Fixed Deposit Promotion

[TheAnswer]

pirate:

Yah. You apply for the bonds and apply to redeem via ATM. No need to pay for transport or parking to go down to the bank branch.


Unfortunately, you also need a CDP account.

What is a CDP account?

[Sun_2010]

TheAnswer:

pirate:

Yah. You apply for the bonds and apply to redeem via ATM. No need to pay for transport or parking to go down to the bank branch.


Unfortunately, you also need a CDP account.

What is a CDP account?

Central Depository Account. You need one to buy and to sell stocks in Singapore stock exchange
I guess you should already have one?
https://www1.cdp.sgx.com/sgx-cdp-web/login

[TheAnswer]

Nope. We dun buy n sell stocks. We do other investments.

[leyingamanda]

May I know what investments you do? Can share?

TheAnswer:

Nope. We dun buy n sell stocks. We do other investments.

[leyingamanda]

May I know what investments you do? Can share?

TheAnswer:

Nope. We dun buy n sell stocks. We do other investments.

[TheAnswer]

leyingamanda:

May I know what investments you do? Can share?

TheAnswer:

Nope. We dun buy n sell stocks. We do other investments.

Corporate bonds.

[Juz Mum]

duplicate post

[Juz Mum]

Hi there,

Anyone has any sharing or opinion on ICBC? Is it 'safe' to place FD?
They are having this promo now \"ICBC Bank offers 1.25% to 1.30% p.a. 12-mth fixed deposits\".
thank you

[Juz Mum]

And what about CIMB? Is it more reliable or ICBC? Any sharing please.


CIMB current promo:
S$20,000 and above
6M @1.20
12M @ 1.25

[Kiatkhim]

ICBC is the largest bank in the world in terms of total assets and one of the biggest 4 state owned bank in China. I believe it should be rather reliable.