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.
For more information, you may refer to SDIC's consumer guide here.
The following are deposit accounts which are eligible for deposit insurance coverage under the Deposit Insurance and Policy Owners’ Protection Schemes Act. Any Singapore dollar deposit in this list held by an individual or a non-bank corporation will be insured up to the limits specified in the Act.
Name of Insured Deposit
Mari Savings Account
Mari Business Account
Basic Corporate Account (SGD)
The information provided herein is accurate as of 6 Dec 2024.