Savings Account Singapore

Daily Interest

Woman collecting coin in a jar depicting Savings Account offered by Citibank IPB Singapore

As a global citizen, we understand that you may need more than what your local bank can offer. Opening a Savings Account is a good way to avoid unfavourable economic risks such as currency devaluation, high inflation, poor exchange rates etc. As one of the major financial hubs of the world, Singapore presents favourable opportunities for international wealth management. Citi IPB Singapore offers Savings Accounts with the choice to save in various currencies.

Besides competitive interest rates, you can enjoy benefits such as round-the-clock banking, worldwide ATM access, instant money transfer and much more. Whether you are an expat, a businessperson who earns foreign income, or an individual looking for alternative overseas investment options, having a Savings Account in your preferred currency is ideal for you. Open a Savings Account in Singapore to protect and enhance your wealth overseas with peace of mind.



Why deposit in a Savings Account?

  • Wide choice of currencies: AED, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD and USD
  • Instant fund transfers via Citibank Global Transfer (CGT)
  • 24-Hour CitiPhone Banking and Online Banking services
  • Free Citibank ATM / Debit card with your Savings Account that gives you access to instant cash at Citibank ATMs worldwide

*Citibank ATM card is not available for company accounts


Features of Savings Account

Flexible placements and renewals

For your convenience, you can:

  • Deposit cash in SGD, USD, AUD, HKD and JPY at our branches
  • Deposit Travelers' Checks, Checks or Drafts at our branches or mail us the Checks/Drafts at our mailing address
  • Remit funds via telegraphic transfer or Citibank Global Transfer (CGT)
  • 24-Hour Online Banking
How to Apply

How to Open a Savings Account?

Click on    to expand and on    to minimise the details.

  • Simply complete the form and we will be in touch with you shortly
  • If you have further enquiry, click here to drop us a note
  • Simply contact your Relationship Manager or our 24-hour CitiPhone Banking at +65 6224 5757+65 6224 5757.
  • If you have further enquiry, click here to drop us a note
  • Your first trade is free with Citibank Brokerage.
  • Citi Mobile.

Important Notes

Foreign Currency Time Deposits

Foreign currency investments are subject to rate fluctuations, which may provide both opportunities and risks. You may experience a loss when you convert foreign currency back to your home currency. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency investment is suitable for you in the light of your investment objectives, your financial means and your risk profile. Foreign currency investments are not insured by the Federal Deposit Insurance Corporation.

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Citibank full disclaimers, terms and conditions apply to individual products and banking services.