Highlight & Benefits
Banker's Guarantee
Spend and save anytime you want throughout the year, without worrying. The fastest and easiest way to protect your interest and offer assurance to your trade counterparts. Enjoy the benefit of competitive rates unrivalled by any other account on the market.
Rates & Charges
Banker's Guarantee
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 |
Documents Requirement
Banker’s Guarantee Form
This advertisement has not been reviewed by the Monetary Authority of Singapore.