Rates & Charges
Be it paying for an overseas purchase or sending money to a studying child, Telegraphic Transfer is the perfect tool to send foreign currency overseas in a timely and secure manner. The benefits of TT are:
On Demand rates are applied when purchasing or selling of demand draft, foreign cheque and etc. It is a cheaper method for payments made overseas and funds are cleared through our correspondents in major cities around the world.
Account Charges
Fees |
Current Account |
BizPower Quad |
BizPower Quad+ |
|
Interest Rates |
Non-interest bearing account |
0.188% |
Amount |
Interest Rate |
First 1 million |
0.8% |
|||
Above S$1 million to S$3 million |
2.08% |
|||
Remaining balance > S$3 million |
0.30% |
|||
Initial Deposit |
S$3,000 |
S$1,000 |
S$30,000 |
|
Minimum Average Daily Balance |
S$10,000 |
S$5,000 |
S$30,000 |
|
Fall-below Fee |
S$38 |
S$38 |
S$80 |
|
Minimum Average Daily Balance to qualify for interest |
NA |
S$20,000 |
S$30,000 |
|
Early Account Closure Fee |
S$40 |
S$60 |
S$200 |
|
Minimum Charge on Incidental Overdraft |
Prime + 5% p.a. payable on overdrawn amount OR minimum S$30, whichever is higher |
|||
Cheque Books |
S$25 per cheque book |
First 2 cheque books free ( 50 leaves ) |
||
Account Periodic Review Fees |
Minimum S$500 (or equivalent) |
|||
Account Setup Fee |
A one-time setup fee may apply |
Fees |
FCY Current Account |
BizPower Quad |
BizPower Quad+ |
||
Interest Rates |
Non-interest bearing account |
0.012% (no cap) |
Amount |
Interest Rate |
|
From US$0 and above |
0.68% |
||||
Initial Deposit |
USD |
2,000 |
US$1,000 |
US$30,000 |
|
GBP |
1,000 |
||||
AUD |
3,000 |
||||
EUR |
3,000 |
||||
NZD |
3,000 |
||||
CAD |
3,000 |
||||
JPY |
300,000 |
||||
CHF |
3,000 |
||||
HKD |
10,000 |
||||
Minimum Average Daily Balance |
USD |
2,000 |
US$3,000 |
US$30,000 |
|
GBP |
1,000 |
||||
AUD |
3,000 |
||||
EUR |
3,000 |
||||
NZD |
3,000 |
||||
CAD |
3,000 |
||||
JPY |
300,000 |
||||
CHF |
3,000 |
||||
HKD |
10,000 |
||||
Fall-below Fee |
USD |
38 |
US$38 |
US$80 |
|
GBP |
5 |
||||
AUD |
10 |
||||
EUR |
10 |
||||
NZD |
10 |
||||
CAD |
10 |
||||
JPY |
1,000 |
||||
CHF |
10 |
||||
HKD |
50 |
||||
Minimum Average Daily Balance to qualify for interest |
NA |
US$20,000 |
US$30,000 |
||
Early Account Closure Fee |
USD |
50 |
US$50 |
US$200 |
|
GBP |
25 |
||||
AUD |
50 |
||||
EUR |
50 |
||||
NZD |
50 |
||||
CAD |
50 |
||||
JPY |
5,000 |
||||
CHF |
50 |
||||
HKD |
250 |
||||
Minimum Charge on Incidental Overdraft |
USD Prime (5.25%) + TOD Rate (5% p.a.) payable on overdrawn amount OR minimum USD10, whichever is higher |
||||
Cheque Books |
US$25 per cheque book |
First 2 cheque books free (50 leaves) |
|||
Account Periodic Review Fees |
Minimum S$500 (or equivalent) |
||||
Account Setup Fee |
A one-time setup fee may apply |
Fees |
FCY Current Account |
|
Initial Deposit |
USD |
2,000 |
GBP |
1,000 |
|
AUD |
3,000 |
|
NZD |
3,000 |
|
EUR |
3,000 |
|
Minimum Average Daily Balance |
USD |
2,000 |
GBP |
1,000 |
|
AUD |
3,000 |
|
NZD |
3,000 |
|
EUR |
3,000 |
|
Fall-below Fee |
USD |
15 |
GBP |
10 |
|
AUD |
15 |
|
NZD |
15 |
|
EUR |
15 |
|
Early Account Closure Fee |
USD |
30 |
GBP |
20 |
|
AUD |
30 |
|
NZD |
30 |
|
EUR |
30 |
|
Account Periodic Review Fees |
Minimum S$500 (or equivalent) |
|
Account Setup Fee |
A one-time setup fee may apply |
Current Account |
BizPower Quad Current Account |
BizPower Quad+ Current Account |
|
Tenor |
1 to 36 months |
1 to 36 months |
1 to 36 months |
Min. Placement Amount |
S$5,000 |
S$50,000 |
S$200,000 |
Current Account |
BizPower Quad Current Account - USD |
BizPower Quad+ Current Account - USD |
|
Currencies Available |
USD |
USD |
USD |
Tenor |
Up to 24 months |
1 to 12 months |
1 to 24 months |
Min. Placement Amount |
S$5,000 equivalent |
US$30,000 |
US$200,000 |
Transaction Fee
Nil
Direct Mark Cheques (CTS)
