Important changes to fees for selected Debit Cards and Current/Cheque/Savings Accounts

With effect from 28 August 2015, our Pricing Guide will be amended to reflect new and/or increased fees and charges imposed on selected debit cards and Current/Cheque/Savings Accounts*.

Please be informed that these new and/or increased fees and charges are applicable to Personal Banking customers.



(1) Annual fee for selected Debit Cards

From 28 August 2015, the annual fee for Bonus$aver and XtraSaver debit cards will be increased to $20:

Debit card Current fees New fees
Bonus$aver debit card SGD 15 SGD 20
XtraSaver debit card SGD 15 SGD 20

(2) Fall-below fee for selected Current/Cheque/Savings Accounts*

From 28 August 2015, new fall-below fees will be introduced for the following Current/Cheque/Savings Accounts*:

Account Current fees New fees Min. average daily balance
e$aver account SGD 0 SGD 5 SGD 1,000
Preferred Current account SGD 0 SGD 5 SGD 3,000
OneAccount SGD 0 SGD 5 SGD 3,000
World Partner Savings account SGD 0 SGD 5 SGD 3,000
World Partner Current account SGD 0 SGD 5 SGD 3,000

A fall-below fee is an administrative fee that we charge when your deposit balance falls below the minimum average daily balance stipulated for the respective accounts.

(3) Monthly service charge for selected Current/Cheque/Savings Accounts*

From 28 August 2015, a monthly service charge will be imposed on the following Current/Cheque/Savings Accounts*:

Account Current fees New charges
XtraSaver (SGD) SGD 0 SGD 2
Supersave account SGD 0 SGD 5
Personal Current account SGD 0 SGD 2
Preferred Current account SGD 0 SGD 2
OneAccount SGD 0 SGD 2
World Partner Chequing account SGD 0 SGD 2

You may refer to our Pricing Guide for the new/increased fees and charges from 28 August 2015.

Unless otherwise specified, all other terms and conditions relating to your debit cards and/or Current/Cheque/Savings Accounts shall remain unchanged and continue to be binding on you.

*Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to $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.

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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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