Important Notice
Please take note of the following:

(a) this document sets out the pricing information relating to the products and services that Standard Chartered Bank (Singapore) Limited (“Standard Chartered” or the Bank”) may make available to you;

(b) for trading and investments, you may be required to pay certain fees and charges. Please refer to the relevant investments and insurance products;

(c) in addition to the pricing information set out below, the Bank may levy a transaction fee / charge or earn a commission when executing certain transactions for your account. The Bank may also earn a mark-up or receive a monetary benefit when you transact in certain products;

(d) the pricing information set out in this document may not include all third-party charges. Such third-party charges are in addition to the pricing information set out in this document, and will be levied separately;

(e) if the Bank agrees to (i) provide a service or product to you and (ii) such product or service requires exceptional handling, the Bank has the right to levy extra fees/charges for the additional amount of work that the Bank is required to undertake;

(f) transactions involving certain assets and investment types may be subject to pricing which is different from that stated in this document. The Bank will inform you if the pricing for any transaction / investment exceeds the pricing information that is stated in this document;

(g) product costs and charges are associated with the manufacturing and managing of a financial instrument. Such costs and charges are incurred or specified by the manufacturer of that financial instrument and are either applied to that financial instrument or taken into account in the overall pricing of that financial instrument. The Bank generally quotes an “all-in” price for a transaction. Such “all-in” price includes such costs and charges, and sales and trading mark-ups (if any). If following such “all-in” price quotation for a transaction, the Bank is able to execute that transaction at a better interbank price, then the Bank will endeavour to pass on the benefit from such price improvement to you. Notwithstanding the foregoing, if the Bank in its discretion determines that it is not operationally feasible to pass on the benefit from such price improvement to you (applicable to FX Spot and FX over-the-counter derivatives contracts), the Bank shall be entitled to retain all of the benefit from such price improvement.

(h) goods and services tax (GST) will be charged by the Bank, where applicable;

(i) this document does not constitute an offer to sell or a solicitation to offer to buy or sell any securities or any other financial instrument, to effect any transaction or to provide any service. Please note that not all products and services are available to citizens or residents of all countries;

(j) with respect to securitised products, any product issuer / provider, bookrunner or arranger that has “Standard Chartered” in its name is an affiliate of Standard Chartered Bank;

(k) the Bank will act as principal when providing each type of product / investment / service described in Section 2 below to you, except that the Bank will act as agent with respect to the (i) sale or purchase of equities for your account and (ii) the sale or purchase of investment funds;

(l) the pricing information in this document is subject to change and the Bank will notify you of such changes from time to time with at least 30 days’ prior notice (provided that such changes are within the control of the Bank);

(m) the Bank may reduce its fees and charges from time to time at its discretion. The contract note for a transaction may also contain further disclosure of monetary benefits that may be applicable to such transaction. Please note that if there is any inconsistency between the information set out in (i) a contract note for a transaction and (ii) this document, the information set out in the contract note will prevail; and

(n) the benefits receivable as described in this document are subject to any pre-sale process and / or documentation providing otherwise.

Please be reminded that all trades are subject to:

• Brokerage Fees levied by Standard Chartered Bank (Singapore) Limited
• Market Fees levied by the respective Exchange

Please refer to the share transfer matrix below for guidance on the types of share transfers permitted.

In relation to the Central Securities Depositories Regulation (“CSDR”), the Bank, in its capacity as a custodian and direct participant, is required to offer our clients the choice between Omnibus Client Segregated Account (“OCSA”) and Individual Client Segregated Account (“ICSA”) at each Central Securities Depository within the European Economic Area for Mutual Funds/Hedge Funds, Structured Notes and Fixed Income products. Please note that the Bank may not be able to offer ICSA for all products. ICSA shall be subjected to the following fees.

The following fees will be deducted directly from the dividends and/ or redemption proceeds, and the net amount will be returned to you via cashier’s orders and/ or bank drafts. To avoid such charges, you may wish to open a current or savings account in the respective currencies for the crediting of your dividends and/ or redemption proceeds.

Click here to open an account of your choice.

¹Handling commission & commission in lieu is waived for Priority Banking customers for Online Outward Telegraphic Transfers.

² Reimbursement cover is applicable regardless of destination of transfer. For the avoidance of doubt, fees imposed by other banks may be applicable and shall be borne by the remitter.

³FAST allows a maximum of up to S$200,000 per day.

