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Earn up to 1% p.a. bonus interest when you top up your SGD Business$aver account by 31 May Get in touch with us

Earn up to 1% p.a. bonus interest when you top up your SGD Business$aver account by 31 May

Business$aver account

Ideal for businesses with surplus cash, this interest-bearing business account earns you bonus interest on your idle money, without compromising on liquidity.

Features

Interest rates

SGD Business$aver Account

Balance Tier

Prevailing interest rate

(with effect from 1 October 2013)1

 

First S$500,000 0.018% p.a.
Remaining balance above S$500,000 0.078% p.a.
1Standard Chartered Bank (Singapore) Limited (the "Bank") pays interest on the Business$aver Accounts held with the Bank on a tiered basis. Rates are subject to change.
Business$aver SGD Current Account Top-Up Promotion (1st February 2017 to 31st May 2017)

From now till 31st May 2017, earn up to additional 1% p.a. interest on your Top-Up Amount when you top up your SGD Business$aver account with fresh funds of minimum S$100,000* (referencing month for calculating Top-up Amount is December 2016). As a recognition of your total relationship with the Bank, we will also reward you on incremental balances on all your SGD current accounts (if any) on top of the SGD Business$aver account.

Top-up amount range
Bonus interest rates2
S$100,000 to <S$500,000 0.30% p.a.
$500,000 to <S$1,000,000 0.50% p.a.
S$1,000,000 and above* 1.00% p.a.
2Flat Interest for the total incremental amount.

Standard Chartered Bank (Singapore) Limited (the "Bank") pays interest on the Business$aver Accounts held with the Bank on a tiered basis. Rates are subject to change. Business$aver SGD Current Account Top-Up Promotion (1st February 2017 to 31st May 2017), Terms and Conditions effective from 1st February 2017*

USD Business$aver Account

Balance Tier

Prevailing interest rate

(With effect from 1 October 2013)3

First USD2,000,000 0.118% p.a.
Remaining balance above USD2,000,000 0.218% p.a.
3Standard Chartered Bank (Singapore) Limited (the “Bank”) pays interest on the Business$aver Accounts held with the Bank on a tiered basis.

Eligibility & Documents

Eligibility

  • Minimum Initial Deposit
    • S$ 50,000 for SGD account
    • US$ 50,000 for USD account
  • Requirements
    • Minimum monthly average balance of S$ 50,000 for SGD account
    • Minimum monthly average balance of US$ 50,000 for USD account
  • Early Account Closure fees (within 6 months of opening)
    • S$ 500

Documents Required

  • Business Account Opening Form
  • Photocopy of NRIC / Passport of
    • At least 2 directors (including Managing Director),
    • All Principal Shareholders (with 10% or more), and
    • All signatories
    • Director,
    • All Principal Shareholders (with 10% or more), and
    • All signatories
  • Company Memorandum of Articles of Association (M&A)

FAQs

Terms & Conditions

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$ 50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.