BIZPOWER QUAD+ CURRENT ACCOUNT

makes managing your business

easier

Highlight & Benefits



Higher earnings, higher discounts, and higher savings

 

Our Premier Business Current Account makes managing your business easier while rewarding you with interest of up to 2.08% per annum. We understand the need to flourish and grow your business, so let us help you the best way we can. Get higher returns, discounts and savings with the RHB BizPower Quad+ Current Account.

 



High interest rates for you to reach your goals

 

There is a lot of hard work that goes into managing a business. Allow us to make things easier for you. As you efficiently manage your transactions, you will be earning one of the highest rates in the market, making you that much closer to reaching your goals.



Great returns & flexible options

 

Make your money work as hard as you. With the RHB BizPower Quad+ Current Account, you will see your funds earn better returns from our preferential fixed deposit interest rates while you have easy and flexible fund transfer options. Each tier has its own attractive fixed deposit interest rates and tenures so you can choose the best option that meets your needs.
Minimum qualifying amounts for preferential fixed deposit rates are S$200,000 or US$200,000



Send & receive remittance globally

 

The BizPower Quad+ Current Account is ideal for you if your business requires receiving and sending money globally in a fast and secure way. We want you to enjoy Preferential Remittance and Foreign Exchange Rates with your account. To save you more money, we also 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.



More discounts for you

 

We want to help you save as much money as possible. So, along with your BizPower Quad+ Current Account, you will enjoy discounted Commission Rates/Handling Charges* for your Trade Services Transactions. Take advantage of these discounts so that you can save and grow your business.

 

Pay only 1/16% commission charge instead of the usual 1/8% commission for services such as Export LCs/Outward Bills Collection (i.e. DA/DP Negotiation)
*Subjected to a minimum amount of S$70 for SGD BizPower Quad+ Current Account and US$70 for USD BizPower Quad+ Current Account.



Higher earnings, higher discounts, and higher savings

 

Our Premier Business Current Account makes managing your business easier while rewarding you with interest of up to 2.08% per annum. We understand the need to flourish and grow your business, so let us help you the best way we can. Get higher returns, discounts and savings with the RHB BizPower Quad+ Current Account.

 



High interest rates for you to reach your goals

 

There is a lot of hard work that goes into managing a business. Allow us to make things easier for you. As you efficiently manage your transactions, you will be earning one of the highest rates in the market, making you that much closer to reaching your goals.



Great returns & flexible options

 

Make your money work as hard as you. With the RHB BizPower Quad+ Current Account, you will see your funds earn better returns from our preferential fixed deposit interest rates while you have easy and flexible fund transfer options. Each tier has its own attractive fixed deposit interest rates and tenures so you can choose the best option that meets your needs.
Minimum qualifying amounts for preferential fixed deposit rates are S$200,000 or US$200,000



Send & receive remittance globally

 

The BizPower Quad+ Current Account is ideal for you if your business requires receiving and sending money globally in a fast and secure way. We want you to enjoy Preferential Remittance and Foreign Exchange Rates with your account. To save you more money, we also 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.



More discounts for you

 

We want to help you save as much money as possible. So, along with your BizPower Quad+ Current Account, you will enjoy discounted Commission Rates/Handling Charges* for your Trade Services Transactions. Take advantage of these discounts so that you can save and grow your business.

 

Pay only 1/16% commission charge instead of the usual 1/8% commission for services such as Export LCs/Outward Bills Collection (i.e. DA/DP Negotiation)
*Subjected to a minimum amount of S$70 for SGD BizPower Quad+ Current Account and US$70 for USD BizPower Quad+ Current Account.

SGD vs USD Account Comparison

SGD
BizPower Quad+

USD
BizPower Quad+

Min. Initial Deposit

SGD 30,000

USD 30,000

Min. average daily balance

SGD 30,000

USD 30,000

Fall - below fee

SGD 80

USD 80

Interest Rates

Deposit Balance (SGD) Interest Rates
( p.a. )
First 1 million 0.80%
Above 1 million to 3 million 2.08%
Remaining balance above 3 million 0.30%
Deposit Balance (USD) Interest Rates
( p.a. )
From 0 and above 0.68%
   
   

Early account closure fee
( within 6 months )

SGD 200

USD 200

Cheque

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

No cheque clearing fees
 

First 2 cheque books free ( 50 leaves )
US$25 per cheque book ( for each subsequent cheque book )
No cheque clearing fees

*Interest rates are subject to change without notice.

Account Charges (Singapore Dollar Accounts)

Fees

Current Account

BizPower Quad Current Account

BizPower Quad + Current Account

Interest Rates (p.a.)*

Non-interest bearing account

0.188% (Capped at S$10,000,000 balances)

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

N/A

S$20,000

S$30,000

Early Account Closure Fee (Within 6 months)

S$40

S$60

S$200

Minimum Charge on Incidental Overdraft (AC without overdraft facility)

Prime + 5% p.a. payable on overdrawn amount OR minimum S$30, whichever is higher

Cheque Books

S$25 per cheque book (50 leaves)

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

First 2 cheque books free (50 leaves) S$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

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$75,000 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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