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Current Account

Current Account SGD FCY
Minimum Initial Deposit SGD8,000 AUD1,000 / CAD1,000 / CNH15,000 / GBP1,000 / HKD5,000 / NZD1,000 / USD1,000
Monthly Account Balance Fall Below Fee
(if monthly average balance falls below Minimum Initial Deposit)
SGD35 AUD10 / CAD10 / CNH50 / GBP5 / HKD50 / NZD10 / USD10
Monthly Service Charge NIL EUR
EUR75 per month
- if monthly average balances of more than EUR25,000

CHF
CHF180 per month
- if monthly average balances of more than CHF25,000

JPY
JPY5,000 per month
- if monthly average balances of more than JPY3,000,000
Early Account Closure Fee
(for accounts closed within 6 months of opening) 
SGD40 AUD35 / CAD35 / CHF25 / CNH100 / EUR25 / GBP20 / HKD250 / JPY3,500 / NZD35 / USD35
Cheque Books Free cheque book Free cheque book for USD account

Note : Terms and conditions apply. Deposits are insured up to S$75,000 by SDIC. For full disclosure statement, please refer to table.

Interest Bearing Conventional Current Account

Interest Bearing Conventional Current Account SGD (BusinessGo Account) USD (Interest Plus Current Account)
Minimum Initial Deposit SGD30,000 NIL
Monthly Account Balance Fall Below Fee SGD88
(if monthly average balance falls below SGD30,000)
NA
Cheque Books First cheque book fee waived

Subsequent cheque book requested will be charged at SGD25 per book
First 2 cheque books fee waived

Subsequent cheque book requested will be charged at SGD25 per book
Interest Rates (p.a.)*

Account Balance:
First SGD 30,000 - Nil
Next SGD 970,000 - 0.12%
Next SGD 500,000 - 0.25%

Next SGD 500,000 - 0.58%
Above - 0.15%

Account Balance:
USD0 - USD500,000 – 0.00%
Above USD 500,000 – 0.05%

Note :
*Interest rates are subject to change without prior notice.
Terms and conditions apply. Deposits are insured up to S$75,000 by SDIC. For full disclosure statement, please refer to table.

Business Plus Current Account-i

Business Plus Current Account-i SGD
Minimum Initial Deposit SGD3,000
Monthly Account Balance Fall Below Fee SGD20
(if balance falls below SGD3,000 at any time of the month)
Cheque Books First 2 cheque books fee waived

Subsequent cheque book requested will be charged at SGD25 per book
Rates

Account Balance:
Up to SGD 500,000 - Nil

Above SGD 500,000 - SGD 2,000,000 - 0.15%

Above SGD 2,000,000 - 0.3%

Note :
*Rates are subject to change without prior notice.
^In-house transfers are not eligible.
Terms and conditions apply. Deposits are insured up to S$75,000 by SDIC. For full disclosure statement, please refer to table.

Fixed Deposit Account

Fixed Deposit Account SGD FCY
Minimum Initial Deposit SGD10,000 AUD10,000 / CAD10,000 / CNH10,000 / HKD10,000 / GBP10,000 / NZD10,000 / USD10,000
For a Tenor of 1 to 6 Days SGD5,000,000 USD1,000,000 or equivalent
For a Tenor of 7 Days to Less than a Month SGD1,000,000 USD250,000 or equivalent

Note :
(1) Premature withdrawal of SGD and Foreign Currency time deposit is subject to the Bank’s Terms and Conditions Governing Accounts. You may earn less or no Interest if the deposit is withdrawn before it matures. A penalty may also be imposed.

 

(2) Commission-in-lieu of exchange is applicable when there is no foreign exchange involved. 
Terms and conditions apply. Deposits are insured up to S$75,000 by SDIC. For full disclosure statement, please refer to table.

Fixed Deposit-i

Fixed Deposit-i SGD FCY
Minimum Initial Deposit SGD50,000 USD50,000 / CNH50,000

Note :
Premature withdrawal of SGD and Foreign Currency Fixed Deposit-i is subject to the Bank’s Terms and Conditions Governing the Operations of Deposit Account. You may earn less or no profit if the deposit is withdrawn before it matures.
Terms and conditions apply. Deposits are insured up to S$75,000 by SDIC. For full disclosure statement, please refer to table.

 

Other Applicable Fees

Other Applicable Fees SGD FCY
Excess Limit Fee
(incidental overdraft charge for accounts without credit limits) 
(SGD Prime Rate + 5%) or min. SGD20, whichever is higher For accounts without credit limits:
Min. USD10 / AUD10 / EUR7.5 / GBP5 / JPY1,000 + Interest at (USD / AUD / EUR / GBP / JPY Prime Rate + 5%) on amount overdrawn

For accounts with credit limits:
Interest at (USD / AUD / EUR / GBP / JPY Prime Rate + 5%) on amount overdrawn (Subject to a min. of USD10 / AUD10 / EUR7.5 / GBP5 / JPY1,000)
Deposit in foreign currency notes
(subject to availability)
  Refer to Foreign Currency Bank Notes Price List
Withdrawal in foreign currency notes
(subject to availability)
  Refer to Foreign Currency Bank Notes Price List
Account Setup Fee for Personal Investment Companies (PIC) and Foreign Incorporated Companies (exclude Malaysia) SGD1,000 SGD1,000 or equivalent

Note : Commission-in-lieu of exchange is applicable when there is no foreign exchange involved.

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.