Why did I receive a notification regarding my deposits reaching S$100,000?

We want to remind you that your deposits (i.e Mari Savings Account, Fixed Deposits and Mari Business Account) are insured (both principal and interest) up to S$100,000 in aggregate per depositor by Singapore Deposit Insurance Corporation (SDIC) in Singapore.

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.

For more information about how your deposits are being protected, refer here.

For more information about SDIC, refer to SDIC website here.

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