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Standard Chartered offers a wide range of cash management and deposit products that give you added value and benefits

Deposit Interest Rates

Savings Account

Basic Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All balances 0.25

Interest is calculated daily and paid 6-monthly. Effective date: 25/05/2009

Master Savings Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 25,000 0.00
> 25,000 - 150,000 0.10
> 150,000 - 300,000 0.20
> 300,000 - 800,000 0.30
Above 800,000 0.70

Interest is calculated daily and paid monthly. Effective date: 01/08/2009

1Product not available for account opening effective 2 January 2013

All of the accounts mentioned above are eligible for protection by PIDM.

e$aver Account2
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 0.10
> 50,000 - 100,000 0.50
> 100,000 - 200,000 0.70
> 200,000 - 1,000,000 1.50
Above 1,000,000 1.70

Interest is calculated daily and paid monthly. Effective date: 15/03/2013

2Excluding e$aver Decile 1 accounts

e$aver Decile 1 Account
Balance Tier (RM)
Interest Rate (% p.a.)
All balances 1

Effective Date: 15/08/2016

e$aver PLUS Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 0.20
> 50,000 - 200,000 1.70
> 200,000 - 1,000,000 2.40
Above 1,000,000 2.70

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

Young Savers Account
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 2.95
Above 50,000 0.25

Interest is calculated daily and paid 6-monthly. Effective Date: 27/07/2016

SeniorSave Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 20,000 0.50
Above 20,000 1.50

Interest is calculated daily and paid 6-monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

Privilege Savings Account (Priority Banking)
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 1.00

Interest is calculated daily and paid monthly. Effective date: 21/11/2016

Privilege Savings Account (Personal Banking)
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.25

Interest is calculated daily and paid monthly. Effective date: 22/11/2016

Master Savings PLUS Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 500,000 0.50
> 500,000 - 1,000,000 1.20
Above 1,000,000 1.50

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

JustOne Personal Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.25

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

JustOne Preferred Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.50

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

JustOne Priority Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 1.00

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

e$aver PLUS Account (Campaign in Nov 2008)1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 100,000 0.50
> 100,000 - 200,000 0.50
> 200,000 - 1,000,000 1.50
> 1,000,000 - 5,000,000 1.50
Above 5,000,000 1.70

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

e$aver PLUS Account (Campaign in Apr 2009)1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 500,000 1.50
> 500,000 - 2,000,000 1.50
Above 2,000,000 1.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

PowerPay Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 1.00
Above 50,000 2.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

MyDream Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 5,000 0.30
> 5,000 - 20,000 0.30
> 20,000 - 100,000 0.30
> 100,000 - 200,000 0.70
Above 200,000 1.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

Current Account

M2 Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 25,000 0.00
> 25,000 - 150,000 0.10
> 150,000 - 300,000 0.20
> 300,000 - 800,000 0.30
Above 800,000 0.80

Interest is calculated daily and paid monthly. Effective date: 01/08/2009

1Product not available for account opening effective 2 January 2013

Preferred M2 Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 150,000 0.10
> 150,000 - 300,000 0.20
> 300,000 - 800,000 0.30
Above 800,000 0.80

Interest is calculated daily and paid monthly. Effective date: 02/01/2013

1Product not available for account opening effective 2 January 2013

SuperSalary Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 1,000 0.00
> 1,000 - 100,000 0.50
Above 100,000 1.00

Interest is calculated daily and paid monthly. Effective date: 15/03/2013

1Product not available for account opening effective 2 January 2013

Fixed Deposit

Tenure
Interest Rate (%)p.a.
1 month 2.95%
2 month 2.95%
3 month 3.10%
4 month 3.10%
5 month 3.10%
6 month 3.15%
7 month 3.15%
8 month 3.15%
9 month 3.15%
10 month 3.15%
11 month 3.15%
12 month 3.25%

Interest is calculated on a contractual basis and paid upon maturity (for tenures of 1-12 months) or on a half yearly basis (for tenures of more than 12 months). Effective Date: 8 March 2018

Foreign Exchange Rates

Standard Chartered Bank Malaysia Berhad

These are indicative rates and should not be construed to be applicable for any specific transaction.

Published rate as at 25/05/18  08:59:41 AM

The bank reserves the absolute right and discretion to change the rates below.

