Business$aver
Product Description
- Current account that offers high interest rates with full liquidity
- Ideal for businesses with surplus funds
- Available in both SGD and USD
Key Product Features
- High interest rates with full liquidity
- Free cheque books
- Free door-step banking courier service for pick-up of cheques & documents
SGD Business$aver Account
| Balance Tier | Interest Rates |
| S$1-S$50,000 | 0.018% p.a. |
| S$50,001-S$500,000 | 0.018% p.a. |
| S$500,001-S$2,000.000 | 0.108% p.a. |
| S$2,000.001 or above | 0.108% p.a. |
Note:
- These rates are effective from 1 October 2011.
- Standard Chartered Bank, Singapore (the “Bank”) pays interest on the Business$aver Accounts held with the Bank on a tiered basis. For example, if the credit balance in your SGD Business$aver Account is S$600,000 the Bank will pay interest on the first S$50,000 at the rate of 0.018% per annum, the next S$450,000 at 0.018% per annum, and the balance S$100,000 at 0.108% per annum. The interest payable shall be computed on the end-of-day balance in the account on a daily basis, and shall be credited to your Business$aver Account monthly.
USD Business$aver Account
| Balance Tier | Interest Rates |
| US$1-US$50,000 | 0.118% p.a. |
| US$50,001-US$500,000 | 0.118% p.a. |
| US$500,001-US$2,000.000 | 0.218% p.a. |
| US$2,000.001 or above | 0.318% p.a. |
Note:
- These rates are effective from 12 August 2009.
- Standard Chartered Bank, Singapore (the “Bank”) pays interest on the Business$aver Accounts held with the Bank on a tiered basis. For example, if the credit balance in your USD Business$aver Account is US$2,100,000, the Bank will pay interest on the first US$50,000 at the rate of 0.118% per annum, the second US$450,000 at 0.118% per annum, the next US$1,500,000 at 0.218% per annum and the balance US$100,000 at 0.318% per annum. The interest payable shall be computed on the end-of-day balance in the account on a daily basis, and shall be credited to your Business$aver Account monthly.
Terms and Conditions apply.
Suitable For
- Sole Proprietors / Partnerships / Private Limited Companies
- MCST / Charities / Non-profit Organisations
- Customers looking to maximize interest on surplus funds
Documents Needed
- Commercial Account Opening Form
- Mandate / Schedule with authorised signatures
- Photocopy of NRIC / Passport of at least 2 directors (including Managing Director), all Principal Shareholders (with 20% or more voting rights of the company), and all authorised signatories
- Memorandum & Articles of Association



