RHB Singapore | Business rates and charges

Descriptions

Corporate Pricing Guide

Trade Finance

Foreign Exchanges Rates

Transition to Alternative Risk Free Rates

Tools

What are TT and OD?

Making payments easier for you.
Telegraphic Transfer (TT) and On Demand (OD) are forms of remittance that RHB Bank provides in order to conveniently aid your personal and business payments.

Telegraphic Transfer (TT)

Be it paying for an overseas purchase or sending money to a studying child, Telegraphic Transfer is the perfect tool to send foreign currency overseas in a timely and secure manner. The benefits of TT are:

Fast and safe way, as it goes from one bank to another and directly into an account
Easily traced if it gets lost

On Demand (OD)

On Demand rates are applied when purchasing or selling of demand draft, foreign cheque and etc. It is a cheaper method for payments made overseas and funds are cleared through our correspondents in major cities around the world.

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	NA	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 )
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

Foreign Currency Current Accounts

Fees	FCY Current Account		BizPower Quad Current Account - USD	BizPower Quad+ Current Account - USD
Interest Rates (p.a.)*	Non-interest bearing account		0.012% (no cap)	Amount	Interest Rate
Interest Rates (p.a.)*	Non-interest bearing account		0.012% (no cap)	From US$0 and above	0.68%
Initial Deposit	USD	2,000	US$1,000	US$30,000
	GBP	1,000
	AUD	3,000
	EUR	3,000
	NZD	3,000
	CAD	3,000
	JPY	300,000
	CHF	3,000
	HKD	10,000
Minimum Average Daily Balance	USD	2,000	US$3,000	US$30,000
	GBP	1,000
	AUD	3,000
	EUR	3,000
	NZD	3,000
	CAD	3,000
	JPY	300,000
	CHF	3,000
	HKD	10,000
Fall-below Fee	USD	38	US$38	US$80
	GBP	5
	AUD	10
	EUR	10
	NZD	10
	CAD	10
	JPY	1,000
	CHF	10
	HKD	50
Minimum Average Daily Balance to qualify for interest	NA		US$20,000	US$30,000
Early Account Closure Fee (Within 6 months)	USD	50	US$50	US$200
	GBP	25
	AUD	50
	EUR	50
	NZD	50
	CAD	50
	JPY	5,000
	CHF	50
	HKD	250
Minimum Charge on Incidental Overdraft (AC without overdraft facility)	USD Prime (5.25%) + TOD Rate (5% p.a.) payable on overdrawn amount OR minimum USD10, whichever is higher
Cheque Books	US$25 per cheque book (50 leaves)		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

Foreign Currency Call Accounts

Fees	FCY Current Account
Initial Deposit	USD	2,000
	GBP	1,000
	AUD	3,000
	NZD	3,000
	EUR	3,000
Minimum Average Daily Balance	USD	2,000
	GBP	1,000
	AUD	3,000
	NZD	3,000
	EUR	3,000
Fall-below Fee	USD	15
	GBP	10
	AUD	15
	NZD	15
	EUR	15
Early Account Closure Fee (Within 6 months)	USD	30
	GBP	20
	AUD	30
	NZD	30
	EUR	30
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

Singapore Dollar Fixed Deposit Accounts

	Current Account	BizPower Quad Current Account	BizPower Quad+ Current Account
Tenor	1 to 36 months	1 to 36 months	1 to 36 months
Min. Placement Amount	S$5,000	S$50,000	S$200,000

Foreign Currency Fixed Deposit Accounts

	Current Account	BizPower Quad Current Account - USD	BizPower Quad+ Current Account - USD
Currencies Available	USD GBP AUD NZD CAD HKD	USD	USD
Tenor	Up to 24 months	1 to 12 months	1 to 24 months
Min. Placement Amount	S$5,000 equivalent	US$30,000	US$200,000

Cheque Charges

Transaction Fee

Nil

Direct Mark Cheques (CTS)

S$100 per cheque

Retrieval of Cheque Images (Per Image)

S$50

Payment Stop Cheques

	SGD	FCY
For stopped payment	S$30 per cheque	US$20 per cheque
For lost cheques/ chequebooks	S$50 per request	US$20 per cheque

Outward Return Cheques

	SGD	FCY
Due to insufficient funds	S$50 per cheque	US$30 per cheque
Due to technical reasons	S$10 per cheque	US$10 per cheque