S$100 per cheque
Retrieval of Cheque Images (Per Image)
S$50
Payment Stop Cheques
SGD |
FCY |
|
For stopped payment |
S$30 per cheque |
US$20 per cheque |
For lost cheques/ chequebooks |
S$50 per request |
Outward Return Cheques
SGD |
FCY |
|
Due to insufficient funds |
S$50 per cheque |
US$30 per cheque |
Due to technical reasons |
S$10 per cheque |
US$10 per cheque |
Foreign Cheque Deposits
Drawn on banks outside Singapore |
1/8% commission (minimum S$20, maximum S$100 equivalent) + postage + agent fee, if any. Commission-in-lieu of exchange 1/8% (minimum S$50). |
Drawn on banks in Singapore |
Free |
Withdrawal
Cheques issued and are presented to us for payment from overseas |
1/8% commission (minimum S$20, there is no maximum commission to be charged) |
Cheque Book Postage
Prior to 25 April 2022 |
With effect 25 April 2022 |
|
Normal Mail |
Free |
Free |
Registered Mail |
S$5 |
S$5 |
Urgent Mail |
S$20 |
S$25 |
Courier Service |
NA |
S$20 |
Transaction Charges
Telegraphic Transfer |
Normal Current Account |
BizPower Quad / Quad + Current Account |
|
Credit into RHB Account |
SGD |
10 |
Free |
USD |
5 |
||
GBP |
3 |
||
AUD |
5 |
||
EUR |
5 |
||
NZD |
5 |
||
CAD |
5 |
||
JPY |
500 |
||
CHF |
5 |
||
HKD |
25 |
||
Credit into SGD Account drawn on RHB account |
Free |
||
Encashment exceeding S$250,000 per Demand Draft / Telegraphic Transfer for Non-A/C Holder Moneychanger |
S$100 per Demand Draft / Telegraphic Transfer |
Demand Draft
Credit into SGD Account drawn on RHB account |
Free |
MEPS+
MEPS+ Payments |
Branch |
Reflex |
Payments made by MEPS+ to non-RHB account |
S$20 per transaction |
S$15 per transaction |
Cashier’s Cheques
Issuance |
SGD |
USD |
Payment to Account Holder’s own name |
Free |
Free |
Payment to Third Party / Non-Account Holder |
S$10 per cheque |
US$10 per cheque |
Replacement / Cancellation / Amendment |
SGD |
USD |
Payment to Account Holder’s own name |
S$5 per cheque |
US$5 per cheque |
Payment to Non-Account Holder |
S$10 per cheque |
US$10 per cheque |
Payment Stop Request |
SGD |
USD |
S$20 per request |
US$20 per request |
Standing Instructions
Handling Fee |
||
By Customer |
S$10 |
|
By Charitable Organisation |
Free (up to 10 customers) |
|
For Loan Account |
Free |
|
For Salary Payment |
No. of Recipients |
Charges (per occasion) |
1 |
S$5 |
|
2 - 20 |
S$20 |
|
21 - 50 |
S$40 |
|
51 - 100 |
S$80 |
|
101 - 150 |
S$100 |
|
151 - 200 |
S$120 |
|
More than 200 |
S$150 |
|
Amendment |
S$5 per amendment |
Demand Drafts
Issuance |
Account Holder |
Non-Account Holder |
Issued in FCY / S$ against payment in S$ |
1/8% commission (minimum S$10, maximum S$100) |
1/8% commission (minimum S$20, maximum S$100) |
Issued in FCY against payment in the same currency |
1/8% commission (minimum S$10, maximum S$100) |
1/8% commission (minimum S$20, maximum S$100) |
Replacement / Cancellation / Refund / Amendment |
S$20 + cable: S$20 + agent bank charges, if any |
|
Payment Stop Request |
S$20 + cable: S$20 + agent bank charges, if any |
RHB Reflex Charges
One Time Set Up
Waived
Monthly Subscription Fee
Waived
Token
Up to first 2 tokens free
Additional / lost token at S$20 each (GST inclusive)
Free replacement token due to battery malfunction
Customised Authorisation Setup
S$250 (One Time Charge)
Monthly Recurring Fees
View only module
Waived
Financial Transactions modules
Waived
Local Payments
Transfer to Own
Waived
Transfer to 3rd Party
Waived
FAST
S$0.50 per transaction
GIRO
S$0.20 per transaction
MEPS
S$15.00 per transaction
Overseas Payment
Telegraphic Transfer
1/8% commission (minimum S$10, maximum S$100) + cable charge S$20 + agent fee (if applicable)
Audit Confirmation
Customer that has multiple accounts with RHB Bank will only be charged a one-time fee of S$50 (or equivalent in other currency) for each Audit Confirmation request.
