Wednesday, 19 June 2013

Bank of China Fixed Deposit - 1.15% 12 months for $50,000

Bank of China has launched a Fixed Deposit promotion from 19th June.  This new FD is now slightly better than ICICI/CIMB/Maybank's FD which offer 1.10%.  The minimum deposit amount for BOC FD is S$50,000.

This promotion is valid for customers with fresh funds only, meaning it is not applicable for money transferred from existing BOC accounts.

There are few branches of BOC in Singapore:
1. Battery Road (BOC Building),
2. Chinatown branch (Furama Hotel),
3. Katong branch (188-192 East Coast Road),
4. Middle Road (BOC Plaza),
5. Maxwell Road (Maxwell House).

According to BOC's website, this promotion is for a limited period only.

Promotion Details:

 SGD Time Deposits Promotional Interest Rates % p.a.
S$50,000 and above0.55%0.85%0.95%1.15%

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