Best Interest Rates for Fixed Deposits in Singapore

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There are many banks in Singapore but in his description we talk about the three top banks which give the best interest rates in Singapore. The interest rates vary periodically and you have to check the latest rates from the bank website. Read on to know more.

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One of the top banks is the Dbs Bank that is incorporated in Singapore. The former name of the bank was The amelioration Bank of Singapore Limited. The new name was adopted in 2003. The role of the bank has changed through out the years. The bank was set up in 1968. They have their offices in China, Dubai, India, Hong Kong and many other countries. They offer their customers the best interest rates. They have discrete schemes customized to individual customer needs. The customer can deposit a minimum number of S00. The person with the fixed deposit account can also passage the Atm card. The account is automatically renewed with the same interest rates unless the customer has instructed otherwise. The best fixed deposit rates over here for twelve months of an number of S00 to S,999 is at the rate of 0.45 %. The head office of this bank is 6 Shenton Way, Dbs building Tower One Singapore 068809.

Another premier bank in Singapore is Hsbc. It is one of the earliest banks to be established in Singapore. It offers its customer a wide range of services. It was first established in December 1877. Today it is known as the world's preeminent local bank. Any way to open a fixed deposit account over here people have to open an account that has a balance of minimum S00.It has got flexible deposit task with inspiring interest rates. In most cases the deposits are automatically renewed. The interest rate over here for 12 months would be 0.48% for the number of S00 to S$ 49,999. Over here one can get the highest interest rates. For supplementary details you can visit their office at 21 Collyer Quay Hsbc building Level 2 Singapore 049320 from 9.30 am to 5.00 pm from Monday to Friday.

Ocbc bank in Singapore is one of the important financial institutions in Asia. They have got a large range of services for their clients. The minimum number to open a fixed deposit account is S00. The best interest rate for a period of 24 months for the number of S00 to S,000 is 0.7000.The rates are calculated in % per annum. For supplementary details any person can taste 65 Chulia road #01-00 Ocbc town Singapore 049513.

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