⁴For Priority Customers, fund transfers between Standard Chartered Bank (SCB) accounts will include the following fee waivers:

– Handling commission

– commission in lieu

– Reimbursement cover

Overseas bank charges are applicable (if any)

Note:

• Additional S$5 is applicable for AUD transfers.
• For online transfers, you (as the remitter) may choose from the following:

1) all charges (i.e. local bank charges and overseas bank charges) (“Charges”) of the remittance to be borne by you. The remittance amount and all Charges will therefore be debited from your Standard Chartered Bank account which you have specified as the source of funds for the Telegraphic Transfer (such account to be referred to as “Account”); or

2) all Charges to be borne by the payee as specified by you. Only the remittance amount will be debited from your Account. All Charges will be deducted from the remittance amount and your payee will receive the balance after such deduction.

• For the above purposes, “local bank charges” includes handling commissions, commissions in lieu, and reimbursement cover, as indicated above. “Overseas bank charges” is as indicated above and includes correspondent bank and/or beneficiary bank charges (if any).
• For Non-online, “Overseas bank charges” (including correspondent bank and/or intermediary bank charges) are applicable (if any).

Note:

For FCY drafts/cheques drawn on overseas banks and banks not participating in the Cheque Truncating System, the following charges are applicable, if any:

• 10 days’ overdraft interest
• Drawee bank charges
• Collection bank charges

Additional S$5 is applicable for AUD drafts/cheques.

Note:

• Effective 1 November 2023, the Bank will charge Payers (individuals who issued cheque) a cheque clearing fee for all cheques processed.
• There will be no fees for Retail Banking clients who are Payees (individuals receiving cheque as payment) until further notice.
• From 1 November 2023 to end-2025, cheque clearing fees will be waived for individual clients (main / primary account holder) who are 60 years old and above at the point that their cheques are processed.

¹ No finance charge will be levied if payment is received in full by the due date AND there is no balance carried forward from the previous statement. For EIR applicable to Credit Card Funds Transfer account(s), please refer to the Credit Card Funds Transfer Programme Terms and Conditions.

² Nominee refers to a nominated family member or friend who holds a credit card that is eligible to learn 360° Rewards Points and such credit card is valid, subsisting, and in good standing.

At least 22 days from billing/statement date.

Finance charges will be imposed on the outstanding balance on your statement if payment is not made in full by the due date, calculated from the date of the transaction to the date of full payment.

From 15 July 2022, no finance charges will be imposed on any fees billed to the card account (such as membership fee, late fee and any other fees charged by the Bank).

The minimum payment due applicable to all credit card accounts (including Credit Card Funds Transfer accounts) will be:

(i) the greater of either S$50 or 1% of principal (Including any instalments billed in current month); plus

(ii) interest, fees and charges; and

(iii) overlimit amount and past due amount (if any).

Outstanding balances that are below S$50 shall be repaid in full.

If the credit card is lost or stolen or if the PIN is disclosed, the cardholder’s maximum liability is capped at S$100 if the cardholder immediately notifies us in writing; assist in the recovery; furnish us a statutory declaration or a police report together with any other information we may require and we are satisfied that the loss, theft or disclosure of the credit card or the PIN is not due to the cardholder’s negligence or default. This limitation of liability does not apply to cash advances.

a) All foreign currency transactions (including overseas and online transactions) effected in US Dollars will be converted to Singapore Dollars on the date of conversion. All foreign currency transactions effected in a foreign currency other than US Dollars will be converted into US Dollars before being converted into Singapore Dollars (the converted Singapore Dollars amount). The exchange rate may differ from the rate in effect on the date of the transaction due to market fluctuations. Any rate imposed is final and conclusive and you bear all exchange risks, loss, commission, and other bank costs which may be incurred as a result. All conversions will be based on the prevailing wholesale interbank rates or the government-mandated rate, as shall be determined by the respective card associations, namely Visa Inc. (Visa) or Mastercard International (Mastercard).

b) In addition, all foreign currency transactions (including overseas and online transactions) charged to Visa / Mastercard cards will be subject to: (i) a prevailing charge of 1% of the converted Singapore Dollar amount representing the charge imposed by Visa / Mastercard on the transaction; and (ii) a prevailing fee of 2.5% of the converted Singapore Dollars amount

a) If your foreign currency transactions (including overseas and online transactions) are converted into Singapore Dollars via dynamic currency conversion, which is a service offered at selected overseas ATMs, websites or by certain merchants (“DCC”), you acknowledge and agree that the process of conversion and the exchange rate applied will be determined by the relevant DCC service provider and not by us.

b) In addition, all foreign currency transactions (including overseas and online transactions) converted via DCC will be subject to a prevailing charge of 1% of the transaction amount representing the charge imposed by Visa/Mastercard.

