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Only savings, cuerrnt and FD accounts are secured directly and fully by the bank and that provided the bank is reputable and secure. All other products and services that the bank take your money is not secured by the bank. The bank is just like an agent to sell those products or provide a service.If you trust only the bank which many do, just remember above, no matter what the RM tell you. In this way you will never go wrong, at least in Singapore with the local banks. For foreign ones until Dec 2010, when the full govt guarantee for deposits expired.
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(VISITOR) AUTHOR'S NAME
Abed
MESSAGE TIMESTAMP
17 december 2014, 03:52:26
AUTHOR'S IP LOGGED
62.210.78.179
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