View Poll Results: Do you think that your deposits in the banks in Singapore are safe?

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  • Yes

    25 60.98%
  • No

    3 7.32%
  • Unsure

    13 31.71%
Results 1 to 17 of 17

Thread: Do you think that your deposits in the banks in Singapore are safe?

  1. #1

    Default Do you think that your deposits in the banks in Singapore are safe?

    As per title.

  2. #2
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    yes. its relatively, positively safe...


    ....as long as *** still in power. hehehe
    otherwise...will have to reassess first.
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  3. #3
    Senior Member Virgo's Avatar
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Yes, provided it's no more than 20K.
    Kind Regards
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  4. #4
    Senior Member Sion's Avatar
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Could be as safe as putting it in a biscuit tin under the bed.

    Even flood comes tin will float.

  5. #5

    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    How come no option for "no difference" whichever way.

    Safe from others doesn't means safe from yourself.
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  6. #6
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Quote Originally Posted by Sion View Post
    Could be as safe as putting it in a biscuit tin under the bed.

    Even flood comes tin will float.
    that reminds me... have to swich to new polymer notes- waterproof!!

  7. #7

    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    safer than a lot of other places, anyways..

  8. #8
    Senior Member
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Come come open a bank account with me in nigeria, i have access to the royality bank account and i will register your name to the account then you can draw out double the amount in no time

  9. #9

    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    think money in DBS/POSB should be safer? yes.. no.. ??

  10. #10
    Member Parka's Avatar
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Let's just say that there are more things to worry about when the banks go down in Singapore.

  11. #11
    Senior Member
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    [Do you think that your deposits in the banks in Singapore are safe?]

    Question may be wrong if you meant the local banks (banks of local origin) such as DBS-POSB/UOB/OCBC.

    "banks in Singapore " can mean any of the numerous ones found in the Yellow Pages. Look under "Bank".

  12. #12

    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Quote Originally Posted by Virgo View Post
    Yes, provided it's no more than 20K.
    Yes, concur with this. Check out the local deposit insurance that everyone's protected against.

  13. #13

    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Does it matter? Chaos is about to begin......and the vultures will be looking for the companies going down. The rich get richer and no lessons are learnt from this crisis. Anyway Spore has got good gold reserves so should be in a better position than many other countries and not have to print money out of thin air (like the US)
    Running for conservation and ACRES. Donate at http://www.acres.org.sg/donate.html

  14. #14
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    bailout is the new buzzword. will use that when need MP help!!

    that word should be on the tip of every bankrupt's tongue!!
    Last edited by sORe-EyEz; 14th October 2008 at 09:06 PM.

  15. #15

    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Quote Originally Posted by ricohflex View Post
    [Do you think that your deposits in the banks in Singapore are safe?]

    Question may be wrong if you meant the local banks (banks of local origin) such as DBS-POSB/UOB/OCBC.

    "banks in Singapore " can mean any of the numerous ones found in the Yellow Pages. Look under "Bank".
    My question is valid regardless of the origin of the banks as long as the banks are licensed and approved by MAS.

  16. #16

    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    MAS finally announced that the deposits are guaranteed.

    http://www.mas.gov.sg/news_room/pres...Statement.html

  17. #17
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    Default Re: Do you think that your deposits in the banks in Singapore are safe?

    Quote Originally Posted by USM View Post
    MAS finally announced that the deposits are guaranteed.

    http://www.mas.gov.sg/news_room/pres...Statement.html
    often 1 step behind HK. lol.

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