Dear Valued Customers,
We will be revising the Singapore Dollar (SGD), United States Dollar (USD) and Renminbi (RMB) prevailing interest rates for BOC Savings Accounts with effect from 1 August 2020. The revised SGD savings interest rates will be applicable to Multi-Currency Savings Account, SGD Savings Account, Gold Settlement Account (SGD), Future Savers Account. The revised USD and RMB savings interest rates will be applicable to Multi-Currency Savings Account.
| Currency |
Deposit Amount |
Existing Interest
Rate (% p.a.) |
Revised Interest
Rate (% p.a.) |
| SGD |
Below $5,000.00 |
0.2500 |
0.1000 |
| $5,000.00 to S$20,000.00 (exclusive) |
0.2750 |
0.1000 |
| S$20,000.00 to S$50,000.00 (exclusive) |
0.3500 |
0.1500 |
| S$50,000.00 to S$100,000.00 (exclusive) |
0.4000 |
0.1500 |
| S$100,000.00 and above |
0.4750 |
0.2000 |
| USD |
Any amount |
0.0000 |
0.1000 |
| RMB |
Any amount |
0.1000 |
0.5000 |
Should you require any clarification, please contact our 24-Hour Customer Service Hotline at 1800 66 95566 (Singapore) or +65 677 95566 (overseas).
Bank of China Limited, Singapore Branch
2 July 2020
Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
