Deposit Insurance Scheme

A deposit insurance scheme was launched with effect from 1 April 2006. This scheme protects individuals and charities by insuring their eligible Singapore dollar deposits, for up to S$20,000 net of liabilities, maintained with a scheme member (being branch offices of licensed full banks and finance companies in Singapore unless exempted by the Monetary Authority of Singapore); and is administered by The Singapore Deposit Insurance Corporation (SDIC).

For more information, please visit SDIC website at www.sdic.org.sg.

The Hongkong and Shanghai Banking Corporation Limited is a member of the Deposit Insurance Scheme.

Insured Deposit Register
Please click here to view deposit accounts which are eligible for deposit insurance coverage under the Deposit Insurance Act.