Send money to your loved ones at $0 Transfer Charges

Enjoy $0 Transfer Charges & 0% FX Cost on your online remittances in INR to your Standard Chartered Bank, India accounts.

Eligibility

The following markets and currency pairs eligible for $0 Transfer Charges. T&Cs apply.

PAYEE MARKETSEND CURRENCY (YOU SEND)PAYMENT CURRENCY (PAYEE RECEIVES)
United States of AmericaSGD or USDUSD
United KingdomSGD, USD or GBPGBP
IndiaSGD or USDINR
AustraliaSGD, USD or AUDAUD
CanadaSGD, USD or CADCAD
ChinaSGD or USDCNY
Hong KongSGD, USD or HKDHKD
IndonesiaSGD or USDIDR
JapanSGD, USD or JPYJPY
JerseyNEWSGD or USDGBP
MalaysiaSGD or USDMYR
PakistanSGD or USDPKR
PhilippinesSGD or USDPHP
All SEPA countriesNEWSGD, USD or EUREUR
United Arab EmiratesSGD or USDAED
ThailandNEWSGD or USDTHB
VietnamSGD or USDVND

To participate in the SC Remit Promotion (“Promotion”), you must from 1 October 2020 onwards, to such date as may be determined by Standard Chartered Bank (Singapore) Limited (the “Bank”) in its sole and absolute discretion, successfully complete an online remittance transaction using Online Banking or Mobile Banking from a bank account held with the Bank to the eligible markets in the eligible currency pairs (each, a “Qualifying Remittance Transaction” or “QRT”). Under the Promotion, all transfer charges and expenses imposed by the Bank for your QRT will be waived. The Bank shall not be responsible for any fees and charges levied by the beneficiary bank in connection with the QRT. From 9 November 2020 onwards, to such date as may be determined by the Bank in its sole and absolute discretion, the Bank will also not impose any additional FX costs on you for your QRT in INR (as payment currency) made to accounts maintained with Standard Chartered Bank, India. The available foreign exchange (“FX”) rate applied for your QRT differs according to the QRT and refers to (a) the Bank’s proprietary wholesale FX rate, (b) the FX rate provided by the Bank’s service provider to the Bank for the QRT, or (c) a combination of (a) and (b). Please click here for the full SC Remit Promotion Terms and Conditions

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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