If you enter into Singapore Dollar transactions with: (i) a local merchant that routes its payment processing through an overseas intermediary; or (ii) a merchant that is registered by its acquiring bank (the Acquirer) as having been acquired overseas, regardless of where the merchant is actually located, such transactions will be subject to a prevailing charge of 1% of the relevant transaction amount representing the charge imposed by Visa/Mastercard. In both these cases the transaction is treated as a foreign currency transaction and the process of conversion and the exchange rate applied will be determined by the relevant payment processing intermediary or the Acquirer and not by us.

Finance charges will be imposed on the outstanding balance on your statement if payment is not made in full by the due date, calculated from the date of the transaction to the date of full payment.

From 15 July 2022, no finance charges will be imposed on any fees billed to the card account (such as membership fee, late fee and any other fees charged by the Bank).

The minimum payment due applicable to all Personal Loan accounts will be:

(i)   the approved monthly instalment amount; plus

(ii)  interest, fees, and charges; plus

(iii) overlimit and past due amount (if any).

Outstanding balances that are below S$50 shall be repaid in full.

Finance charges will be imposed on the outstanding balance on your statement if payment is not made in full by the due date, calculated from the date of the transaction to the date of full payment.

From 15 July 2022, no finance charges will be imposed on any fees billed to the card account (such as membership fee, late fee and any other fees charged by the Bank).

The minimum payment due applicable to all Personal Loan accounts will be:

(i) Statement billed monthly instalment amount (OR)

(ii) 1% of the approved monthly principal instalment amount or S$50 whichever is greater*;

(iii) Plus, any interest, fees, charges and any overlimit and past due balance.

Outstanding balances that are below S$50 shall be repaid in full.

Finance charges will be imposed on the outstanding balance on your statement if payment is not made in full by the due date, calculated from the date of the transaction to the date of full payment.

From 15 July 2022, no finance charges will be imposed on any fees billed to the card account (such as membership fee, late fee and any other fees charged by the Bank).

The minimum payment due applicable to all Debt Consolidation Facility accounts will be:

(i)   the approved monthly instalment amount; plus

(ii)  interest, fees, and charges; plus

(iii) overlimit and past due amount (if any).

Outstanding balances that are below S$50 shall be repaid in full.

Note:

2 times your monthly salary, up to S$100,000. You are given a maximum credit limit of 2 times your current monthly salary, or S$100,000, whichever is lower.  We reserve the right to grant and/or assign a lower credit limit.

If the outstanding balance is S$50 or more, your minimum monthly repayment will be:

(i) S$50; or

(ii) 1% of outstanding principal amount plus interest, fees and

charges, plus any amount in the account balance exceeding your credit limit, and any past due amount. whichever is higher. If the outstanding balance is less than S$50, the entire outstanding balance is payable by the due date.

If you have a credit balance in your account, you may be entitled to receive interest depending on the type of account. The rate of interest may be fixed or varied as we determine. We pay interest monthly or at other regular intervals that we determine.

This pricing guide does not cover interest rates on your Mortgage Facilities. If we vary the interest rate, we will do so by giving you at least 30 days’ notice before the variation takes effect and notifying you of the effective date of the revised interest rate. For more details, please refer to your Facility Letter for the respective Mortgage Facilities with us.

• If you would like to request for an early full settlement or an early full settlement quote, please send us a signed and completed form of the following:
  • • For customers: Early Full Settlement form
    • For car dealers: Early Full Settlement form and Dealer’s Indemnity form

Please mail or drop the completed form at any of our local branches.

• Requests for early full settlement quotes will be processed and mailed to you within 2 business days.
• For immediate payment of your full settlement amount, you may perform a FAST transfer of the funds directly to the repayment account. You may also drop off your payment via Cashier’s Order, Cheque, or Cash at any of our local branches (please expect a processing time of 3 business days). Your instructions will be processed upon receipt of your full payment and completed settlement form.
• For further queries, please visit our FAQ page or click here on ways to contact us.

