Please be informed that the overseas bank charges for Outward Telegraphic Transfer (OTT) for Business Clients will be revised as follows, effective 27 December 2013:
|Debiting account currency||Current Charge||New Charge|
|Singapore Dollar||SGD 50||SGD 50 (no change)|
|Foreign currencies||USD 28||SGD 50
(amount will be charged in the respective currency based on the bank's exchange rate)
The charges for handling commission, commission in lieu and reimbursement cover remain unchanged.