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Explore the latest time deposit offerings from Bank of China (Singapore)
UPDATE: Bank of China (Singapore) Latest Time Deposit Rates Offers Up to 3.40% p.a. From 5 Aug
Bank of China (Singapore) has announced a new set of time deposit rates, with returns reaching up to 3.45% per annum.
This offer, effective from 30 July 2024, provides customers with a range of tenure options to suit various financial planning needs.
Time Deposit Rates As of 30 July 2024
The new rates cover a variety of terms, offering flexibility and competitive interest to Singaporean savers. Whether investing for a short or longer period, customers can find a suitable option
The interest rates vary based on the method of deposit, with higher rates available for placements made via mobile banking.
| Currency | Minimum Amount | Tenor | Interest Rates (% p.a.) | |
|---|---|---|---|---|
| Counter Promo Rates | Mobile Banking Promo Rates (New Placement)* | |||
| SGD | S$10,000 and above (Over the Counter） S$500 and above (Via Mobile Banking) | 1 month | 2.85 | 2.95 |
| 2 months | 3.10 | 3.20 | ||
| 3 months | 3.35 | 3.45 | ||
| 4 months | 3.25 | 3.35 | ||
| 5 months | 3.20 | 3.30 | ||
| 6 months | 3.20 | 3.30 | ||
| 9 months | 2.95 | 3.00 | ||
| 12 months | 2.95 | 3.00 | ||
| 18 months | 2.50 | 2.60 | ||
| 24 months | 2.40 | 2.50 | ||
* Note: The Mobile Banking Promo Rates are exclusive to new placements via the BOC Mobile Banking APP. A Savings or Current Account is necessary for these placements.
Bank of China’s time deposit offerings stand out in the market for their attractive rates and flexible terms, making them a compelling option for both new and existing clients looking to grow their savings in Singapore’s competitive banking environment.
For a comprehensive overview of Bank of China’s enhanced Time Deposit rates and conditions, interested customers can click here. To find your nearest Bank of China branch for personalised banking services, click here.
Stay updated with Singapore’s top deposit rates by visiting this link for further details.
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