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Proceed

Ring in the prosperity of Spring 2019 with exclusive Business Banking offers

Business-Banking-Lunar-New-Year

Ring in the prosperity of Spring 2019 with exclusive Business Banking offers

New Year, New Horizons

Sign up for any participating Business Banking product from 2 Jan to 4 Feb’19 (both dates inclusive) and receive a Skylight Abalone 3-piece gift set worth S$73.80 when you meet the criteria below. T&Cs apply.

Product
Eligibility Criteria
Business$aver Interest Bearing Current Account (“CASA”) Open a SGD/USD Business$aver account and place fresh funds of minimum S$58,800 or US$58,800 and maintain the amount for at least 6 months from the date of placement of funds.
Time Deposits (“TD”) Deposit fresh funds* to enjoy preferential interest rates of up to 2.88% p.a.:

Minimum placement of fresh funds Tenor Preferential Interest Rate (p.a.)
S$288,000 6 months 1.58%
US$288,000 2.68%
S$188,000 12 months 1.68%
US$188,000 2.88%

*Fresh funds refer to funds not originating from any existing account with the Bank and funds that are not withdrawn and re-deposited within the last 30 days of the opening of your account with the Bank.

Business Working Capital (“BWC”) Apply and be eligible for a BWC facility with a minimum quantum of S$388,000.
Foreign Exchange (“FX”) Perform FX transactions worth S$388,000**, via the Bank’s online platform Straight2Bank or through the Bank’s Treasury Services.

Plus, earn up to S$150 cashback when you register here. Terms and conditions apply.

**There is no limit to the number of transactions performed to reach the eligible notional amount.

Business Property Loan (“BPL”) Apply and be eligible for a BPL with a minimum quantum of S$388,000.
Business Instalment Loan (“BIL”) Apply and be eligible for a BIL facility with a minimum quantum of S$188,000  (with effect from 24 January 2019)

Terms and 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.

FX Disclaimer

Foreign currency investments are subject to risks of exchange rate fluctuations and exchange controls may be applicable from time to time to certain currencies.
The contents on this document are for general information only and do not constitute an offer, recommendation or solicitation of an offer to enter into a transaction or adopt any hedging, trading or investment strategy, nor does it constitute any prediction of likely future movements in rates or prices or any representation that any such future movements will not exceed those shown in any illustration.
It has not been prepared for any particular person or class of persons and it has been prepared without regard to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase the product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you. You are fully responsible for your investment decision, including whether the product or service described here is suitable for you. The products / services involved are not principal-protected and you may lose all or part of your original investment amount. SCB will not accept any responsibility or liability of any kind, with respect to the accuracy or completeness of the information in this document.