Foreign Cheque Deposits

Drawn on banks outside Singapore	1/8% commission (minimum S$20, maximum S$100 equivalent) + postage + agent fee, if any. Commission-in-lieu of exchange 1/8% (minimum S$50).
Drawn on banks in Singapore (via CTS System)	Free

Withdrawal

Cheques issued and are presented to us for payment from overseas

1/8% commission (minimum S$20, there is no maximum commission to be charged)

Cheque Book Postage

	Prior to 25 April 2022	With effect 25 April 2022
Normal Mail	Free	Free
Registered Mail	S$5	S$5
Urgent Mail (Delivered by next working day)	S$20	S$25
Courier Service (Delivered by 4th working day)	NA	S$20

Transaction Charges

Inward Transactions

Telegraphic Transfer	Normal Current Account		BizPower Quad / Quad + Current Account (SGD/USD)
Credit into RHB Account	SGD	10	Free
	USD	5
	GBP	3
	AUD	5
	EUR	5
	NZD	5
	CAD	5
	JPY	500
	CHF	5
	HKD	25
Credit into SGD Account drawn on RHB account	Free
Encashment exceeding S$250,000 per Demand Draft / Telegraphic Transfer for Non-A/C Holder Moneychanger	S$100 per Demand Draft / Telegraphic Transfer

Demand Draft

Credit into SGD Account drawn on RHB account

Free

Outward Transactions

MEPS+

MEPS+ Payments	Branch	Reflex
Payments made by MEPS+ to non-RHB account	S$20 per transaction	S$15 per transaction

Cashier’s Cheques

Issuance	SGD	USD
Payment to Account Holder’s own name	Free	Free
Payment to Third Party / Non-Account Holder	S$10 per cheque	US$10 per cheque
Replacement / Cancellation / Amendment	SGD	USD
Payment to Account Holder’s own name	S$5 per cheque	US$5 per cheque
Payment to Non-Account Holder	S$10 per cheque	US$10 per cheque
Payment Stop Request	SGD	USD
Payment Stop Request	S$20 per request	US$20 per request

Standing Instructions

Handling Fee
By Customer	S$10
By Charitable Organisation	Free (up to 10 customers)
For Loan Account	Free
For Salary Payment	No. of Recipients	Charges (per occasion)
	1	S$5
	2 - 20	S$20
	21 - 50	S$40
	51 - 100	S$80
	101 - 150	S$100
	151 - 200	S$120
	More than 200	S$150
Amendment	S$5 per amendment

Demand Drafts

Issuance	Account Holder	Non-Account Holder
Issued in FCY / S$ against payment in S$	1/8% commission (minimum S$10, maximum S$100)	1/8% commission (minimum S$20, maximum S$100)
Issued in FCY against payment in the same currency	1/8% commission (minimum S$10, maximum S$100)	1/8% commission (minimum S$20, maximum S$100)
Replacement / Cancellation / Refund / Amendment	S$20 + cable: S$20 + agent bank charges, if any
Payment Stop Request	S$20 + cable: S$20 + agent bank charges, if any

Business Internet Banking Charges

RHB Reflex Charges

One Time Set Up

Waived

Monthly Subscription Fee

Waived

Token

Up to first 2 tokens free
Additional / lost token at S$20 each (GST inclusive)
Free replacement token due to battery malfunction

Customised Authorisation Setup

S$250 (One Time Charge)

Monthly Recurring Fees

View only module
Waived

Financial Transactions modules
Waived

Local Payments

Transfer to Own
Waived

Transfer to 3rd Party
Waived

FAST
S$0.50 per transaction

GIRO
S$0.20 per transaction

MEPS
S$15.00 per transaction

Overseas Payment

Telegraphic Transfer
1/8% commission (minimum S$10, maximum S$100) + cable charge S$20 + agent fee (if applicable)

Other Service Charges

Audit Confirmation

Customer that has multiple accounts with RHB Bank will only be charged a one-time fee of S$50 (or equivalent in other currency) for each Audit Confirmation request.

