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Zero OTT Fees when you remit funds

Person, Human, Finger
Person, Human, Finger

Zero OTT Fees when you remit funds



From now till 30 September 2021, simply complete the following steps to enjoy this promotion. T&Cs apply.

3 simple steps to enjoy your waiver

Step 1
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  1. Successfully open one of the following Current Account during the Promotion Period. Please click here to view the accounts:

    Smart Business$aver Current Account (SGD)

    Business$aver Current Account (SGD or USD)

    BusinessOne Current Account (SGD or USD)

    Non USD Foreign Currency Account

    Essential Lite Account

Step 2
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  1. Successfully sign up for Standard Chartered Straigh2Bank (S2B).
Step 3
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  1. Complete a remittance transaction with FX conversion using S2B to remit funds.

Waiver Period

Enjoy the Waiver (all OTT fees and charges imposed by us) in the month that the Eligible Account is opened and the next 3 calendar months.
Customer A
Customer B
Customer C
Month of Eligible Account Opening Jul 2021 Aug 2021 Sep 2021
Month 1 Aug 2021 Sep 2021 Oct 2021
Month 2 Sep 2021 Oct 2021 Nov 2021
Month 3 Oct 2021 Nov 2021 Dec 2021
Waiver Period Month 0 to Month 3

Important Note: The Waiver applies to all OTT fees and charges which are charged by the Bank. At all times, the Bank shall not be responsible for any fees and charged levied by the beneficiary bank in connection with the Qualifying Remittance Transaction.

Flooring, Floor, Concrete
Flooring, Floor, Concrete

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$75,000 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.