Enjoy the convenience of cashless payments and daily interest
Enjoy the convenience of cashless payments and daily interest
Benefits of a Cheque & Save Account
Free GIRO Service
We also allow you to make payments by GIRO at no extra charge.
Standing instructions
Standing instructions for regular payments.
Cash Deposit Convenience
Deposit cash at our Cash Deposit Machines.
Full Range of Services
Perform a full range of our remittance services.
Free GIRO Service
We also allow you to make payments by GIRO at no extra charge.
Standing instructions
Standing instructions for regular payments.
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
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.
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.
