GXS Bank makes savings account available to all eligible individuals, increases deposit cap to $75,000

GXS Bank makes savings account available to all eligible individuals, increases deposit cap to $75,000

The Straits Times - Business·2023-07-19 19:00

SINGAPORE – GXS Bank, the digital lender backed by Grab and Singtel, has opened up its flagship savings account to all eligible individuals in Singapore on a first-come, first-served basis. It also raised the deposit cap to $75,000 per account.

The account was previously by invitation only for Grab and Singtel customers, and each depositor could store up to $5,000.

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