1 These interest rates are effective from 1 July 2020 to 30 September 2020 and apply to individual depositors only. There will be no passbook given for an iSavings Account. HL Bank reserves the right to change, vary or revise these interest rates from time to time in its own absolute discretion.
Deposit Insurance Scheme ("DI 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.