Sunday, April 14, 2024
HomesingaporeMAS to increase insurance coverage on bank deposits to S$100,000 per customer...

MAS to increase insurance coverage on bank deposits to S$100,000 per customer from April 2024

SINGAPORE — Insurance coverage on bank deposits will be raised from SS$75,000 to S$100,000 per customer from April 1, 2024, the Monetary Authority of Singapore (MAS) said on Friday (Sept 22).

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