Enjoy the convenience of cashless payments and daily interest
Enjoy the convenience of cashless payments and daily interest
Benefits of a Cheque & Save Account
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GIROFree GIRO Service
We also allow you to make payments by GIRO at no extra charge.
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Standing instructions
Standing instructions for regular payments.
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DepositCash Deposit Convenience
Deposit cash at our Cash Deposit Machines.
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Full Range of Services
Perform a full range of our remittance services.
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GIRO
Free GIRO Service
We also allow you to make payments by GIRO at no extra charge.
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Standing instructions
Standing instructions for regular payments.
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Deposit
Cash Deposit Convenience
Deposit cash at our Cash Deposit Machines.
-
Full Range of Services
Perform a full range of our remittance services.
Cheque and Save Account Features
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Convenient Withdrawals
Withdraw your cash easily from our extensive network of ATMs.
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Convenient Banking
Access your account anytime via SC Mobile or Online Banking.
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No lock-in period
Enjoy the flexibility to access your funds anytime with no lock-in period
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Island-Wide NETS Payments
Make payments by NETS all over Singapore.
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Easy Account Management
Consolidated statement for easy account balancing.
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Convenient Withdrawals
Withdraw your cash easily from our extensive network of ATMs.
-
Convenient Banking
Access your account anytime via SC Mobile or Online Banking.
-
No lock-in period
Enjoy the flexibility to access your funds anytime with no lock-in period
-
Island-Wide NETS Payments
Make payments by NETS all over Singapore.
-
Easy Account Management
Consolidated statement for easy account balancing.
| Service | Charges |
|---|---|
| Minimum initial deposit | S$5,000 (Personal and Corporate) |
| Fall-below fee | S$7.50 per month if average daily balance for the month falls below S$5,000 |
| Monthly service charge | S$2 |
| Unarranged overdraft | Prime +5%, minimum S$5 |
| Early account closure fee (within 6 months) | S$30 (Personal) S$50 (Corporate) |
| Cheque book | S$10 for each cheque book requested |
Eligibility
Nationality: Singapore citizen / Singapore permanent resident / foreigner
Age requirement: Minimum 18 years old
Documents Required
Mandatory supporting documents For Singapore citizens and permanent Residents:
- NRIC (front and back)
Mandatory supporting documents for foreigners:
- Passport
- Employment Pass
- Any of the following documents:
- Utility bill within the last 3 months
- Bank statement within the last 3 months
- Letter from the human resource department of current employer stating address
- Government-issued documents stating address (e.g. IRAS, CPF, ICA)
- Telecommunications bill within the last 3 months
- Tenancy agreement
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
