Revision of interest rate for FCY$aver - Renminbi (CNH)

Please be informed that the interest rate for FCY$aver – Renminbi (CNH) will be revised as follows with effect from 1 February 2015:

Balance Tier (CNH) Current interest rate Revised interest rate
Less than 25,000 0.2% p.a. 0.3% p.a.
$25,000 to less than 1,000,000 0.2% p.a. 1.4% p.a.
$1,000,000 & above 0.2% p.a. 1.7% p.a.

Revision of Overseas Bank Charges

Please be informed that the overseas bank charges for Outward Telegraphic Transfer (OTT) will be revised as follows, effective 25 November 2013

Debiting account currency Current Charge New Charge
Singapore Dollar SGD 50 SGD 50 (no change)
Foreign currencies USD 28 SGD 50
(amount will be charged in the respective currency based on the bank's exchange rate)

The charges for handling commission, commission in lieu and reimbursement cover remain unchanged.

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.

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Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

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