate applies to a 6-month placement of at least S$200,000. Smaller placements can start from S$500, with promotional rates varying by tenor.

Compared with BOC’s immediately preceding 3 Aug 2026 rate table, the 6-month rate rises from 1.50% to 1.60% p.a. for S$500 placements and from 1.55% to 1.65% p.a. for S$200,000 placements. The 9-month and 12-month rates each rise by 0.05 percentage point for both amount tiers, while the S$500 rates for 1, 2, 3, 5, 18 and 24 months are unchanged. A new S$200,000 18-month tier also appears at 1.55% p.a.

📈 Recent BOC standard SGD mobile rates have been trending upwards: the headline standard rate was 1.45% p.a. from 22 Jun 2026, 1.50% p.a. from 29 Jun 2026 and 1.55% p.a. in the late-July and 3 Aug tables before reaching 1.65% p.a. from 10 Aug 2026.

✨ Promotion highlights

• 🏦 Bank: Bank of China Singapore
• 📅 Promotion period: From 10 Aug 2026
• 📈 Highest standard new-placement rate: 1.65% p.a.
• 🆕 Separate New-To-Bank offer: Up to 1.78% p.a. for eligible customers placing S$200,000 to S$250,000 for 8 or 11 months
• 💵 Minimum standard placement: S$500
• 💰 Standard top-rate requirement: S$200,000 for 6 months to receive 1.65% p.a.
• 📲 Placement channel: BOC Mobile Banking
• 🆕 Placement type: New SGD Personal Time Deposit
• 🛡️ Deposit protection: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation for up to S$100,000 in aggregate per depositor per Scheme member by law. A S$200,000 placement exceeds this aggregate insurance cap, and other eligible SGD deposits with the same Scheme member also count towards the limit. Foreign currency deposits, structured deposits, dual currency investments and other investment products are not insured.

📊 BOC Mobile Banking promotional interest rates

Compare the available tenors and minimum placement amounts before confirming a new placement:

Interest rates are quoted per annum. The actual interest received depends on the placement amount, selected tenor and the promotional rate confirmed when the placement is made.

💡 Choosing between the S$500 and S$200,000 tiers

For placements from S$500, the strongest listed promotional rate is 1.60% p.a. for 6 months. Raising the placement to at least S$200,000 lifts the 6-month promotional rate to 1.65% p.a.. The S$200,000 tier also offers 1.60% p.a. for 9 or 12 months and 1.55% p.a. for 18 months.

Compare both the rate and preferred lock-in period rather than selecting a tenor solely for the highest percentage. Longer tenors do not necessarily carry higher rates under this promotion.

📝 Things to know before placing

• 📱 Mobile placement: Promotional rates apply to new SGD time deposit placements made through BOC Mobile Banking.
• 🏦 Account requirement: A BOC Savings Account or Current Account is required to make a time deposit placement through mobile banking.
• 👤 Eligibility: SGD Time Deposit applicants must be at least 15 years old. Eligible applicants include Singapore Citizens, Permanent Residents and foreigners holding a Work Pass, Student Pass, Long-Term Visit Pass or Dependant Pass.
• 📈 Rate confirmation: Promotional rates are indicative and apply to personal customers. The applicable rate is the rate available when the placement is confirmed.
• ⏰ Overnight placements: Rates displayed between 12.00am and 6.00am are indicative and subject to change. The actual rate is confirmed on BOC’s website and mobile app after 6.00am on the same day.
• ⚠️ Premature withdrawal: Withdrawing the time deposit before maturity may lead to a loss of interest. Check the terms for the selected tenor before confirming the placement.
• ✅ Final checks: Verify the placement amount, tenor, displayed interest rate, maturity date and funding account before confirming the transaction.
• 📋 Standard eligibility requirements, placement conditions and prevailing bank terms apply.

📱 How to place the time deposit

1. Log in to the BOC Mobile Banking App.
2. Select the Time Deposit placement function.
3. Choose SGD, select the preferred tenor and enter the placement amount.
4. Review the displayed rate, maturity date and funding account.
5. Confirm the placement after checking all transaction details.

The time deposit can be placed without visiting a branch once an eligible BOC Savings or Current Account and Mobile Banking access are in place. Existing customers who have not registered for Mobile Banking can register through Personal Online Banking or at a BOC branch.

For a new account, start an application by scanning the QR code shown in the promotion artwork or opening the BOC account application page 🔗.

🔗 Useful BOC links

Review BOC’s published promotional-rate updates through the official BOC promotion rates archive. For mobile banking assistance, visit the official Mobile Banking FAQ, Mobile Banking App download page and the Time Deposit Account page.

Compare other offers via the Singapore deposit rates guide. Branch information is available on the official branches page.

🏦 Branch locations

BOC Singapore locations include Main Branch at Bank of China Building, 4 Battery Road; Marine Parade Wealth Management Centre at Parkway Parade #01-59-62A (by appointment only); Chinatown Sub-Branch at Furama City Centre #01-01; North Sub-Branch at BOC Plaza, 133 Middle Road; Tampines Sub-Branch at Tampines 1 #B1-21/22; Jurong East Sub-Branch at Westgate #04-30/31; Woodlands Sub-Branch at Causeway Point #B1-12; Toa Payoh Sub-Branch at 600 Lorong 4 Toa Payoh #01-03; Bedok Sub-Branch at Bedok Mall #B2-07; Punggol Sub-Branch at Waterway Point #01-16; Tiong Bahru Sub-Branch at Tiong Bahru Plaza #01-127; and Ang Mo Kio Sub-Branch at AMK Hub #03-02. Check the official branches page before visiting as branch arrangements may change.

Compare the rate tiers carefully, especially the difference between placements starting from S$500 and the S$200,000 top-rate tier. Confirm the live promotional rate in BOC Mobile Banking immediately before completing any placement.

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