SGD	FCY
S$50 per request	US$40 per request

Request for AC Statement

	Less than 1 year (per statement month)	1 - 3 years (per statement month)	More than 3 years (per statement month)
SGD	20	30	50
USD	15	25	40
GBP	15	25	40
AUD	15	25	40
EUR	15	25	40
NZD	15	25	40
CAD	20	30	50
JPY	1,600	2,300	4,000
CHF	15	25	40
HKD	115	170	280

Request for CA Document

Less than 1 year	1 - 3 years	More than 3 years
S$20 per document + retrieval cost	S$30 per document	S$50 per document

Ad Hoc Loan Statement Request

SGD	FCY
S$20 per statement	US$15 (or equivalent) per statement

MT103 Request

SGD	FCY
S$15 per copy	US$10 per copy

ROC search for Corporate Accounts

S$20 + Cost S$5 per search

Coin Deposits

S$1 per 100 pieces or part thereof

Coin Withdrawal / Exchange

Withdrawal
S$1 per 100 pieces or part thereof

Exchange
S$1 per S$50 or part thereof per day

Bulk Notes Deposit

First 1,000 pieces
Free

Thereafter
S$3 per 100 pieces or part thereof
(Not applicable for deposit with denominations of S$100 & above)

Export Letters of Credit

Advising of Letters of Credit / Amendment
Preliminary Advice	Waived
Brief	Waived
Full	S$30 flat
Amendment	S$30 flat
Confirmation of LC	Min-1/8% per month or part thereof, Min S$150
Negotiation	1/8% Flat, Min S$100
Reimbursements	S$100 flat
Acceptance of Draft Bills under usance LC issued by banks outside Singapore where RHB Bank is the accepting bank. *or part thereof - refers to 3 days grace, otherwise entire charges for the month applies.	1/8% (per month) or part thereof* from date of acceptance to the maturity date of bill. Min S$100 Countersign Indemnity 1/8% Flat, Min S$150 Max 2 months
Countersign Indemnity	1/8% Flat, Min S$150 Max 2 months

Transfer of Documentary Credits

Advising of Letters of Credit / Amendment
Preliminary Advice	Waived
Brief	Waived
Full	S$30 flat
Amendment	S$30 flat
Confirmation of LC	Min-1/8% per month or part thereof, Min S$150
Negotiation	1/8% Flat, Min S$100
Reimbursements	S$100 flat
Acceptance of Draft Bills under usance LC issued by banks outside Singapore where RHB Bank is the accepting bank. *or part thereof - refers to 3 days grace, otherwise entire charges for the month applies.	1/8% (per month) or part thereof* from date of acceptance to the maturity date of bill. Min S$100 Countersign Indemnity 1/8% Flat, Min S$150 Max 2 months
Countersign Indemnity	1/8% Flat, Min S$150 Max 2 months

Outward Collections Bill

Handling Charges

- for amendments, on bill amount, whichever is higher

1/8% Flat, Min S$90

Holding Fee

S$50 per month
Sight Bill – after 1 month from date of our dispatch
Term Bill – after 1 month from maturity date

Clean Collection / Cheque

1/8% Flat, Min S$20, Max S$100

Import Letters of Credit

Issuance

Irrevocable / Back to Back	1/8% per month, Min 1/4% Min S$90 for both Local & Foreign
Revolving Reinstatement	1/8% per month, Min 1/4% Min S$90 for both Local & Foreign
Pre Advice	S$50 Flat
Lengthy Docs	Subject to bank discretion

Amendment

Extend Validity	1/8% per month on o/s balance, Min $90
Increase Value (Incremental Value)	1/8% per month, Min 1/4% or $90
Others - Cancellation	S$80 Flat
Others - T&C	S$80 Flat
Acceptance Commission - Usance LC	LC expiry date till maturity date 1/8% per month or part thereof min S$90
Discrepancy Fees	S$100 Flat or equivalent for Bills in Foreign Currency
Document Checking Fee	S$80 Flat

Inward Doc Bills

Amount Overdrawn	1/8% per month on excess portion, Min S$90
Drawing against expired LC	1/8% per month from LC expiry date to payment date, Min S$90

Payment of Local LCS Issued By The Bank

Local LC in SGD

1/8% on bill amount, Min S$90 or equivalent

Local LC in Foreign Currency

Payment in SGD	1/8%, Min S$90
Payment in Foreign Currency	1/8%, Min S$90 +1/8% in lieu of exchange Min S$80 or US$60

