Revision of Bank Transaction Charges
Please be informed that with effect from 1 November 2009, the charges for the following services will be revised:
- Safe Deposit Box Annual Rental Rate
- Foreign Currency (FCY) Cash Deposits
- Foreign Currency Cash Withdrawals
- Debit Card Overseas Transaction Fee
1. Safe Deposit Box Annual Rental Rate
Battery Road Branch
| Box size in inches | Revised Annual Rental Rate from 1 November 2009 |
| 4.75" x 3.5" x 20.0" | $150 |
| 7.5" x 3.5" x 20.0" | $250 |
| 8.0" x 4.0" x 24.0" | $300 |
| 7.5" x 7.5" x 18.75" | $400 |
| 10.0" x 5.0" x 24.0" | $450 |
| 15.0" x 7.5" x 18.75" | $600 |
| 16.0" x 8.0" x 24.0" | $700 |
| 20.0" x 10.0" x 24.0" | $800 |
Scotts Mall Branch
| Box size in inches | Revised Annual Rental Rate from 1 November 2009 |
| 4.0" x 3.2" x 20.5 | $150 |
| 6.8" x 3.2" x 20.5" | $200 |
| 9.2" x 4.2" x 20.5" | $300 |
| 14.5” x 7.3” x 20.5” | $600 |
2. Foreign Currency (FCY) Cash Deposits
| Revised charges from 1 November 2009 | |
| Deposits (in cash) in FCY to same currency account | 1.5% repatriation fee, Min. US$15 equivalent |
3. Foreign Currency Cash Withdrawals
| Revised charges from 1 November 2009 | |
| Withdrawals (in cash) in FCY to same currency account | 1.5% commission, Min. US$5 equivalent |
4. Debit Card Overseas Transaction Fee
| Revised charges from 1 November 2009 | |
| Debited from account when a FCY transaction is made on the debit card. | 2.5% of transaction amount |