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Deposits

TYPES OF ACCOUNTS

  1. Savings Bank Account
  2. Current Account
  3. Fixed Deposits
  4. Call Deposits




I. Savings Bank Account
SL.NO. CURRENCY MINIMUM BALANCE
1 SINGAPORE DOLLAR(SGD) 200.00

Savings Bank Interest Rate is 0.1%

II. Current Account(with cheque facility)
SL.NO. CURRENCY MINIMUM BALANCE
Individual  Firms & Companies
1 SINGAPORE DOLLAR(SGD) SGD2,000.00 SGD5,000.00
2 UNITED STATES DOLLAR(USD) USD1,000.00 USD1,000.00
3 ALL OTHER MAJOR CURRENCIES 1,000.00 1,000.00

Singapore Dollar (SGD) Prime Lending Rate is 6.00%

United States Dollar (USD) Prime Lending Rate is 7.5%

III. Fixed Deposits
SL.NO. CURRENCY MINIMUM BALANCE
1 SINGAPORE DOLLAR(SGD) 1,000.00
2 UNITED STATES DOLLAR(USD) 1,000.00
3 ALL OTHER MAJOR CURRENCIES 1,000.00



IV. Call Deposits
SL.NO. CURRENCY MINIMUM BALANCE
1 UNITED STATES DOLLAR(USD) 50,000.00
2 OTHER CURRENCIES EQ USD 50,000.00



Note: Please take up with the department for the revised commission / service charges details.



For more Details please Contact

Main Office
Joint Manager: Mr.Baldev Singh
Phone: (65) 65324014 (DID)
Fax: (65) 6532 4851
Email: retail@ucobank.com.sg

Serangoon Branch
Senior Manager: Mr Amol Mandare
Phone: (65) 6297 9841 (DID)
Fax: (65) 6297 9840
Email: ucosera@singnet.com.sg



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