Inward Collections Bill

Inward Collection Bill

Handling Charges

1/8%, Min S$90 for both SGD & FCCY

Presentation Fee
First Presentation	Free
Subsequent	S$30 Each
Docs released free of payment (withdrawal / cancellation)	1/8% Flat, Min S$90
Holding Fee	S$50 per month Sight Bills - 1 month Grace Term Bills - 1 month Grace
Protest Charges + Protest Fee Charges	S$100 + protest fee
Invoice Finance Handling	1/8%, Min S$100

Shipping Guarantee

Under own LC	S$80 flat
Under IBC Collection	S$100 flat
Bills not routed through bank	1/8% Flat, Min S$90

Banker's Guarantee

Standard Performance Guarantee Obligation	up to 1 year : 1.25% p.a. or Min S$100 > 1 to 2 years: 1.50% p.a. or Min S$100 > 2 years: 1.75% p.a. or Min S$100
Payment in Foreign Currency	up to 2 years: 1.75% p.a. or Min S$100 > 2 years: 2.00% p.a. or Min S$100
Standard Issuance - Financial Obligation	2.00% p.a. or Min S$100
Non Standard Issuance - Financial Obligation	2.50% p.a. or Min S$100
Increase Tenor of Value	1% p.a., Min S$100
Non Standard Issuance	S$50 + Standard Charges
Vetting of Bank Guarantee	Subject to Bank discretion - Min S$200
Amendments	Tenor: Same as Issuance Commission, min S$100 Amount: Same as Issuance Commission, min S$100 Others: S$100 Cancellation: S$200, No Refund

Custodian Account Services

Calculations on Custodian Fees:

Market	Custodian Fees
Equity Linked Notes	Waived
Bonds/ Notes / Equities	0.20%p.a. of AUM Holdings in Custodian Account and subject to minimum of SGD $50 (deductable on 20th of January, April, July and October )

The above fees will be based on the market value as at month - end.
The above fees are subject to review from time to time at the discretion of the bank.
A minumum charge of SGD$50 (without GST) will be deducted as date mentioned above if the account remained active.
All fees and charges listed are subjected to Goods and Services Tax (GST).
The above fees will be deducted on the next business day if 20th of the month falls on a non-business day.

Other Charges

Commission-in-lieu	1/8%, Min S$80 / US$60
Dishonour advice for OBC, OBP & IBC	S$30 per advice
Postage / Courier	As per Incurred
Tracers	S$30 per advice

What is the background of the transition?

The London Interbank Offered Rate (LIBOR), which serves as an interest rate benchmark across a number of financial products, is expected to be discontinued by the end of 2021. LIBOR (in all its underlying currencies) is expected to be replaced with overnight risk-free rates (RFRs).

The transition from LIBOR to RFRs arises from the global shift to improve the robustness and integrity of financial benchmarks. As part of this shift, the UK Financial Conduct Authority, which acts as the supervisory authority for LIBOR, stated that it would no longer compel banks to submit rates used for the calculation of LIBOR after 31 December 2021.

Alternative benchmark rates have been identified by the respective jurisdictions/countries to replace LIBORs and are set out in the table below. These risk free rates are all overnight interest rate benchmarks, and are based on actual transactions which may be secured or unsecured.

Tools

What are TT and OD?

Making payments easier for you.
Telegraphic Transfer (TT) and On Demand (OD) are forms of remittance that RHB Bank provides in order to conveniently aid your personal and business payments.

Telegraphic Transfer (TT)

Fast and safe way, as it goes from one bank to another and directly into an account
Easily traced if it gets lost

On Demand (OD)

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	NA	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 )
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

Foreign Currency Current Accounts

Fees	FCY Current Account		BizPower Quad Current Account - USD	BizPower Quad+ Current Account - USD
Interest Rates (p.a.)*	Non-interest bearing account		0.012% (no cap)	Amount	Interest Rate
Interest Rates (p.a.)*	Non-interest bearing account		0.012% (no cap)	From US$0 and above	0.68%
Initial Deposit	USD	2,000	US$1,000	US$30,000
	GBP	1,000
	AUD	3,000
	EUR	3,000
	NZD	3,000
	CAD	3,000
	JPY	300,000
	CHF	3,000
	HKD	10,000
Minimum Average Daily Balance	USD	2,000	US$3,000	US$30,000
	GBP	1,000
	AUD	3,000
	EUR	3,000
	NZD	3,000
	CAD	3,000
	JPY	300,000
	CHF	3,000
	HKD	10,000
Fall-below Fee	USD	38	US$38	US$80
	GBP	5
	AUD	10
	EUR	10
	NZD	10
	CAD	10
	JPY	1,000
	CHF	10
	HKD	50
Minimum Average Daily Balance to qualify for interest	NA		US$20,000	US$30,000
Early Account Closure Fee (Within 6 months)	USD	50	US$50	US$200
	GBP	25
	AUD	50
	EUR	50
	NZD	50
	CAD	50
	JPY	5,000
	CHF	50
	HKD	250
Minimum Charge on Incidental Overdraft (AC without overdraft facility)	USD Prime (5.25%) + TOD Rate (5% p.a.) payable on overdrawn amount OR minimum USD10, whichever is higher
Cheque Books	US$25 per cheque book (50 leaves)		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