SGD |
FCY |
S$50 per request |
US$40 per request |
Request for AC Statement
Less than 1 year (per statement month) |
1 - 3 years (per statement month) |
More than 3 years (per statement month) |
|
SGD |
20 |
30 |
50 |
USD |
15 |
25 |
40 |
GBP |
15 |
25 |
40 |
AUD |
15 |
25 |
40 |
EUR |
15 |
25 |
40 |
NZD |
15 |
25 |
40 |
CAD |
20 |
30 |
50 |
JPY |
1,600 |
2,300 |
4,000 |
CHF |
15 |
25 |
40 |
HKD |
115 |
170 |
280 |
Request for CA Document
Less than 1 year |
1 - 3 years |
More than 3 years |
S$20 per document + retrieval cost |
S$30 per document |
S$50 per document |
Ad Hoc Loan Statement Request
SGD |
FCY |
S$20 per statement |
US$15 (or equivalent) per statement |
MT103 Request
SGD |
FCY |
S$15 per copy |
US$10 per copy |
ROC search for Corporate Accounts
S$20 + Cost S$5 per search
Coin Deposits
S$1 per 100 pieces or part thereof
Coin Withdrawal / Exchange
Withdrawal
S$1 per 100 pieces or part thereof
Exchange
S$1 per S$50 or part thereof per day
Bulk Notes Deposit
First 1,000 pieces
Free
Thereafter
S$3 per 100 pieces or part thereof
(Not applicable for deposit with denominations of S$100 & above)
Advising of Letters of Credit / Amendment |
|
Preliminary Advice |
Waived |
Brief |
Waived |
Full |
S$30 flat |
Amendment |
S$30 flat |
Confirmation of LC |
Min-1/8% per month or part thereof, Min S$150 |
Negotiation |
1/8% Flat, Min S$100 |
Reimbursements |
S$100 flat |
Acceptance of Draft Bills under usance LC issued by banks outside Singapore where RHB Bank is the accepting bank. *or part thereof - refers to 3 days grace, otherwise entire charges for the month applies. |
1/8% (per month) or part thereof* from date of acceptance to the maturity date of bill. Min S$100 Countersign Indemnity 1/8% Flat, Min S$150 Max 2 months |
Countersign Indemnity |
1/8% Flat, Min S$150 |
Advising of Letters of Credit / Amendment |
|
Preliminary Advice |
Waived |
Brief |
Waived |
Full |
S$30 flat |
Amendment |
S$30 flat |
Confirmation of LC |
Min-1/8% per month or part thereof, Min S$150 |
Negotiation |
1/8% Flat, Min S$100 |
Reimbursements |
S$100 flat |
Acceptance of Draft Bills under usance LC issued by banks outside Singapore where RHB Bank is the accepting bank. *or part thereof - refers to 3 days grace, otherwise entire charges for the month applies. |
1/8% (per month) or part thereof* from date of acceptance to the maturity date of bill. Min S$100 Countersign Indemnity 1/8% Flat, Min S$150 Max 2 months |
Countersign Indemnity |
1/8% Flat, Min S$150 |
Handling Charges - for amendments, on bill amount, whichever is higher |
1/8% Flat, Min S$90 |
Holding Fee |
S$50 per month |
Clean Collection / Cheque |
1/8% Flat, Min S$20, Max S$100 |
Issuance
Irrevocable / Back to Back |
1/8% per month, Min 1/4% |
Revolving Reinstatement |
1/8% per month, Min 1/4% |
Pre Advice |
S$50 Flat |
Lengthy Docs |
Subject to bank discretion |
Amendment
Extend Validity |
1/8% per month on o/s balance, Min $90 |
Increase Value (Incremental Value) |
1/8% per month, Min 1/4% or $90 |
Others - Cancellation |
S$80 Flat |
Others - T&C |
S$80 Flat |
Acceptance Commission - Usance LC |
LC expiry date till maturity date 1/8% per month or part thereof min S$90 |
Discrepancy Fees |
