1. Commission-in-lieu of exchange is applicable when there is no foreign exchange involved.
2. For non-account holder, payment in foreign currency is subject to Bank's approval.
3. Withdrawal of SGD or Foreign Currency Fixed Deposit by means of outward remittance (Banker's Cheque, Demand Draft or Telegraphic Transfer) is subject to the fee structure as stipulated in the respective sections.
Earnings on foreign currency deposits are dependent on the exchange rates prevalent at the time of maturity or withdrawal, as the case may be; and that adverse exchange rate movements could erase interest earnings completely and reduce the principal amount.
Unless otherwise stipulated, all out of pocket expenses including cost of postage, telecommunication, transportation, correspondences, goods & services tax or agent's charges are for customers' account. Agents' interest will be collected from date of purchase to approximate date of payment.