Disclaimer

This link brings you to a 3rd Party Website, over which Standard Chartered Bank Malaysia Berhad has no control ("3rd Party Website"). Use of the 3rd Party Website will be entirely at your own risk, and subject to the terms of the 3rd Party Website, including those relating to confidentiality, data privacy and security.

Standard Chartered Bank Malaysia Berhad makes no warranties, representations or undertakings about and does not endorse, recommend or approve the contents of the 3rd Party Website.

In addition to the terms stated in Standard Chartered Bank Malaysia Berhad's Important Legal Notices, Standard Chartered Bank Malaysia Berhad shall have no responsibility or liability in connection with the content of or the consequences of accessing the 3rd Party Website, including any virus arising from or system failure associated with the 3rd Party Website.

Proceed to third party website

Weathering through storms together with you.

Assisting SMEs through it all by extending our support to you via SME Assist

Weathering through storms together with you.

Assisting SMEs through it all

We understand how tough it can be for businesses during these trying times. To support your business, we are extending our help to you so that you can focus on what matters most, sustaining your business.

This is our way of supporting your business through tough times

Whatever business you are in, we have solutions that help ease your burden and get your business back on track.

Cash flow booster

    • In recent times, you may need access to extra cash for your business to improve your cash flow. We offer Business Instalment Loan that is collateral free, fast and convenient. We are also now waiving the 1% structuring fees so you can enjoy the extra boost to your cash flow.

    • With global markets and conditions being more volatile now, our vast global network is available to support your business dealings worldwide and you can improve your cash flow with waivers of:
      • Issuance fees for Letter of Credit (LC)
      • Export handling fees
      • Structuring fees on Trade Facilities

Operations optimiser

    • We know time is of the essence to get your business back on track. Let Straight2Bank help you manage your business operations on the go from automated payroll to making payments online. To support your business further, we are now waiving the setup and monthly maintenance fees too so you can enjoy more savings for your business.

Mortgage assistance

    • There could be opportunities to acquire a new business property or simply to refinance your existing one. With our commercial property loan, we can offer high quantum of financing with flexible repayments so that you can maximise your cash flow or even use this to secure additional working capital.

    • We are also now extending extra protection for commercial properties financed under us through Allianz Smart Retail Shield that provides:
      • Inconvenience Relief Benefit (IRB) extension to the Commercial Fire coverage which provides relief due to closure of your business premises by order of public authorities in the event your employee is infected with a notifiable disease such as COVID-19 while working in the business premises; and
      • The IRB extension also pays up to RM2,000 per day and up to a maximum of 180 days for the duration of work required to repair losses or damage to the insured building.

Risk mitigator

    • We understand risks of currency, interest rate and commodity market fluctuations are harder to predict right now. We can help mitigate that risk and protect your business through Forex
      Hedging. To assist you further, a one-time legal setup fees for FX Forward Limits will be waived upon approval of the loan applied.

    • In your line of business, we know foreign exchange rates can make or break your business profits. To help you mitigate risk across the globe impacted by the pandemic, we offer preferential FX quotations for over 100 currency pairs.

Package Name: SME Assist
Campaign Duration: 14 July 2020 to 30 June 2021

  

Offerings

1. Waiver of 1% structuring fees for Business Instalment Loan
2. Waiver on issuance fees for Letter of Credit (LC)
3. Waiver of one-time legal setup fees for FX Forward Limits (excluding Stamp Duty)
4. Waiver of structuring fees on Trade Facilities
5. Waiver of export handling fees
6. Go-Digital: Waiver of setup and monthly maintenance fees for Standard Chartered Straight2Bank
7. Preferential FX rates
8. Allianz Smart Retail Shield

   

 

Disclaimer

The information provided on this page is not a contract of insurance. The descriptions of cover are a brief summary for quick and easy reference. The precise terms and conditions that apply are in the policy document. Being the underwriter, Allianz General Insurance Company (Malaysia) Berhad is fully responsible for the products and benefits offered by them, as well as any representations made. Standard Chartered Bank Malaysia Berhad (“the Bank”) is a distributor only. The Bank accepts no responsibility or liability for the plan or the products and services offered by Allianz General Insurance Company (Malaysia) Berhad.

   

Terms and Conditions

1. The Standard Chartered Bank Malaysia Berhad (“SCBMB”) SME Assist 2020 (“Package”) commences from 14 July 2020 to 30 June 2021, both dates inclusive.
2. Client can choose any product they wish to take up independently (can be more than one offer) as below:
i. Eligible for waiver of 1% structuring fees for Business Instalment Loan upon approval of the loan applied.
ii. Eligible for waiver of Letter of Credit issuance fees upon approval of the loan applied.
iii. Eligible for waiver of one-time legal setup fees for FX Forward Limits upon approval of the loan applied.
iv. Eligible for waiver of structuring fees on Trade Facilities upon approval of the loan applied.
v. Eligible for waiver of 0.1% export handling fees upon approval of the loan applied.
vi. Eligible for waiver of setup and monthly maintenance fees for every successful Standard Chartered Straight2Bank’s sign up.
vii. Our Relationship Manager will refer interested client to an experienced team of Foreign Exchange experts to help you manage your business with the right advice and risk management by offering the right
strategy and solutions.
viii. Our Relationship Manager will refer interested client to an Insurance Specialist to find out more about our comprehensive range of insurance plans.
3. This Package terms must be read with the respective product terms and the relevant banking agreements.