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Standard Chartered is among the top three foreign banks in Singapore. We have a network of 20 branches across the island -- a favourable competitive factor, considering that the typical foreign bank has a maximum of 3 branches. Our range of corporate banking services includes trade finance, cash management, custodial services, consumer finance and asset financing.

In 1999, Standard Chartered was one of the four pioneering banks to receive the coveted Qualifying Full Bank (QFB) licence. This strongly endorses SCB's unique commitment to Singapore and our continuing membership in the Republic's banking premier league.

Singapore's currency is the Singapore Dollar (SWIFT Code SGD). Standard Chartered is one of the 124 commercial banks and 80 merchant banks licensed to offer foreign currency (non-SGD) transactions, of which USD is the most common. Rates in the market are closely linked to those of the Euro-currency market.

SCB is one of 30 banks participating in the US Dollar Clearing System in Singapore. Cheques drawn on local banks participating in the clearing system are cleared through the Automated Clearing House in Singapore. This simplifies and shortens the process for companies needing to pay or receive USD locally.

Standard Chartered fully understands the importance of time, convenience and efficiency to the success of your business. We aim to make a complex financial world easy for you and help you maximise your opportunities.

With over 140 years of experience in the trade finance business and an extensive international branch network, we provide a comprehensive range of flexible and innovative services wherever in the world you do business. We are committed to helping you succeed in a competitive environment. Our products and services are constantly evolving to keep pace with your needs and to fit the way you do business.

Please feel free to talk to us or email us on your business requirements and we can give you innovative solutions to your banking needs.

 
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