With falling rates of interest, are you questioning which financial institution presents the very best fastened deposit in October 2024? The cutoff yield for 6-Month Singapore Treasury Payments (T Payments) BS24119S is simply 2.97% each year. Is there any fastened deposit that may beat 2.97% each year? The place is the very best place to park your cash? Fastened deposits are a kind of financial savings account supplied by banks and monetary establishments the place a sum of cash is deposited for a set time period at a set rate of interest. The length of a set deposit can vary from a couple of months to a number of years. The rate of interest is normally greater than a daily financial savings account, making it a gorgeous choice for these seeking to earn a assured return on their financial savings.
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