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Regular Saving Account Deposit

Make your current work by accumulating every single dollar.

The SGD Regular current Account provided by ICBC, Singapore Branch is designed to help you achieve your current goal with a stable and safe return.

SGD Regular Saving Account Deposit Rate(minimum monthly deposit amount of (SGD100)

Tenor SGD
100 & Above
1 year 0.30%
2 years 0.60%
3 years 0.70%
5 years 0.80%

1. Benefits
-- Higher Interest Rate
Enjoy an annual interest without worrying about risks. Capital is guaranteed so you can focus on accumulation.

-- Lower Minimum Amount Requirement
With a minimum monthly deposit as low as SGD100, whether you are a student or a new young working adult, the Regular current Account enables you to accumulate wealth.

-- More Flexible current Term
The current term is available in the following options: 1 year, 2 years, 3 years or 5 years. Choose from any of the available current terms to meet your financial needs.

-- Habit Cultivation for Regular current
Compulsory monthly current help cultivate the habit by increasing current consciousness. Take the first step in providing greater financial security for your future.

-- Early Termination without Penalty, Capital Guaranteed
In the case of early termination, no penalty charge will be incurred. Interest rates will be calculated on the basis of a normal current account.

-- Convenience with Automatic Fund Deposit
A preset amount will automatically be transferred monthly into the regular current account from your personal current account. You simply have to ensure that there is sufficient balance in your linked personal current account.

-- Manage your Account with Greater Convenience via Internet Banking
The account can be opened and managed via internet banking. With internet banking, you can monitor your account anytime anywhere.

2. Application Process
(1)Eligibility & Requirements 
You must be at least 18 years old to open an account, and you must already have a Personal Current Account with internet banking services activated.

If you do not have a Personal current Account with us, you may apply for one at any of our branches. (Note: Applicant must be present)

Documents required for account opening: 
For Singapore citizens and permanent residents - Singapore NRIC, Passport or other valid identification documents;
For Foreigners – Passport and valid long term visa in Singapore; and any one document for proof of address such as utility bill, bank statement, phone bill, etc.
Initial deposit of SGD500 or equivalent in any other currency is required.

(2)Apply for internet banking services
After opening an account, you may open and activate your internet banking services over the counter.

(3)Open a SGD Regular current Account
Once you have activated your internet banking services, you have the option to either open the SGD Regular current Account over the counter or via internet banking.

*ICBC Singapore Accounts Terms and Conditions apply.

《Regular current Promotion Terms and Conditions》apply. For more details, please click here.

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$ 100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Information as 1st  April 2024.