Foreign Currency Call Accounts

Fees	FCY Current Account
Initial Deposit	USD	2,000
	GBP	1,000
	AUD	3,000
	NZD	3,000
	EUR	3,000
Minimum Average Daily Balance	USD	2,000
	GBP	1,000
	AUD	3,000
	NZD	3,000
	EUR	3,000
Fall-below Fee	USD	15
	GBP	10
	AUD	15
	NZD	15
	EUR	15
Early Account Closure Fee (Within 6 months)	USD	30
	GBP	20
	AUD	30
	NZD	30
	EUR	30
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

Singapore Dollar Fixed Deposit Accounts

	Current Account	BizPower Quad Current Account	BizPower Quad+ Current Account
Tenor	1 to 36 months	1 to 36 months	1 to 36 months
Min. Placement Amount	S$5,000	S$50,000	S$200,000

Foreign Currency Fixed Deposit Accounts

	Current Account	BizPower Quad Current Account - USD	BizPower Quad+ Current Account - USD
Currencies Available	USD GBP AUD NZD CAD HKD	USD	USD
Tenor	Up to 24 months	1 to 12 months	1 to 24 months
Min. Placement Amount	S$5,000 equivalent	US$30,000	US$200,000

Cheque Charges

Transaction Fee

Nil

Direct Mark Cheques (CTS)

S$100 per cheque

Retrieval of Cheque Images (Per Image)

S$50

Payment Stop Cheques

	SGD	FCY
For stopped payment	S$30 per cheque	US$20 per cheque
For lost cheques/ chequebooks	S$50 per request	US$20 per cheque

Outward Return Cheques

	SGD	FCY
Due to insufficient funds	S$50 per cheque	US$30 per cheque
Due to technical reasons	S$10 per cheque	US$10 per cheque

Foreign Cheque Deposits

Drawn on banks outside Singapore	1/8% commission (minimum S$20, maximum S$100 equivalent) + postage + agent fee, if any. Commission-in-lieu of exchange 1/8% (minimum S$50).
Drawn on banks in Singapore (via CTS System)	Free

Withdrawal

Cheques issued and are presented to us for payment from overseas

1/8% commission (minimum S$20, there is no maximum commission to be charged)

Cheque Book Postage

	Prior to 25 April 2022	With effect 25 April 2022
Normal Mail	Free	Free
Registered Mail	S$5	S$5
Urgent Mail (Delivered by next working day)	S$20	S$25
Courier Service (Delivered by 4th working day)	NA	S$20

Transaction Charges

Inward Transactions

Telegraphic Transfer	Normal Current Account		BizPower Quad / Quad + Current Account (SGD/USD)
Credit into RHB Account	SGD	10	Free
	USD	5
	GBP	3
	AUD	5
	EUR	5
	NZD	5
	CAD	5
	JPY	500
	CHF	5
	HKD	25
Credit into SGD Account drawn on RHB account	Free
Encashment exceeding S$250,000 per Demand Draft / Telegraphic Transfer for Non-A/C Holder Moneychanger	S$100 per Demand Draft / Telegraphic Transfer

Demand Draft

Credit into SGD Account drawn on RHB account

Free

Outward Transactions

MEPS+

MEPS+ Payments	Branch	Reflex
Payments made by MEPS+ to non-RHB account	S$20 per transaction	S$15 per transaction

Cashier’s Cheques

Issuance	SGD	USD
Payment to Account Holder’s own name	Free	Free
Payment to Third Party / Non-Account Holder	S$10 per cheque	US$10 per cheque
Replacement / Cancellation / Amendment	SGD	USD
Payment to Account Holder’s own name	S$5 per cheque	US$5 per cheque
Payment to Non-Account Holder	S$10 per cheque	US$10 per cheque
Payment Stop Request	SGD	USD
Payment Stop Request	S$20 per request	US$20 per request