S$100 Flat or equivalent for Bills in Foreign Currency |
Document Checking Fee |
S$80 Flat |
Amount Overdrawn |
1/8% per month on excess portion, Min S$90 |
Drawing against expired LC |
1/8% per month from LC expiry date to payment date, Min S$90 |
Local LC in SGD
1/8% on bill amount, Min S$90 or equivalent
Local LC in Foreign Currency
Payment in SGD |
1/8%, Min S$90 |
Payment in Foreign Currency |
1/8%, Min S$90 +1/8% in lieu of exchange Min S$80 or US$60 |
Inward Collection Bill
Presentation Fee |
|
First Presentation |
Free |
Subsequent |
S$30 Each |
Docs released free of payment |
1/8% Flat, Min S$90 |
Holding Fee |
S$50 per month |
Protest Charges + Protest Fee Charges |
S$100 + protest fee |
Invoice Finance Handling |
1/8%, Min S$100 |
Under own LC |
S$80 flat |
Under IBC Collection |
S$100 flat |
Bills not routed through bank |
1/8% Flat, Min S$90 |
Standard Performance Guarantee Obligation |
up to 1 year : 1.25% p.a. or Min S$100 |
Payment in Foreign Currency |
up to 2 years: 1.75% p.a. or Min S$100 |
Standard Issuance - Financial Obligation |
2.00% p.a. or Min S$100 |
Non Standard Issuance - Financial Obligation |
2.50% p.a. or Min S$100 |
Increase Tenor of Value |
1% p.a., Min S$100 |
Non Standard Issuance |
S$50 + Standard Charges |
Vetting of Bank Guarantee |
Subject to Bank discretion - Min S$200 |
Amendments |
Tenor: Same as Issuance Commission, min S$100 |
Calculations on Custodian Fees:
Market |
Custodian Fees |
Equity Linked Notes |
Waived |
Bonds/ Notes / Equities |
0.20%p.a. of AUM Holdings in Custodian Account and subject to minimum of SGD $50 (deductable on 20th of January, April, July and October ) |
The above fees will be based on the market value as at month - end.
The above fees are subject to review from time to time at the discretion of the bank.
A minumum charge of SGD$50 (without GST) will be deducted as date mentioned above if the account remained active.
All fees and charges listed are subjected to Goods and Services Tax (GST).
The above fees will be deducted on the next business day if 20th of the month falls on a non-business day.
Commission-in-lieu |
1/8%, Min S$80 / US$60 |
Dishonour advice for OBC, OBP & IBC |
S$30 per advice |
Postage / Courier |
As per Incurred |
Tracers |
S$30 per advice |
The London Interbank Offered Rate (LIBOR), which serves as an interest rate benchmark across a number of financial products, is expected to be discontinued by the end of 2021. LIBOR (in all its underlying currencies) is expected to be replaced with overnight risk-free rates (RFRs).
The transition from LIBOR to RFRs arises from the global shift to improve the robustness and integrity of financial benchmarks. As part of this shift, the UK Financial Conduct Authority, which acts as the supervisory authority for LIBOR, stated that it would no longer compel banks to submit rates used for the calculation of LIBOR after 31 December 2021.
Alternative benchmark rates have been identified by the respective jurisdictions/countries to replace LIBORs and are set out in the table below. These risk free rates are all overnight interest rate benchmarks, and are based on actual transactions which may be secured or unsecured.
