When is the income transferred to the balance?
A month later from the moment of investment Monthly income on the deposit is transferred to the balance if reinvestment is turned off.
Or the income is reinvested in a new deposit if the reinvestment switch is on.
Monthly income less than 50 SWCT or 12.5 SGCT cannot be automatically reinvested into a new deposit.
Updated on: 10/10/2024
Thank you!