Government Civil Servant Saving Account S4
Are you a Government Civil Servant?
To assist you with you everyday savings needs, we’ve prepared a special account just for you.
- A highly competitive interest rate
- No maintenance fees
- Funds available on demand
- Withholding tax charged on interest is 10%
1.25% pa1
interest rate
| Government Civil Servant Saving Account S4 | |
|---|---|
| Features | |
| Minimum balance | $10 |
| Service fee | $2 per monthly |
| Maintenance fees | $5 per quarter |
| Over the counter withdraw fee | $2 |
| Number of free withdrawals | 2 per month |
| Dormancy fee | $3.00 monthly charge when account inactive over 1 year until account becomes nil balance or become active again. |
| Minimum deposit | Nil, no more account is to be open for this product |
| Minimum withdrawal | $10 |
| Withdrawal fees | $2 |
| Automatic deductions | Nil |
| Interest Income | Calculated monthly, paid annually |
Automatic deduction from savings accounts
- Customer can authorise automatic deductions from saving accounts for TDB loan account.
- No fee charged when insufficient funds in account to make the payments.
- Must always ensure that there is sufficient fund in the Savings Pass Book and Accounts.
1. No interest on balances below $100.00