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Bank of China (Singapore) Elevates Savings with Competitive Time Deposit Rates
UPDATE 30 July: Bank of China (Singapore) Offers Up To 3.45% p.a. Time Deposit Rates From 30 July 2024
In a significant enhancement of its financial offerings, Bank of China (Singapore) has announced an increase in its Time Deposit rates, providing personal banking clients an opportunity to accrue up to 3.50% per annum, marking a new high in the bank’s savings incentives.
Rates As of 23 July 2024
| 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 | 2.90 | 3.00 |
| 2 months | 3.20 | 3.30 | ||
| 3 months | 3.40 | 3.50 | ||
| 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 | ||
*This promotional rate is only applicable to personal banking customers with placement via BOC Mobile Banking.
For a detailed overview of Bank of China’s enhanced Time Deposit offerings, click here. Locate your nearest Bank of China branch for personalized service, click here.
Discover Singapore’s leading deposit rates by visiting this link for more information.
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