Savings

Bank Account

Asked by Lucas Neo

Updated on 18 Apr 2019

Does anyone know for POSB SAVE AS YOU EARN/SERVE (SAYE/SAYS) account, do I need to credit my Salary to the account directly or I can just do a deposit from my own account to receive the special interest?

Regarding to POSB SAVE AS YOU EARN/SERVE (SAYE/SAYS) account.

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 6. Master
Answered on 14 Mar 2019

Hey there. Had enquired on this before with bank staff and I was informed the bank code for the crediting has to be SAL or something equivalent. Can't take in normal transfers to be eligible for the extra interest

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