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Get fit for the Standard Chartered Marathon Singapore 2015

  • Marathon
  • Join us in the Standard Chartered Marathon on 6 December 2015.

    From 1 August 2015 to 31 August 2015 the first 500 customers to place minimum fresh funds of S$100,000 in our 10-month or 24-month SGD Time Deposit will receive a FitBit Flex. Terms and Conditions apply.

Benefits

Additional Features
  • Consolidated statement for easy account balancing
  • Instant access to cash through a overdraft secured against your time deposit
  • View Interest Rates

Eligibility

    • Singapore Citizen / Singapore Permanent Resident / Foreigner
    • Minimum initial deposit amount of $5,000
    • Age requirement: Minimum 18 years old
  •     Documents Required
    • Mandatory supporting documents for foreigners:
      • Passport
      • Employment Pass
      • Any of the following documents:
        • Last 3 months' utility bill
        • Last 3 months' bank statement
        • Letter from the human resource department of current employer stating address
        • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
        • Telecommunications bill
        • Tenancy agreement
      • Income documents:
        • Salaried employee: current or previous month's computerised payslip from current employer (handwritten copies are not acceptable); OR latest Income Tax Notice of Assessment (if this document is faxed, please fax from the bottom end first)

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Deposit Insurance Scheme

Singapore dollar deposits deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to $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.

Standard Chartered Singapore Dollar Time Deposit (1st to 31st August 2015) Promotion Terms and Conditions

  1. This Standard Chartered Singapore Dollar Time Deposit (1st to 31st August 2015) Promotion (“Promotion”) is available from 1 August 2015 to 31 August 2015 (both dates inclusive) (“Promotion Period”) to all new and existing customers of Standard Chartered Bank (Singapore) Limited (the “Bank”), who are individuals. By participating in this Promotion, you agree to be bound by these terms
  2. Eligibility
  3. To qualify for this Promotion, you must place a minimum sum of S$25,000 in fresh funds* into either a 10-month Singapore Dollar Time Deposit or a 24-month Singapore Dollar Time Deposit Account (each a “Time Deposit”) during the Promotion Period.

  4. If you satisfy the qualifying criteria stipulated herein, you will earn the promotional interest rate of either 1.50% p.a. for the 10-Month Singapore Dollar Time Deposit or 1.75% p.a. (each a “Promotional Rate”) for the 24-Month Singapore Dollar Time Deposit on the sum you placed in the Time Deposit, subject to these terms. The Promotional Rate is only applicable if the Time Deposit is held until maturity of the tenor. The Bank reserves the right to require the forfeiture of any amount or interest awarded at the Promotional Rate or part thereof, if you make any early withdrawal from the Time Deposit prior to maturity of the tenor.

  5. Notwithstanding Clause 3 above, if you are a Priority Banking client of the Bank, you will enjoy a preferential interest rate of 1.55% p.a. for the 10-Month Singapore Dollar Time Deposit or 1.80% p.a. (each a “Preferential Rate”) for the 24-Month Singapore Dollar Time Deposit on the sum you placed in the Time Deposit, subject to these terms. The Preferential Rate is only applicable if the Time Deposit is held until maturity of the tenor. The Bank reserves the right to require the forfeiture of any amount or interest awarded at the Preferential Rate or part thereof, if you make any early withdrawal from the Time Deposit prior to maturity of the tenor.
  6. Any renewal upon maturity of the Time Deposit at the option of the account holder will be based on the Bank’s prevailing Singapore Dollar Time Deposit board rate for the same tenor.
  7. GIFT - FitBit Flex
  8. If you are one of the first 500 customers (each an “Eligible Customer”) to place a minimum sum of S$100,000 in fresh funds* in the Time Deposit until maturity of the tenor, and satisfy the qualifying criteria set out in Clause 2, read with Clause 3 or Clause 4 above (as the case may be), you will receive a FitBit Flex (the “Gift”), subject to these terms.

  9. A redemption letter (the “Redemption Letter”) will be issued to each Eligible Customer on or before 30 September 2015, and an Eligible Customer may redeem his/her Gift at a date stated in the Redemption Letter. The Bank may send the Redemption Letter to the Eligible Customer’s mailing address as reflected in the Bank’s records. The Eligible Customer bears the sole responsibility to ensure that his/her mailing address is updated with the Bank and accurate at all times, and the Eligible Customer agrees that the Bank shall not be liable for any errors in the Bank’s records. For the avoidance of doubt, the Eligible Customer’s redemption and/or the Bank’s delivery of the Gift does not imply, and should not be deemed as, the Bank’s acceptance and/or approval of an Eligible Customer’s application.

  10. No payment or compensation whether in cash, credit or kind shall be made for any uncollected, lost, misplaced, defaced, stolen or damaged Gifts and Redemption Letters. The Bank is not an agent of the merchants supplying the Gifts. The Bank makes no warranty or representation as to the quality, value, merchantability or fitness for purpose of the Gifts and assume no liability or responsibility for the acts or omissions of the merchants or any non-performance or defects in the Gifts. Any dispute about the quality, value, condition or performance of the Gifts is to be resolved directly with the merchants. The Bank is not obliged to assist or act on your behalf in communicating with the merchants supplying the Gifts for any reason. You accept the Gift as it is and subject to any terms and conditions the merchants may impose.

  11. Each Eligible Customer is limited to a maximum of one (1) Gift each on a first-come, first-served basis, while stocks last.

  12. The Gifts are non-redeemable for cash and/or any other items, and they are non-transferable, non-assignable and non-exchangeable. The Bank reserves the right to replace or substitute the Gift with any item of equivalent or similar value, without prior notice or reason.

  13. The Bank reserves the right to debit the value of the Gift and/or forfeit any Gift without compensation, if you make any early withdrawal from the Time Deposit prior to maturity of the tenor, for any reason following the delivery and/or your redemption of the Gift.

  14. GENERAL
  15. The Promotion is not valid with other offers, privileges or promotions unless otherwise stated.

  16. The Bank may vary, modify, add, delete or otherwise revise any of the terms and conditions governing the Promotion, including varying the Promotional Rates and/or Preferential Rates, or to terminate, withdraw, extend or shorten the Promotion at any time at the Bank’s sole discretion, with or without prior notice or reason.

  17. The Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with the Promotion, including the amount of interest that you are entitled to receive and your eligibility for the Gift. The Bank’s determination of all matters relating to this Promotion shall be final and conclusive and no correspondence will be entertained.

  18. These terms are to be read in conjunction with the Bank’s Customer Terms and Current/Cheque/Savings Account and Time Deposit Terms (collectively, “Standard Terms”). If there is any inconsistency between these terms and the Standard Terms, these terms shall prevail to the extent of such inconsistency.

*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.


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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