Note:

1. All foreign currency transactions (including overseas and online transactions) effected in US Dollars will be converted to Singapore Dollars on the date of conversion. All foreign currency transactions effected in a foreign currency other than US Dollars will be converted into US Dollars before being converted into Singapore Dollars (the converted Singapore Dollars amount). The exchange rate may differ from the rate in effect on the date of the transaction due to market fluctuations. Any rate imposed is final and conclusive and you bear all exchange risks, loss, commission, and other bank costs which may be incurred as a result. All conversions will be based on the prevailing wholesale interbank rates or the government-mandated rate, as shall be determined by the respective card associations, namely Visa Inc. (Visa) or Mastercard International (Mastercard).
2. In addition, all foreign currency transactions (including overseas and online transactions) charged to Visa / Mastercard cards will be subject to: (i) a prevailing charge of 1% of the converted Singapore Dollar amount representing the charge imposed by Visa / Mastercard on the transaction; and (ii) a prevailing fee of 2.5% of the converted Singapore Dollars amount.

1. If your foreign currency transactions (including overseas and online transactions) are converted into Singapore Dollars via dynamic currency conversion, which is a service offered at selected overseas ATMs, websites or by certain merchants (DCC), you acknowledge and agree that the process of conversion and the exchange rate applied will be determined by the relevant DCC service provider and not by us.
2. In addition, all foreign currency transactions (including overseas and online transactions) converted via DCC will be subject to a prevailing charge of 1% of the transaction amount representing the charge imposed by Visa/Mastercard.

If you enter into Singapore Dollar transactions with: (i) a local merchant that routes its payment processing through an overseas intermediary; or (ii) a merchant that is registered by its acquiring bank (the Acquirer) as having been acquired overseas, regardless of where the merchant is actually located, such transactions will be subject to a prevailing charge of 1% of the relevant transaction amount representing the charge imposed by Visa/Mastercard. In both these cases the transaction is treated as a foreign currency transaction and the process of conversion and the exchange rate applied will be determined by the relevant payment processing intermediary or the Acquirer and not by us.

Note:

• Charges are on a per account per day basis

• Charges are waived for e$aver Kids! Account transactions

• Coin services are only available on Tuesdays and Thursdays, between:
– 11am to 1pm at selected branches located in shopping malls.
– 10am to 12pm at all other branches

Notes:

• Annual Rental Fee is subjected to the prevailing Goods and Services Tax (GST)
• With effect from 1 January 2024, the GST rate will be adjusted from 8% to 9%
• Any outstanding rental fees not paid by 31 December 2023 will be subjected to 9% GST from 1 January 2024 onwards
• Safe Deposit Locker service is only available at Battery Road Branch

* The Priority Banking Service Fee is automatically waived if you:

1. maintain a minimum of S$200,000 in deposits and/ or investments; or
2. maintain a minimum of S$1.5 million in housing loans with us.

Fees and charges may be chargeable for the Bank’s provision of selected Priority Banking services and are subject to change. Priority Banking membership is subject to you meeting our eligibility criteria. If the eligibility criteria are not met, we may at our discretion either: (a) Impose a fee (which will be deducted from any of your account(s) with us and you expressly authorise us to do so); or (b) Convert any or all of your household members, if any, who were accorded Priority Banking membership by us through the Household Recognition to Personal Banking relationship; or (c) Cease to or suspend the provision of any Priority Banking services until you meet the eligibility criteria. Priority Banking Services and Privileges International Terms and Conditions apply. Please visit www.sc.com/sg/terms-and-conditions/priority/ for full terms and conditions

1. Standard Chartered Bank (Singapore) Limited (“Standard Chartered” or the “Bank”) reserves the right to vary, modify, add, delete or otherwise revise any of these terms, at the Bank’s sole and absolute discretion, with or without prior notice or reason.
2. Please read this Pricing Guide in conjunction with the Bank’s Customer Terms, Current/ Cheque/Savings Account and Time Deposit Terms, Personal Loan/Personal Line of Credit/ Overdraft Terms, Governing Debt Consolidation Facility Terms, Credit Card Terms, and/ or such other terms as may be applicable or otherwise amended from time to time in the Bank’s sole and absolute discretion.
3. For the avoidance of doubt, all the information in this Pricing Guide is subject to the terms of our banking agreement, and all fees and charges are subject to change.
4. Unless otherwise stated, the meaning of key words printed like this and other words used in our banking agreement is explained in our Customer Terms, product terms and/ or such other terms as may be made available to you from time to time.