Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving sc.com/sg and entering a website operated by other parties.

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/sg


Proceed
News and medias masthead

 

Important Information

Revision of GST rate from 7% to 8% for Safe Deposit Locker Annual Rental Fee and Debit Card Annual Fee with effect from 1 January 2023

Dear Clients,

As you may be aware, Singapore’s Goods and Services Tax (GST) rate will increase from 7% to 8% from 1 January 2023.

Correspondingly, the GST rate applicable to all Standard Chartered Safe Deposit Locker Annual Rental Fees and Debit Card Annual Fees will increase to 8% from 1 January 2023.

Please refer to the list below for Annual Rental Fees of respective Safe Deposit Locker size from 1 January 2023:

 

LOCKER SIZE (INCHES) PERSONAL BANKING

(inclusive of 8% GST)

PRIORITY BANKING

(inclusive of 8% GST)

4.75″ x 3.5″ x 20.0″ S$162 S$81
7.5″ x 3.5″ x 20.0″ S$270 S$135
8.0″ x 4.0″ x 24.0″ S$324 S$162
10.0″ x 5.0″ x 24 .0″ S$486 S$162
7.5″ x 7.5″ x 18.75″ S$432 S$216
16.0″ x 8.0″ x 24.0″ SS$756 S$378
15.0″ x 7.5″ x 18.75″ S$648 S$324
20.0″ x 10.0″ x 24.0″ S$864 S$432

 

Any outstanding Safe Deposit Locker Annual Rental Fees not paid by 31 December 2022 will be subjected to 8% GST from 1 January 2023.

Please refer to the list below for Debit Card Annual Fees from 1 January 2023:

Debit card type PERSONAL BANKING

(inclusive of 8% GST)

PRIORITY BANKING

(inclusive of 8% GST)

Bonus$aver Debit Card S$20 Waived
XtraSaver Debit Card S$20 Waived

 

Thank you for banking with Standard Chartered.