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FDs provide higher interest rates than just other investments for sale in Singapore and are insured facing default. But not, it is very important just remember that , FDs have specific risks and want the absolute minimum put matter. Therefore, it is important to seek information and see the words and you will standards of the repaired put account before investing an enthusiastic investment. A predetermined put account (FD) is actually a free account having a predetermined interest rate used because of the lender where membership try kept.
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