|
Dear Valued Customers,
From a global perspective, banks have been reducing their interest rates to address economic downturn due to COVID-19.
Correspondingly, we will also be revising our US Dollar (USD) interest rate as below for ICBC Current Account (Individual), with effect from 1st March 2021 (date inclusive).
| ICBC Current Account (Individual) (USD) |
Existing Interest Rate |
Revised Interest Rate Effective 1st March 2021 |
| Ordinary Current Account |
0.08 % p.a. |
0.01 % p.a. |
Kindly contact us at 65-6369 5588 (24-hours) if you have further enquiry.
We seek your kind understanding in this and thank you for banking with us.
Yours Sincerely,
Industrial and Commercial Bank of China Limited, Singapore Branch
21st January 2021
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.
|