Be it paying for an overseas purchase or sending money to a studying child, Telegraphic Transfer is the perfect tool to send foreign currency overseas in a timely and secure manner. The benefits of TT are:
On Demand rates are applied when purchasing or selling of demand draft, foreign cheque and etc. It is a cheaper method for payments made overseas and funds are cleared through our correspondents in major cities around the world.
Account Charges
Fees |
Current Account |
BizPower Quad |
BizPower Quad+ |
|
Interest Rates |
Non-interest bearing account |
0.188% |
Amount |
Interest Rate |
First 1 million |
0.8% |
|||
Above S$1 million to S$3 million |
2.08% |
|||
Remaining balance > S$3 million |
0.30% |
|||
Initial Deposit |
S$3,000 |
S$1,000 |
S$30,000 |
|
Minimum Average Daily Balance |
S$10,000 |
S$5,000 |
S$30,000 |
|
Fall-below Fee |
S$38 |
S$38 |
S$80 |
|
Minimum Average Daily Balance to qualify for interest |
NA |
S$20,000 |
S$30,000 |
|
Early Account Closure Fee |
S$40 |
S$60 |
S$200 |
|
Minimum Charge on Incidental Overdraft |
Prime + 5% p.a. payable on overdrawn amount OR minimum S$30, whichever is higher |
|||
Cheque Books |
S$25 per cheque book |
First 2 cheque books free ( 50 leaves ) |
||
Account Periodic Review Fees |
Minimum S$500 (or equivalent) |
|||
Account Setup Fee |
A one-time setup fee may apply |
Fees |
FCY Current Account |
BizPower Quad |
BizPower Quad+ |
||
Interest Rates |
Non-interest bearing account |
0.012% (no cap) |
Amount |
Interest Rate |
|
From US$0 and above |
0.68% |
||||
Initial Deposit |
USD |
2,000 |
US$1,000 |
US$30,000 |
|
GBP |
1,000 |
||||
AUD |
3,000 |
||||
EUR |
3,000 |
||||
NZD |
3,000 |
||||
CAD |
3,000 |
||||
JPY |
300,000 |
||||
CHF |
3,000 |
||||
HKD |
10,000 |
||||
Minimum Average Daily Balance |
USD |
2,000 |
US$3,000 |
US$30,000 |
|
GBP |
1,000 |
||||
AUD |
3,000 |
||||
EUR |
3,000 |
||||
NZD |
3,000 |
||||
CAD |
3,000 |
||||
JPY |
300,000 |
||||
CHF |
3,000 |
||||
HKD |
10,000 |
||||
Fall-below Fee |
USD |
38 |
US$38 |
US$80 |
|
GBP |
5 |
||||
AUD |
10 |
||||
EUR |
10 |
||||
NZD |
10 |
||||
CAD |
10 |
||||
JPY |
1,000 |
||||
CHF |
10 |
||||
HKD |
50 |
||||
Minimum Average Daily Balance to qualify for interest |
NA |
US$20,000 |
US$30,000 |
||
Early Account Closure Fee |
USD |
50 |
US$50 |
US$200 |
|
GBP |
25 |
||||
AUD |
50 |
||||
EUR |
50 |
||||
NZD |
50 |
||||
CAD |
50 |
||||
JPY |
5,000 |
||||
CHF |
50 |
||||
HKD |
250 |
||||
Minimum Charge on Incidental Overdraft |
USD Prime (5.25%) + TOD Rate (5% p.a.) payable on overdrawn amount OR minimum USD10, whichever is higher |
||||
Cheque Books |
US$25 per cheque book |
First 2 cheque books free (50 leaves) |
|||
Account Periodic Review Fees |
Minimum S$500 (or equivalent) |
||||
Account Setup Fee |
A one-time setup fee may apply |
Fees |
FCY Current Account |
|
Initial Deposit |
USD |
2,000 |
GBP |
1,000 |
|
AUD |
3,000 |
|
NZD |
3,000 |
|
EUR |
3,000 |
|
Minimum Average Daily Balance |
USD |
2,000 |
GBP |
1,000 |
|
AUD |
3,000 |
|
NZD |
3,000 |
|
EUR |
3,000 |
|
Fall-below Fee |
USD |
15 |
GBP |
10 |
|
AUD |
15 |
|
NZD |
15 |
|
EUR |
15 |
|
Early Account Closure Fee |
USD |
30 |
GBP |
20 |
|
AUD |
30 |
|
NZD |
30 |
|
EUR |
30 |
|
Account Periodic Review Fees |
Minimum S$500 (or equivalent) |
|
Account Setup Fee |
A one-time setup fee may apply |
Current Account |
BizPower Quad Current Account |
BizPower Quad+ Current Account |
|
Tenor |
1 to 36 months |
1 to 36 months |
1 to 36 months |
Min. Placement Amount |
S$5,000 |
S$50,000 |
S$200,000 |
Current Account |
BizPower Quad Current Account - USD |
BizPower Quad+ Current Account - USD |
|
Currencies Available |
USD |
USD |
USD |
Tenor |
Up to 24 months |
1 to 12 months |
1 to 24 months |
Min. Placement Amount |
S$5,000 equivalent |
US$30,000 |
US$200,000 |
Transaction Fee
Nil
Direct Mark Cheques (CTS)
