Is my money safe with MariBank?

Yes, your money is safe with us!

MariBank is regulated by Monetary Authority of Singapore (MAS) under the Digital Full Bank License and is also a Deposit Insurance (DI) Scheme member.

This means that your SGD deposits are insured (both principal and interest) up to S$100,000 in aggregate per depositor by Singapore Deposit Insurance Corporation (SDIC) in Singapore. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Note: This means that your USD deposits are not insured by SDIC. USD deposit features are currently available by invitation only. If you have not received an invitation to enable USD deposits for your MariBank account, you will not be able to receive any incoming USD transfers.

Please refer to MariBank Insured Deposit Register for a list of MariBank account(s) that are covered under the scheme.

For more information about SDIC, please refer here.