 Service Charge |
Monthly charges if average daily balance for
the month falls below a minimum balance:
| FCY |
Minimum
Balance |
Monthly
Charge |
| USD |
2,000 |
10 |
| GBP |
1,000 |
5 |
| JPY |
300,000 |
1,000 |
| AUD |
3,000 |
10 |
| EUR |
3,000 |
10 |
| CAD |
3,000 |
10 |
| NZD |
3,000 |
10 |
| CHF |
3,000 |
10 |
| HKD |
10,000 |
50 |
|
Minimum Charge on Incidental
Overdraft
(AC without overdraft facility) |
USD Prime (5.25%) + TOD Rate (5% p.a.)
payable on overdrawn amount OR minimum USD10, whichever is the higher
|
| Cheque Book |
Personal / Corporate Current AC:
US$6 per cheque book (50 leaves)
|
Request for AC Statement
(via Counter) |
1 year or less:
US$15 (or equiv) per statement month
1- 3 years:
US$25 (or equiv) per statement month
beyond 3 years:
US$40 (or equiv) per statement month
|
| Request for Ad hoc Loan Statement |
US$15 (or equiv) per statement |
| Returned / Dishonoured Cheques |
Returned cheque charges (fees will be charged
based on the respective currencies):
| FCY |
Insufficient
Fund |
Technical |
| USD |
30 |
10 |
|
| Stopped Payment Instruction |
Stopped payment cheque charges (fees will be
charged based on the respective currencies):
|
Foreign Cheque Deposits
• Drawn on banks outside Singapore
• Drawn on banks in Singapore
(via CTS System) |
1/8% commission, minimum S$20, maximum
S$100 (equivalent) + postage + agent fee, if any.
Commission-in-lieu of exchange 1/8% minimum
S$50
Free
|
| Foreign Currency Note Deposits |
If deposit is in a currency different from the FCY
notes deposited, the notes will be converted to
S$ equiv. and then reconverted to FCY funds at
prevailing exchange rates
(subject to availability).
If deposit is in same currency as the FCY notes
deposited, CILE is as follows:
| FCY |
Commission |
| USD |
1% |
| GBP |
1.5% |
| JPY |
1.5% |
| AUD |
1.5% |
| EUR |
1.5% |
| CAD |
1.5% |
| NZD |
1.5% |
| Others |
1.5% |
|
Inward Funds Payment
(Telegraphic Transfer)
• Credit into ACU Current Account
• Credit to Fixed Deposits AC |
| FCY |
Service
Charge |
| USD |
5 |
| GBP |
3 |
| JPY |
500 |
| AUD |
5 |
| EUR |
5 |
| CAD |
5 |
| NZD |
5 |
| CHF |
5 |
| HKD |
25 |
No Charge
|
Withdrawals
• Transfer to Local Currency AC |
To own AC:
Free
To third party AC:
1/8% commission, minimum S$20, maximum
S$100
|
Withdrawals
• Cheques issued and are presented to us
for payment from overseas |
1/8% comm. minimum S$20 except there is
no maximum commission to be charged.
|
Withdrawals
• Foreign Currency (FCY) notes |
If withdrawal is in a currency different from the
FCY notes deposited, the notes will be converted
to S$ equivalent and then reconverted to FCY
funds at prevailing exchange rates (subject to
availability).
If withdrawal is in same currency as the FCY
notes deposited, CILE is as follows:
| FCY |
Commission |
| USD |
1% |
| GBP |
1.5% |
| JPY |
1.5% |
| AUD |
1.5% |
| EUR |
1.5% |
| CAD |
1.5% |
| NZD |
1.5% |
| Others |
1.5% |
|
| |
|
| Minimum Initial Deposit / Early Ac Closure |
| FCY |
Minimum
Initial Deposit |
Early AC
Closure |
| USD |
2,000 |
30 |
| GBP |
1,000 |
20 |
| AUD |
3,000 |
30 |
| EUR |
3,000 |
30 |
| NZD |
3,000 |
30 |
|
| Minimum Monthly Balance & Service Charge |
Monthly charges if average daily balance for
the month falls below a minimum balance:
| FCY |
Minimum
Balance |
Monthly
Charge |
| USD |
2,000 |
15 |
| GBP |
1,000 |
10 |
| AUD |
3,000 |
15 |
| EUR |
3,000 |
15 |
| NZD |
3,000 |
15 |
|
Inward Funds Payment
(Telegraphic Transfer)
• Credit into ACU Current Account |
| FCY |
Service
Charge |
| USD |
5 |
| GBP |
3 |
| JPY |
500 |
| AUD |
5 |
| EUR |
5 |
| CAD |
5 |
| NZD |
5 |
| CHF |
5 |
| HKD |
25 |
|
|
Foreign Currency Current Accounts