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.

List of insured deposits
‍The below Deposit account is eligible for deposit insurance coverage under the Deposit Insurance and Policy Owners' Protection Scheme Act (CAP 77B).

‍Savings Account
‍GXS Savings Account

‍MSME Current Account
‍GXS Biz Account

Please refer to the SDIC website here for more information and to download Consumer Guides.