Introduction of cheque book fee
With effect from 3 May 2017, we will be charging a cheque book fee for the second and subsequent cheque books that we issue to our customers for selected Current/Cheque Accounts (the “Selected Accounts”). Our Pricing Guide will be updated accordingly.
The Selected Accounts are:
- Cheque & Save Account*
- MortgageOne Account*
- Preferred Current Account*
- World Partner Chequing Account*
- Foreign Currency Current Account (USD)^
- Foreign Currency Cheque & Save Account (USD)^
^ A USD 15 fee will be applicable for USD Current/Cheque accounts.
The first cheque book issued for a Selected Account will continue to be free of charge. For each subsequent cheque book that we issue for any of the Selected Account, a SGD15 fee will apply.
The cheque book fee charges will not apply to and will not affect our Priority and Private Banking customers’ privileges and our Business Banking customers.
Discontinuing automatic replenishment of new cheque books
Presently, we automatically issue new cheque books to our customers when 60 percent of the cheques in the customer’s current cheque book is cleared through the Bank. With effect from 3 May 2017, please note that we will cease doing so.
If you would like to request for a new cheque book, please do so via one of the following channels:
- Login to Online Banking at sc.com/sg
- Visit any one of our Standard Chartered ATMs islandwide
- Call our 24-hour Client Contact Centre at 1800 747 7000
Please note that this discontinuation applies to all types of Current/Cheque Accounts and all of our Personal, Priority, and Private Banking customers. Business Banking customers are not affected.
For faster, more secure and convenient ways to make payment, we recommend using Online Banking and Standard Chartered Mobile for Fund Transfer, Bill Payment and Pay Any Card transactions.
*Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to SGD50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.