Enhance your company's liquidity and yield with Hong Leong Finance Business Fixed Deposits which offers you very competitive deposit rates over a wide range of tenures.
You can start earning attractive interest rates on your deposits with our Business Fixed Deposit and let your company's funds work harder for you. Whether you need a short-term deposit or a longer investment, we offer flexible tenures to suit your business needs.
You can enjoy the convenience and security with our fixed term deposits. Our Business Fixed Deposit Account is catered for businesses and corporations, be it a small enterprise or a large corporation, we offer you the best solution to grow your company's business funds. Your company will benefit from the ease of managing your finances while earning higher returns on your fixed deposits.
Opening an account is quick and easy. All you need is a minimum deposit of just S$500. Our competitive interest rates are designed to help you earn higher earnings and get best possible returns. We are committed in providing accessible solutions that benefit all businesses.
Find out the benefits of our Business Fixed Deposits today. We will help you enhance your company's liquidity and gain high yield with our attractive interest rates.
Features
Attractive interest rates
Gain higher earnings
Flexible tenures
Choose from 1 week to 36 months tenures to suit your needs
S$500 minimum deposit
Get started with a smaller deposit for 3 months and longer period
Details
Minimum deposits for the different tenures are:
- S$500 for 3 months and longer
- S$10,000 for 1 or 2 months
An insured deposit under the Deposit Insurance Scheme. Insured up to S$100K by SDIC.
Terms and Conditions governing deposit accounts.
Rules and Regulations applicable to Fixed Deposits placed prior to 20 Sep 2021.
Documents required for opening of Fixed Deposit Account are:
- Duly signed Application Form, Account Operating Mandate, FATCA, CRS and Authority & Indemnity Forms
- A copy of the ACRA Registration
- Director’s Resolution with Specimen Signatories (Sample)
- Certified true copy of Signatories’ NRIC
- Certified true copy of Memorandum & Articles of Association
- Letter of Instruction for Opening & Placement of Funds for the Fixed Deposit Account
- Duly signed Application Form, Account Operating Mandate, FATCA, CRS and Authority & Indemnity Forms
- Certified true copy of the Charitable Incorporation Status
- Certified true copy of the Minutes of Meeting [to open a FD a/c with Hong Leong Finance & operation of account]
- Certified true copy of Constitution or By Law
- Mandate of Fixed Deposit Account Operation with Authorized Names, NRIC and Specimen Signatures
- Certified true copy of Signatories’ NRIC
- Letter of Instruction for Opening & Placement of Funds for the Fixed Deposit Account
- Duly signed Application Form, Account Operating Mandate, FATCA, CRS and Authority & Indemnity Forms
- Certified true copy of Land Title Deed Constitution.
- Certified true copy of Minutes of Meeting [on the opening of Fixed Deposit Account with Hong Leong Finance and its operation]
- Mandate of Fixed Deposit Account Operation with Authorized Names, NRIC and Specimen Signatures
- Certified true copy of Signatories’ NRIC
- Letter of Instruction for Opening & Placement of Funds for the Fixed Deposit Account
Note: The above is subject to changes and additional documentation may be required depending on the structure of the organisation.
Eligibility
- Singapore-registered entity
- MCSTs, Town Councils, Charities and Non-Profit Organisations
Business Current Account for ease of cash flow management is also available.
