Revision of Outward Telegraphic Transfer Charges from 1 January 2020

 

We would like to bring to your attention, revised charges for outward telegraphic transfer with effect from 1 January 2020.

 

Cable Charges

Existing Charges

Revised Charges with effect from 1 January 2020

Existing Charges

Revised Charges with effect from 1 January 2020

Account Type

Branches

Reflex (Internet Banking)

SGD Normal Current Account

S$20

S$30

S$20

No changes

SGD BizPower Quad / Quad+ Current Account

S$20

S$30

S$20

No changes

USD Normal Current Account

S$20

US$30

S$20

US$20

USD BizPower Quad / Quad+ Current Account

S$20

US$30

US$20

No changes
Applicable to new and existing customers.

 

Commission-in-lieu of Exchange#

Existing Charges

Revised Charges with effect from 1 January 2020

Existing Charges

Revised Charges with effect from 1 January 2020

Account Type

Branches

Reflex (Internet Banking)

All Accounts

$0

1/8%
(minimum S$10, maximum S$50)

$0

No changes
Applicable to new and existing customers.
# Commission-in-lieu of exchange is charged when the account and remitting currency is the same (i.e. no foreign exchange is involved).

 

For further queries, please call our Customer Call Centre at 1800‑323 0100 or email us at bizpower@rhbgroup.com.

Thank you.

 

 

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.