1. The Standard Chartered ‘Singapore Wealth Lending Priority Accredited Investor Promotion (“Promotion”) is available from 01 October 2018 to 31 December 2018 (“Promotion Period”) to all customers of Standard Chartered Bank (Singapore) Limited (“Bank”) who:
   1. are Priority Banking customers who have successfully declared themselves as an Accredited Investor with the Bank; and
   2. apply for and are granted a secured lending Leverage financing facility with the Bank during the Promotion Period (“Facility”).

2. The Facility must be for an approved limit of minimum S$50,000 (or its equivalent foreign currency) and secured against any approved collateral (investment or life insurance product(s)) purchased by the customer through the Bank.
3. Employees of the Bank or Standard Chartered Bank, Singapore Branch may be subjected to additional eligibility criteria, and should contact their Relationship Manager for details.
4. A customer who meets the conditions set out in these Promotion T&Cs (an “Eligible Customer”) will be entitled to the preferential One-Month Singapore Dollar Singapore Interbank Offered Rate (“1M SGD SIBOR”) + 0.88% p.a. interest rate for all approved Singapore Dollar credit limits for such Facility granted by the Bank.
5. An Eligible Customer will be entitled to the preferential One-Month United States Dollar London Interbank Offered Rate (“1M USD LIBOR”) + 0.88% p.a. interest rate for all approved United States Dollar credit limits for such Facility granted by the Bank.
6. Any application for a Facility is granted at the sole discretion of the Bank, and the Bank may accept or reject any application without giving any notice and/or without furnishing any reasons.

General Terms

7. The Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with this Promotion. The Bank’s decision in all matters arising out of or in connection with this Promotion is final and conclusive and no correspondence will be entertained.
8. The Bank reserves the right to do any of the following without prior notice:
   1. terminate, withdraw, shorten or extend this Promotion at the Bank’s sole discretion, with or without prior notice or reason;
   2. vary, modify, add or delete any of the terms of the Promotion (including the preferential rates for 1M SGD SIBOR and 1M USD LIBOR).
9. In the event of any inconsistency between the Promotion T&Cs and any brochures, marketing or promotional materials relating to the Promotion, these Promotion T&Cs shall prevail to the extent of such inconsistency. These Promotion T&Cs should be read in conjunction with the prevailing Customer Terms, Investment Product Terms which contain the Standard Terms & Conditions Relating to Facilities Granted to Individuals (Part F) and Additional Standard Terms and Conditions Applicable to Facilities in Foreign Currency (Part G), the Facility Letter for the Facility issued and any and all other documentation relating to the Facility and/or your accounts with us.
10. A person who is not a party to these Promotion T&Cs has no right under the Contracts (Rights of Third Parties) Act (Cap.53B) to enforce any of the Promotion T&Cs.
11. These Promotion T&Cs are governed by and shall be construed in accordance with the laws of the Republic of Singapore and you agree to submit to the exclusive jurisdiction of the courts of the Republic of Singapore.
12. All information is correct at the time of publication.

 Disclaimer

You are fully responsible for your investment decision, including whether the Facility is suitable for you. The products/services involved are not principal-protected and you may lose all or part of your original investment amount. Further, using the Facility for investments may also magnify your losses.

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.