Foreign Currency Time Deposit
| Withdrawal | ||
| Demand Draft (DD) | ||
| • | Payable to own name | Free for first DD. For subsequent DDs, Remittance Commission applies.* |
| • | Payable to Third Party | Remittance commission applies.* |
| *TT/DD CILE is applicable when there is no foreign exchange involved. Note : Please refer to the Withdrawal (Remittance) table below for DD/ TT charges which are quoted in various currencies. | ||
| Telegraphic Transfer (TT) | ||
| • | Payable to own name | For first TT, Processing Fee applies and Agent Fee may apply. For subsequent TTs, Remittance Commission and Processing Fee apply.* |
| • | Payable to Third Party | Remittance Commission and Processing Fee apply.* |
| *TT/DD CILE is applicable when there is no foreign exchange involved. Note : Please refer to the Withdrawal (Remittance) table below for DD/ TT charges which are quoted in various currencies. | ||
| Conversion to Singapore Dollars | ||
| • | Credit to an account | Free |
| • | MEPS | S$20 |
| • | Cashier's Order | Free if made payable to own name. S$5 if made payable to Third Party |
| • | Early Withdrawal | Minimum US$15 |
Withdrawal (Remittance) | |||
| Currency | TT/DD Remittance Commission | TT - Processing Fee | TT/DD Commission In Lieu of Exchange (CILE) |
USD | 0.125% commission, min US$10, max US$50 | US$15 | 0.125% CILE on first US$50,000 & thereafter 0.0625%, min US$20, max US$200 |
GBP | 0.125% commission, min £5, max £25 | £10 | 0.125% CILE on first £25,000 & thereafter 0.0625%, min £10, max £100 |
AUD | 0.125% commission, min AU$10, max AU$50 | AU$15 | 0.125% CILE on first AU$50,000 & thereafter 0.0625%, min AU$25, max AU$200 |
HKD | 0.125% commission, min HK$50, max HK$400 | HK$100 | 0.125% CILE on first HK$400,000 & thereafter 0.0625%, min HK$150, max HK$1,500 |
JPY | 0.125% commission, min ¥1,000, max ¥5,000 | ¥1,500 | 0.125% CILE on first ¥5,000,000 & thereafter 0.0625%, min ¥2,000, max ¥20,000 |
EUR | 0.125% commission, | €10 | 0.125% CILE on first €25,000 & thereafter 0.0625%, min €15, max €100 |
CAD | 0.125% commission, min C$10, max C$50 | C$15 | 0.125% CILE on first C$50,000 & thereafter 0.0625%, min C$25, max C$200 |
NZD | 0.125% commission, min NZ$10, max NZ$50 | NZ$15 | 0.125% CILE on first NZ$50,000 & thereafter 0.0625%, min NZ$25, max NZ$200 |
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Our fees and charges listed above are effective from 1 July 2009. We will notify you of any changes by giving you 30 days' notice except where otherwise stated in the Terms and Conditions governing the Bank's relevant Products and Services.
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