Foreign Currency Time Deposit

Withdrawal
Demand Draft (DD)


Payable to own nameFree for first DD.
For subsequent DDs, Remittance Commission applies.*
Payable to Third PartyRemittance 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 nameFor first TT, Processing Fee applies and Agent Fee may apply.
For subsequent TTs, Remittance Commission and Processing Fee apply.*
Payable to Third PartyRemittance 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 accountFree
MEPSS$20
Cashier's OrderFree if made payable to own name. S$5 if made payable to Third Party
Early WithdrawalMinimum 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,
min €5,
max €25

€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

Deposit
Cheque
Singapore Dollars/US Dollars Local Clearing Free
Sent for Collection 0.125% commission, subject to a minimum of US$20 and maximum of US$100.
Agent Fee may apply
Debited from an account Free
Telegraphic Transfer in foreign currency Free (Agent Fee may apply)

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.