Standing Instructions

Handling Fee
By Customer	S$10
By Charitable Organisation	Free (up to 10 customers)
For Loan Account	Free
For Salary Payment	No. of Recipients	Charges (per occasion)
	1	S$5
	2 - 20	S$20
	21 - 50	S$40
	51 - 100	S$80
	101 - 150	S$100
	151 - 200	S$120
	More than 200	S$150
Amendment	S$5 per amendment

Demand Drafts

Issuance	Account Holder	Non-Account Holder
Issued in FCY / S$ against payment in S$	1/8% commission (minimum S$10, maximum S$100)	1/8% commission (minimum S$20, maximum S$100)
Issued in FCY against payment in the same currency	1/8% commission (minimum S$10, maximum S$100)	1/8% commission (minimum S$20, maximum S$100)
Replacement / Cancellation / Refund / Amendment	S$20 + cable: S$20 + agent bank charges, if any
Payment Stop Request	S$20 + cable: S$20 + agent bank charges, if any

Business Internet Banking Charges

RHB Reflex Charges

One Time Set Up

Waived

Monthly Subscription Fee

Waived

Token

Up to first 2 tokens free
Additional / lost token at S$20 each (GST inclusive)
Free replacement token due to battery malfunction

Customised Authorisation Setup

S$250 (One Time Charge)

Monthly Recurring Fees

View only module
Waived

Financial Transactions modules
Waived

Local Payments

Transfer to Own
Waived

Transfer to 3rd Party
Waived

FAST
S$0.50 per transaction

GIRO
S$0.20 per transaction

MEPS
S$15.00 per transaction

Overseas Payment

Telegraphic Transfer
1/8% commission (minimum S$10, maximum S$100) + cable charge S$20 + agent fee (if applicable)

Other Service Charges

Audit Confirmation

Customer that has multiple accounts with RHB Bank will only be charged a one-time fee of S$50 (or equivalent in other currency) for each Audit Confirmation request.

SGD	FCY
S$50 per request	US$40 per request

Request for AC Statement

	Less than 1 year (per statement month)	1 - 3 years (per statement month)	More than 3 years (per statement month)
SGD	20	30	50
USD	15	25	40
GBP	15	25	40
AUD	15	25	40
EUR	15	25	40
NZD	15	25	40
CAD	20	30	50
JPY	1,600	2,300	4,000
CHF	15	25	40
HKD	115	170	280

Request for CA Document

Less than 1 year	1 - 3 years	More than 3 years
S$20 per document + retrieval cost	S$30 per document	S$50 per document

Ad Hoc Loan Statement Request

SGD	FCY
S$20 per statement	US$15 (or equivalent) per statement

MT103 Request

SGD	FCY
S$15 per copy	US$10 per copy

ROC search for Corporate Accounts

S$20 + Cost S$5 per search

Coin Deposits

S$1 per 100 pieces or part thereof

Coin Withdrawal / Exchange

Withdrawal
S$1 per 100 pieces or part thereof

Exchange
S$1 per S$50 or part thereof per day

Bulk Notes Deposit

First 1,000 pieces
Free

Thereafter
S$3 per 100 pieces or part thereof
(Not applicable for deposit with denominations of S$100 & above)

Export Letters of Credit

Advising of Letters of Credit / Amendment
Preliminary Advice	Waived
Brief	Waived
Full	S$30 flat
Amendment	S$30 flat
Confirmation of LC	Min-1/8% per month or part thereof, Min S$150
Negotiation	1/8% Flat, Min S$100
Reimbursements	S$100 flat
Acceptance of Draft Bills under usance LC issued by banks outside Singapore where RHB Bank is the accepting bank. *or part thereof - refers to 3 days grace, otherwise entire charges for the month applies.	1/8% (per month) or part thereof* from date of acceptance to the maturity date of bill. Min S$100 Countersign Indemnity 1/8% Flat, Min S$150 Max 2 months
Countersign Indemnity	1/8% Flat, Min S$150 Max 2 months