S$100 per cheque
Retrieval of Cheque Images (Per Image)
S$50
Payment Stop Cheques
SGD |
FCY |
|
For stopped payment |
S$30 per cheque |
US$20 per cheque |
For lost cheques/ chequebooks |
S$50 per request |
Outward Return Cheques
SGD |
FCY |
|
Due to insufficient funds |
S$50 per cheque |
US$30 per cheque |
Due to technical reasons |
S$10 per cheque |
US$10 per cheque |
Foreign Cheque Deposits
Drawn on banks outside Singapore |
1/8% commission (minimum S$20, maximum S$100 equivalent) + postage + agent fee, if any. Commission-in-lieu of exchange 1/8% (minimum S$50). |
Drawn on banks in Singapore |
Free |
Withdrawal
Cheques issued and are presented to us for payment from overseas |
1/8% commission (minimum S$20, there is no maximum commission to be charged) |
Cheque Book Postage
Prior to 25 April 2022 |
With effect 25 April 2022 |
|
Normal Mail |
Free |
Free |
Registered Mail |
S$5 |
S$5 |
Urgent Mail |
S$20 |
S$25 |
Courier Service |
NA |
S$20 |
Transaction Charges
Telegraphic Transfer |
Normal Current Account |
BizPower Quad / Quad + Current Account |
|
Credit into RHB Account |
SGD |
10 |
Free |
USD |
5 |
||
GBP |
3 |
||
AUD |
5 |
||
EUR |
5 |
||
NZD |
5 |
||
CAD |
5 |
||
JPY |
500 |
||
CHF |
5 |
||
HKD |
25 |
||
Credit into SGD Account drawn on RHB account |
Free |
||
Encashment exceeding S$250,000 per Demand Draft / Telegraphic Transfer for Non-A/C Holder Moneychanger |
S$100 per Demand Draft / Telegraphic Transfer |
Demand Draft
Credit into SGD Account drawn on RHB account |
Free |
MEPS+
MEPS+ Payments |
Branch |
Reflex |
Payments made by MEPS+ to non-RHB account |
S$20 per transaction |
S$15 per transaction |
Cashier’s Cheques
Issuance |
SGD |
USD |
Payment to Account Holder’s own name |
Free |
Free |
Payment to Third Party / Non-Account Holder |
S$10 per cheque |
US$10 per cheque |
Replacement / Cancellation / Amendment |
SGD |
USD |
Payment to Account Holder’s own name |
S$5 per cheque |
US$5 per cheque |
Payment to Non-Account Holder |
S$10 per cheque |
US$10 per cheque |
Payment Stop Request |
SGD |
USD |
S$20 per request |
US$20 per request |
Standing Instructions
Handling Fee |
||
By Customer |
S$10 |
|
By Charitable Organisation |
Free (up to 10 customers) |
|
For Loan Account |
Free |
|
For Salary Payment |
No. of Recipients |
Charges (per occasion) |
1 |
S$5 |
|
2 - 20 |
S$20 |
|
21 - 50 |
S$40 |
|
51 - 100 |
S$80 |
|
101 - 150 |
S$100 |
|
151 - 200 |
S$120 |
|
More than 200 |
S$150 |
|
Amendment |
S$5 per amendment |
Demand Drafts
Issuance |
Account Holder |
Non-Account Holder |
Issued in FCY / S$ against payment in S$ |
1/8% commission (minimum S$10, maximum S$100) |
1/8% commission (minimum S$20, maximum S$100) |
Issued in FCY against payment in the same currency |
1/8% commission (minimum S$10, maximum S$100) |
1/8% commission (minimum S$20, maximum S$100) |
Replacement / Cancellation / Refund / Amendment |
S$20 + cable: S$20 + agent bank charges, if any |
|
Payment Stop Request |
S$20 + cable: S$20 + agent bank charges, if any |
RHB Reflex Charges
One Time Set Up
Waived
Monthly Subscription Fee
Waived
Token
Up to first 2 tokens free
Additional / lost token at S$20 each (GST inclusive)
Free replacement token due to battery malfunction
Customised Authorisation Setup
S$250 (One Time Charge)
Monthly Recurring Fees
View only module
Waived
Financial Transactions modules
Waived
Local Payments
Transfer to Own
Waived
Transfer to 3rd Party
Waived
FAST
S$0.50 per transaction
GIRO
S$0.20 per transaction
MEPS
S$15.00 per transaction
Overseas Payment
Telegraphic Transfer
1/8% commission (minimum S$10, maximum S$100) + cable charge S$20 + agent fee (if applicable)
Audit Confirmation
Customer that has multiple accounts with RHB Bank will only be charged a one-time fee of S$50 (or equivalent in other currency) for each Audit Confirmation request.
