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With effect from 1 Apr 2006, United Overseas Bank Limited (UOB) is a participating bank of the Deposit Insurance Scheme ("Scheme").
This page applies to all individual and non-individual UOB accounts / products that are covered under the Deposit Insurance Scheme.
The Deposit Insurance (DI) Scheme protects insured deposits held with a full bank or finance company. Insured depositors will be compensated up to a maximum of S$100,000 in the event a DI Scheme member fails.
The DI Scheme is administered by Singapore Deposit Insurance Corporation Limited (SDIC).
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law.
Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$100,000 for each depositor per Scheme member.
Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Please refer to Singapore Deposit Insurance Corporation Limited for more information and to download Consumer Guides.
Above list of insured deposits are updated as of 27/11/2023
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