BIZPOWER QUAD CURRENT ACCOUNT

Enhance your returns with a Premier Business Current Account

Highlight & Benefits



Manage and monitor your transactions as your business flourishes

 

Managing a business is no easy feat. That’s why at RHB, we want to make it simple and easy for you to keep tabs on your transactions while you take advantage of our competitive interest rates. Transfer funds at your convenience as you enjoy remittance and treasury privileges only available to BizPower Quad Current Account customers. We make things easier for you.

 



Business funds that work hard for you

 

With this account, you can efficiently manage your transactions. You will be earning some of the best interest rates in the market. Upon sign-up, you will also get 2 cheques books for free with no service charge.



Flexible with great returns

 

Watch your money grow with high fixed deposit interest rates that are exclusive to BizPower Quad Current Account customers only. In addition, you get to decide on the fixed deposit tenure, while having the flexibility of transferring funds.
Minimum qualifying amounts for preferential fixed deposit rates are S$50,000 or US$30,000.



Easy global remittance

 

The BizPower Quad Current Account is ideal for your company. We offer free inward telegraphic transfers into your BizPower Quad Current Account and a flat cable charge of S$20 or US$20 per transaction for your outward telegraphic transfers with the commission fees waived when you transact via REFLEX.



Cutting-edge financial advantage

 

Your business is important to us. With preferential exchange rates that are exclusive to BizPower Quad Current Account holders, we aim to give your business the financial edge it needs.



Manage and monitor your transactions as your business flourishes

 

Managing a business is no easy feat. That’s why at RHB, we want to make it simple and easy for you to keep tabs on your transactions while you take advantage of our competitive interest rates. Transfer funds at your convenience as you enjoy remittance and treasury privileges only available to BizPower Quad Current Account customers. We make things easier for you.

 



Business funds that work hard for you

 

With this account, you can efficiently manage your transactions. You will be earning some of the best interest rates in the market. Upon sign-up, you will also get 2 cheques books for free with no service charge.



Flexible with great returns

 

Watch your money grow with high fixed deposit interest rates that are exclusive to BizPower Quad Current Account customers only. In addition, you get to decide on the fixed deposit tenure, while having the flexibility of transferring funds.
Minimum qualifying amounts for preferential fixed deposit rates are S$50,000 or US$30,000.



Easy global remittance

 

The BizPower Quad Current Account is ideal for your company. We offer free inward telegraphic transfers into your BizPower Quad Current Account and a flat cable charge of S$20 or US$20 per transaction for your outward telegraphic transfers with the commission fees waived when you transact via REFLEX.



Cutting-edge financial advantage

 

Your business is important to us. With preferential exchange rates that are exclusive to BizPower Quad Current Account holders, we aim to give your business the financial edge it needs.

SGD vs USD Account Comparison

SGD
BizPower Quad

USD
BizPower Quad

Min. Initial Deposit

SGD 1,000

USD 1,000

Min. average daily balance

SGD 15,000

USD 15,000

Fall-below fee

SGD 50

USD 50

Interest Rate

0.188% p.a.

0.012% p.a.

Min. average daily balance to qualify for interest

SGD 20,000
(from 1st dollar, interest payable up to $10 million balances)

USD 20,000
(from 1st dollar, no cap)

Early account closure fee (within 6 months)

SGD 60

USD 50

Cheque

First 2 cheque books free (50 leaves)
S$25 per cheque book (for each subsequent cheque book)

S$0.75 per cheque issuance fee

First 2 cheque books free (50 leaves)
US$25 per cheque book (for each subsequent cheque book)
US$0.75 per cheque issuance fee

*Interest rates are subject to change without notice.

Account Charges

Foreign Currency Current Accounts

Fees

FCY Current Account

BizPower Quad Current Account – USD

BizPower Quad+ Current Account – USD

Interest Rates (p.a.)*

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$15,000

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$50

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

N/A

US$20,000

US$30,000

Early Account Closure Fee (Within 6 months)

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 (AC without overdraft facility)

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 (50 leaves)

First 2 cheque books free (50 leaves) US$25 per cheque book (for each subsequent cheque book)

First 2 cheque books free (50 leaves) US$25 per cheque book (for each subsequent cheque book)

Account Periodic Review Fees
(For Foreign Business Entity and Specific Business Entity)

Minimum S$500 (or equivalent)

Account Setup Fee

A one-time setup fee may apply

Foreign Currency Call Accounts

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 (Within 6 months)

USD

30

GBP

20

AUD

30

NZD

30

EUR

30

Account Periodic Review Fees
(For Foreign Business Entity and Specific Business Entity)

Minimum S$500 (or equivalent)

Account Setup Fee

A one-time setup fee may apply

Documents Requirement

Account Application Form for Existing Customers

Account Application Form for New Clients

Account Info Update Form

Corporate Account Request Form (Cheque Book/ Statement Request Form)

Corporate Account Closure Form

Corporate Account Fund Transfer Form

Remittance Form

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Disclaimer

All information is correct at time of publication. Other Terms and Conditions apply.

 
 
Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

 
 
Important Notice

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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