Transfer of Documentary Credits

Advising of Letters of Credit / Amendment
Preliminary Advice	Waived
Brief	Waived
Full	S$30 flat
Amendment	S$30 flat
Confirmation of LC	Min-1/8% per month or part thereof, Min S$150
Negotiation	1/8% Flat, Min S$100
Reimbursements	S$100 flat
Acceptance of Draft Bills under usance LC issued by banks outside Singapore where RHB Bank is the accepting bank. *or part thereof - refers to 3 days grace, otherwise entire charges for the month applies.	1/8% (per month) or part thereof* from date of acceptance to the maturity date of bill. Min S$100 Countersign Indemnity 1/8% Flat, Min S$150 Max 2 months
Countersign Indemnity	1/8% Flat, Min S$150 Max 2 months

Outward Collections Bill

Handling Charges

- for amendments, on bill amount, whichever is higher

1/8% Flat, Min S$90

Holding Fee

S$50 per month
Sight Bill – after 1 month from date of our dispatch
Term Bill – after 1 month from maturity date

Clean Collection / Cheque

1/8% Flat, Min S$20, Max S$100

Import Letters of Credit

Issuance

Irrevocable / Back to Back	1/8% per month, Min 1/4% Min S$90 for both Local & Foreign
Revolving Reinstatement	1/8% per month, Min 1/4% Min S$90 for both Local & Foreign
Pre Advice	S$50 Flat
Lengthy Docs	Subject to bank discretion

Amendment

Extend Validity	1/8% per month on o/s balance, Min $90
Increase Value (Incremental Value)	1/8% per month, Min 1/4% or $90
Others - Cancellation	S$80 Flat
Others - T&C	S$80 Flat
Acceptance Commission - Usance LC	LC expiry date till maturity date 1/8% per month or part thereof min S$90
Discrepancy Fees	S$100 Flat or equivalent for Bills in Foreign Currency
Document Checking Fee	S$80 Flat

Inward Doc Bills

Amount Overdrawn	1/8% per month on excess portion, Min S$90
Drawing against expired LC	1/8% per month from LC expiry date to payment date, Min S$90

Payment of Local LCS Issued By The Bank

Local LC in SGD

1/8% on bill amount, Min S$90 or equivalent

Local LC in Foreign Currency

Payment in SGD	1/8%, Min S$90
Payment in Foreign Currency	1/8%, Min S$90 +1/8% in lieu of exchange Min S$80 or US$60

Inward Collections Bill

Inward Collection Bill

Handling Charges

1/8%, Min S$90 for both SGD & FCCY

Presentation Fee
First Presentation	Free
Subsequent	S$30 Each
Docs released free of payment (withdrawal / cancellation)	1/8% Flat, Min S$90
Holding Fee	S$50 per month Sight Bills - 1 month Grace Term Bills - 1 month Grace
Protest Charges + Protest Fee Charges	S$100 + protest fee
Invoice Finance Handling	1/8%, Min S$100

Shipping Guarantee

Under own LC	S$80 flat
Under IBC Collection	S$100 flat
Bills not routed through bank	1/8% Flat, Min S$90

Banker's Guarantee

Standard Performance Guarantee Obligation	up to 1 year : 1.25% p.a. or Min S$100 > 1 to 2 years: 1.50% p.a. or Min S$100 > 2 years: 1.75% p.a. or Min S$100
Payment in Foreign Currency	up to 2 years: 1.75% p.a. or Min S$100 > 2 years: 2.00% p.a. or Min S$100
Standard Issuance - Financial Obligation	2.00% p.a. or Min S$100
Non Standard Issuance - Financial Obligation	2.50% p.a. or Min S$100
Increase Tenor of Value	1% p.a., Min S$100
Non Standard Issuance	S$50 + Standard Charges
Vetting of Bank Guarantee	Subject to Bank discretion - Min S$200
Amendments	Tenor: Same as Issuance Commission, min S$100 Amount: Same as Issuance Commission, min S$100 Others: S$100 Cancellation: S$200, No Refund

Custodian Account Services

Calculations on Custodian Fees:

Market	Custodian Fees
Equity Linked Notes	Waived
Bonds/ Notes / Equities	0.20%p.a. of AUM Holdings in Custodian Account and subject to minimum of SGD $50 (deductable on 20th of January, April, July and October )

Other Charges

Commission-in-lieu	1/8%, Min S$80 / US$60
Dishonour advice for OBC, OBP & IBC	S$30 per advice
Postage / Courier	As per Incurred
Tracers	S$30 per advice