PRIORITY BANKING SERVICES AND PRIVILEGES
TERMS AND CONDITIONS
In these terms and conditions, “you” refers to you, your
joint account holder or your authorized person who are Priority Banking
customers of Standard Chartered Group. The additional services we provide to
you as a Priority Banking customer are governed by these terms and
You will need to meet our eligibility criteria to become a
Priority Banking customer. Your admission to Priority Banking membership
is at our discretion. We may end your Priority Banking membership at any
time and will notify you.
Your Priority Banking membership will be valid for one
year from the date you become a Priority Banking member. The renewal of
your Priority Banking membership for each following year is subject to
you fulfilling the eligibility criteria and is at our discretion.
You may end your Priority Banking membership by giving us
Eligibility criteria for
Priority Banking To enjoy the exclusivity Priority Banking membership and
all the benefits and privileges that come with it, simply maintain a minimum
of IDR500,000,000 in deposits and/or investments.
3 Fees and
We may charge you fees for providing you with Priority
Banking services. The fees are set out in the Priority Banking tariff
sheet and may change form time to time. You can request for a copy of
the Priority Banking tariff sheet or the specific charges for a
particular Priority Banking service by contacting you Relationship
Manager, via phone banking, visiting our branches or from the Standard
Chartered Bank website in your country.
As a Priority Banking customer, you must meet our
eligibility criteria. If you fail to meet our leligibility criteria, you
may impose a fee and will deduct the fee from you.
4 Information we
You consent to each member of the Standard
Chartered Group, its officers, employees, agents and advisers disclosing
information relating to you (including details of the accounts, products
or any security) to our head office and any other member of the Standard
Chartered Group in any jurisdiction and anyone we consider necessary in
order to provide you with Priority Banking services.
5. Priority Banking
Priority Banking services may not be available in
all countries and are subject to local regulations. We may vary or
withdraw the service at anytime. You can find out the current services
available to you by contacting your Relationship Manager, via phone
banking, visiting our branches or from Standard Chartered Bank website
in your country.
5.1 Global Recognition
The Global recognition service is not available in all
The Global recognition service is subject to you notifying
us in writing of the details of the accounts you hold with us in each
Preferential foreign currency exchange Preferential currency exchange rates
are only available in countries where we offer preferential foreign exchange
rates for local Priority Banking customers.
Pre-arrival account opening You must provide us with all documents necessary
for opening the account overseas and re-arrival account opening is subject
to the regulations of the country in which you wish to open an account.
The Global Link service is provided subject to the terms in the
Global Link Guidelines. These guidelines are available when you access
Standard Chartered Bank Online Banking.
Free international fund transfers
We will waive upfront handling commission
and cable charges. However, you will still need to pay the fees imposed by
other banks and any other charges.
The Emergency Cash Service is provided to you subject to the Emergency Cash Services Terms and Conditions
Service provided by third parties From time to time we may introduce you to
other Priority Banking privileges and service provided by third parties. Any
services provided by third parties are subject to their terms and conditions
and we will not be liable for any loss you incur in connection with such