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 Account*
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

 

e$aver Account**
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

** Excluding 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 Account*
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

 

Young Savers Account
Balance Tier (RM) Interest Rate (% p.a.)
Up to 50,000 2.70%p.a.
Above 50,000 0.25%p.a.

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

 

SeniorSave Account*
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

 

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 Account*
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

 

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)*
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

 

e$aver PLUS Account (Campaign in Apr 2009)*
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

 

PowerPay Account*
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

 

MyDream Account*
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

 

M2 Account*
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

 

Preferred M2 Account*
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

 

SuperSalary Account*
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

Fixed Deposit

Tenure Interest Rate (% p.a.)
1 month 2.70% p.a.
2 months 2.70% p.a.
3 months 2.85% p.a.
4 months 2.85% p.a.
5 months 2.85% p.a.
6 months 2.90% p.a.
7 months 2.90% p.a.
8 months 2.90% p.a.
9 months 2.90% p.a.
10 months 2.90% p.a.
11 months 2.90% p.a.
12 months 3.00% p.a.

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: 27/07/2016

Foreign Exchange Rates

STANDARD CHARTERED BANK MALAYSIA BERHAD

21/07/17   09:02:15 AM


THESE ARE INDICATIVE RATES AND SHOULD NOT BE CONSTRUED TO BE APPLICABLE FOR ANY SPECIFIC TRANSACTION.

PUBLISHED RATE AS AT 21/07/17   09:02:15 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
1U.S. DOLLARS4.35874.20804.2056USD
1STERLING POUNDS5.66635.43715.4066GBP
1AUSTRALIAN DOLLARS3.50593.30393.2834AUD
1CANADIAN DOLLARS3.47353.33363.3166CAD
1NEW ZEALAND DOLLARS3.25363.08773.0688NZD
1CHINESE RENMINBI64.911161.79150CNY
1EURO5.12734.82724.7932EUR
100BRUNEI DOLLARS320.7079306.2510304.9806BND
100HONGKONG DOLLARS57.242253.657553.1715HKD
100JAPANESE YEN3.94393.71763.7015JPY
100SINGAPORE DOLLARS319.8000307.1756305.9016SGD
100SWISS FRANCS463.2774437.5857435.3556CHF

Base Rate = 3.52%

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: 27 July 2016

Applicable for all new individual loan applications

For illustration purpose:

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

Loan Tenure: 30 years

Before 27 July 2016 From 27 July 2016
Reference Rate BR = 3.77% BR = 3.52%
Interest Rate BR + 1.00% BR + 1.00%
Effective Lending Rate 4.77% 4.52%
Monthly instalment (RM) 1,829.99 1,777.56

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

Base Lending Rate = 6.70% p.a.

Effective date: 27 july 2016

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

Secured Wealth Lending: Foreign Currency Base Rates

Published rate as at 03/07/2017 . The bank reserves the absolute right and discretion to change the rates below.

Currency Base Rate (% p.a.)
USD 1.300
EUR 0.125
GBP 0.135
NZD 1.325
SGD 0.535
AUD 1.175

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

KLIBOR rate = 3.43%

Effective date: 1 July to 30 September 2017

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

*Product not available for account opening effective 2 January 2013

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

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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