https://www.sdic.org.sg/di_calc_of_comp.php
In the event a DI Scheme member fails, all insured deposits placed with that member, except for deposits under the CPF Investment Scheme and CPF Minimum Sum Scheme, are aggregated and insured up to S$50,000. If you are a sole proprietor, your personal eligible accounts will be aggregated with the eligible accounts of your sole proprietorship(s). Trust and client accounts held by non-bank depositors are insured up to S$50,000 per account, without aggregation.
Deposits are not insured separately in each branch office of a DI Scheme member i.e. all your eligible accounts maintained with different branches of a DI Scheme member are aggregated and insured up to S$50,000.
Moneys and deposits under the CPF Investment Scheme (CPFIS) and CPF Minimum Sum Scheme (CPFMS) are aggregated and separately insured up to S$50,000.
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In summary, it is 50k per bank per name.
Example:
If ......