SGD |
FCY |
S$50 per request |
US$40 per request |
Request for AC Statement
Less than 1 year (per statement month) |
1 - 3 years (per statement month) |
More than 3 years (per statement month) |
|
SGD |
20 |
30 |
50 |
USD |
15 |
25 |
40 |
GBP |
15 |
25 |
40 |
AUD |
15 |
25 |
40 |
EUR |
15 |
25 |
40 |
NZD |
15 |
25 |
40 |
CAD |
20 |
30 |
50 |
JPY |
1,600 |
2,300 |
4,000 |
CHF |
15 |
25 |
40 |
HKD |
115 |
170 |
280 |
Request for CA Document
Less than 1 year |
1 - 3 years |
More than 3 years |
S$20 per document + retrieval cost |
S$30 per document |
S$50 per document |
Ad Hoc Loan Statement Request
SGD |
FCY |
S$20 per statement |
US$15 (or equivalent) per statement |
MT103 Request
SGD |
FCY |
S$15 per copy |
US$10 per copy |
ROC search for Corporate Accounts
S$20 + Cost S$5 per search
Coin Deposits
S$1 per 100 pieces or part thereof
Coin Withdrawal / Exchange
Withdrawal
S$1 per 100 pieces or part thereof
Exchange
S$1 per S$50 or part thereof per day
Bulk Notes Deposit
First 1,000 pieces
Free
Thereafter
S$3 per 100 pieces or part thereof
(Not applicable for deposit with denominations of S$100 & above)
Advising of Letters of Credit / Amendment |
|
Preliminary Advice |
Waived |
Brief |
Waived |
Full |
S$30 flat |
Amendment |
S$30 flat |
Confirmation of LC |
Min-1/8% per month or part thereof, Min S$150 |
Negotiation |
1/8% Flat, Min S$100 |
Reimbursements |
S$100 flat |
Acceptance of Draft Bills under usance LC issued by banks outside Singapore where RHB Bank is the accepting bank. *or part thereof - refers to 3 days grace, otherwise entire charges for the month applies. |
1/8% (per month) or part thereof* from date of acceptance to the maturity date of bill. Min S$100 Countersign Indemnity 1/8% Flat, Min S$150 Max 2 months |
Countersign Indemnity |
1/8% Flat, Min S$150 |
Advising of Letters of Credit / Amendment |
|
Preliminary Advice |
Waived |
Brief |
Waived |
Full |
S$30 flat |
Amendment |
S$30 flat |
Confirmation of LC |
Min-1/8% per month or part thereof, Min S$150 |
Negotiation |
1/8% Flat, Min S$100 |
Reimbursements |
S$100 flat |
Acceptance of Draft Bills under usance LC issued by banks outside Singapore where RHB Bank is the accepting bank. *or part thereof - refers to 3 days grace, otherwise entire charges for the month applies. |
1/8% (per month) or part thereof* from date of acceptance to the maturity date of bill. Min S$100 Countersign Indemnity 1/8% Flat, Min S$150 Max 2 months |
Countersign Indemnity |
1/8% Flat, Min S$150 |
Handling Charges - for amendments, on bill amount, whichever is higher |
1/8% Flat, Min S$90 |
Holding Fee |
S$50 per month |
Clean Collection / Cheque |
1/8% Flat, Min S$20, Max S$100 |
Issuance
Irrevocable / Back to Back |
1/8% per month, Min 1/4% |
Revolving Reinstatement |
1/8% per month, Min 1/4% |
Pre Advice |
S$50 Flat |
Lengthy Docs |
Subject to bank discretion |
Amendment
Extend Validity |
1/8% per month on o/s balance, Min $90 |
Increase Value (Incremental Value) |
1/8% per month, Min 1/4% or $90 |
Others - Cancellation |
S$80 Flat |
Others - T&C |
S$80 Flat |
Acceptance Commission - Usance LC |
LC expiry date till maturity date 1/8% per month or part thereof min S$90 |
Discrepancy Fees |
S$100 Flat or equivalent for Bills in Foreign Currency |
Document Checking Fee |
S$80 Flat |