UNIT
CURRENCY
SELLING

TT/OD

BUYING

TT

BUYING

CP

SWIFT

CODE

1 U.S. DOLLARS 4.0535 3.9071 3.9049 USD
1 STERLING POUNDS 5.4382 5.2115 5.1823 GBP
1 AUSTRALIAN DOLLARS 3.1056 2.9238 2.9057 AUD
1 CANADIAN DOLLARS 3.1551 3.0236 3.0082 CAD
1 NEW ZEALAND DOLLARS 2.8359 2.6846 2.6682 NZD
100 CHINESE RENMINBI 64.0085 60.771 0 CNY
1 EURO 4.8077 4.5196 4.4877 EUR
100 BANGLADESH TAKA 4.9123 4.5271 4.4911 BDT
100 BRUNEI DOLLARS 303.9989 289.9085 288.706 BND
100 DANISH KRONERS 64.2649 61.0526 60.6861 DKK
100 SOUTH AFRICAN RANDS 33.2584 30.8771 30.6011 ZAR
100 HONGKONG DOLLARS 52.1559 49.2739 48.8276 HKD
100 INDIAN RUPEES 6.1202 5.5503 5.2839 INR
100 INDONESIAN RUPIAH 0.0296 0.0268 0.0265 IDR
100 JAPANESE YEN 3.7499 3.5278 3.5125 JPY
100 NORWEGIAN KRONERS 50.6748 47.5702 47.2596 NOK
100 FILIPINO PESO 7.8645 7.308 7.2366 PHP
100 PAKISTAN RUPEES 3.5667 3.3177 3.2913 PKR
100 SAUDI ARABIAN RIYALS 109.7377 102.6473 101.7298 SAR
100 SINGAPORE DOLLARS 303.121 290.8005 289.5944 SGD
100 SRI LANKA RUPEES 2.6068 2.4369 2.3189 LKR
100 SWEDISH KRONERS 46.7441 44.0996 43.7946 SEK
100 SWISS FRANCS 413.1714 390.0123 388.0247 CHF
100 THAI BAHTS 13.0429 11.8192 11.737 THB
100 U.A.E. DIRHAMS 0 0 0 AED

Base Rate = 3.77%

What is the base rate (BR)?

The BR we offer on this product is made up of two parts, our benchmark cost of funds (COF) and the Statutory Reserve Requirement (SRR) cost imposed by Bank Negara Malaysia. Our benchmark COF is the marginal cost of raising funds for the mortgage loans.

What are possible scenarios to trigger a change in the BR?

Our BR can rise or fall due to changes in the benchmark COF and changes in the SRR.

Changes in the benchmark COF could occur due to changes in the Overnight Policy Rate (OPR) as decided by the Monetary Policy Committee (MPC) of Bank Negara Malaysia. In addition, as the benchmark COF is the marginal cost of raising funds, it will change in line with fluctuation in the market funding condition.

SRR cost will change in line with changes in the SRR rate as decided by MPC of Bank Negara Malaysia.

Historical benchmark COF and BR in the last 3 years.

Effective date: 5 Feb 2018

Applicable for all new individual loan applications

Before 5 Feb 2018
From 5 Feb 2018
Reference Rate BR = 3.52% BR = 3.77%
Interest Rate BR + 1.00% BR + 1.00%
Effective Lending Rate 4.52% 4.77%
Monthly instalment (RM) 1,777.56 1,829.99

Note: Effective Lending Rate may vary if BR or BLR changes.

For illustration purpose:

Loan Amount: RM350,000 (No Lock-In Period)

Loan Tenure: 30 years

Base Lending Rate = 6.95% p.a.

Effective date: 5 Feb 2018

Not applicable for new individual loan/financing applications from 2 January 2015 onwards

Effective date: 5 Feb 2018

Not applicable for new individual loan/financing applications from 2 January 2015 onwards

Secured Wealth Lending: Foreign Currency Base Rates

Published rate as at 24/05/2018. The bank reserves the absolute right and discretion to change the rates below.

 

Currency
Base Rate (% p.a.)
USD 2.150
EUR 0.125
GBP 0.548
NZD 1.307
SGD 1.309
AUD 1.491

Foreign Currency Account

Foreign Currency Deposit Account ( FCA) interest rates are dependent on market rates and could fluctuate from day to day. Please check with your nearest branch or contact your Relationship Manager (RM) for the latest FCA interest rate.

Calculation of the interest rate on FCA account is as follows: (Available Balance x Interest Rate)/365

Foreign Currency Account

KLIBOR rate = 3.69%

Effective date: 1 April 2018 – 30 June 2018.

Not applicable for new individual loan / financing applications from 2 January 2015 onwards.

KLIBOR rate = 3.43%

Terms and Conditions

Member PIDM