Amount Overdrawn |
1/8% per month on excess portion, Min S$90 |
Drawing against expired LC |
1/8% per month from LC expiry date to payment date, Min S$90 |
Local LC in SGD
1/8% on bill amount, Min S$90 or equivalent
Local LC in Foreign Currency
Payment in SGD |
1/8%, Min S$90 |
Payment in Foreign Currency |
1/8%, Min S$90 +1/8% in lieu of exchange Min S$80 or US$60 |
Inward Collection Bill
Presentation Fee |
|
First Presentation |
Free |
Subsequent |
S$30 Each |
Docs released free of payment |
1/8% Flat, Min S$90 |
Holding Fee |
S$50 per month |
Protest Charges + Protest Fee Charges |
S$100 + protest fee |
Invoice Finance Handling |
1/8%, Min S$100 |
Under own LC |
S$80 flat |
Under IBC Collection |
S$100 flat |
Bills not routed through bank |
1/8% Flat, Min S$90 |
Standard Performance Guarantee Obligation |
up to 1 year : 1.25% p.a. or Min S$100 |
Payment in Foreign Currency |
up to 2 years: 1.75% p.a. or Min S$100 |
Standard Issuance - Financial Obligation |
2.00% p.a. or Min S$100 |
Non Standard Issuance - Financial Obligation |
2.50% p.a. or Min S$100 |
Increase Tenor of Value |
1% p.a., Min S$100 |
Non Standard Issuance |
S$50 + Standard Charges |
Vetting of Bank Guarantee |
Subject to Bank discretion - Min S$200 |
Amendments |
Tenor: Same as Issuance Commission, min S$100 |
Calculations on Custodian Fees:
Market |
Custodian Fees |
Equity Linked Notes |
Waived |
Bonds/ Notes / Equities |
0.20%p.a. of AUM Holdings in Custodian Account and subject to minimum of SGD $50 (deductable on 20th of January, April, July and October ) |
The above fees will be based on the market value as at month - end.
The above fees are subject to review from time to time at the discretion of the bank.
A minumum charge of SGD$50 (without GST) will be deducted as date mentioned above if the account remained active.
All fees and charges listed are subjected to Goods and Services Tax (GST).
The above fees will be deducted on the next business day if 20th of the month falls on a non-business day.
Commission-in-lieu |
1/8%, Min S$80 / US$60 |
Dishonour advice for OBC, OBP & IBC |
S$30 per advice |
Postage / Courier |
As per Incurred |
Tracers |
S$30 per advice |
The London Interbank Offered Rate (LIBOR), which serves as an interest rate benchmark across a number of financial products, is expected to be discontinued by the end of 2021. LIBOR (in all its underlying currencies) is expected to be replaced with overnight risk-free rates (RFRs).
The transition from LIBOR to RFRs arises from the global shift to improve the robustness and integrity of financial benchmarks. As part of this shift, the UK Financial Conduct Authority, which acts as the supervisory authority for LIBOR, stated that it would no longer compel banks to submit rates used for the calculation of LIBOR after 31 December 2021.
Alternative benchmark rates have been identified by the respective jurisdictions/countries to replace LIBORs and are set out in the table below. These risk free rates are all overnight interest rate benchmarks, and are based on actual transactions which may be secured or unsecured.
© 2023 RHB Banking Group. All rights reserved.
90 Cecil Street
RHB Bank Building, Level 1
Singapore 069531
CALL CENTER
1800 323 0100
© 2023 RHB Banking Group. All rights reserved.