Outward Remittance Fees

For more information, please call us at 1800 226 6121.

DEMAND DRAFTS (DD) Manual Submission Online Banking

Issued from SGD Current Account

1/8% commission (min. S$10, max. S$100) plus agent charges, if any

1/16% commission (min. S$10, max. S$100) plus agent charges, if any

Issued from Global Currency Account with Foreign Exchange

1/8% commission (min. S$10, max. S$100) plus agent charges, if any

1/16% commission (min. S$10, max. S$100) plus agent charges, if any

Issued from Global Currency Account without Foreign Exchange

1/8% commission (min. S$10, max. S$300) plus agent charges, if any

1/8% commission (min. S$10, max. S$300) plus agent charges, if any

Issued from Fixed Deposit Account:

• To Account Holder

No charges for issuance of first Demand Draft per month
Additional S$10 per subsequent Demand Draft plus agent charges, if any

Not applicable

• To Third Party

1/8% commission (min. S$10, max. S$100 with exchange; max. S$300 without exchange)
Additional S$10 per subsequent Demand Draft plus agent charges, if any

Not applicable

Stop-payment of Demand Draft

S$20 per Demand Draft, plus cable and/or agent charges, if any

Not applicable

Cancellation of Demand Draft:

• Issued from SGD Current Account / Global Currency Account

S$5 per Demand Draft, plus cable and/or agent charges, if any

Not applicable

• Issued from Fixed Deposit Account

S$10 per Demand Draft, plus cable and/or agent charges, if any

Not applicable

OUTWARD TELEGRAPHIC TRANSFERS (TT) Manual Submission Online Banking

Pay from SGD Current Account

1/8% commission (min. S$10, max. S$100) plus cable and/or agent charges, if any

1/16% commission (min. S$10, max. S$100) plus cable and/or agent charges, if any

Pay from Global Currency Account with Foreign Exchange

1/8% commission (min. S$10, max. S$100) plus cable and/or agent charges, if any

1/16% commission (min. S$10, max. S$100) plus cable and/or agent charges, if any

Pay from Global Currency Account without Foreign Exchange

1/8% commission (min. S$10, max. S$300) plus cable and/or agent charges, if any

1/16% commission (min. S$10, max. S$300) plus cable and/or agent charges, if any

Pay from Fixed Deposit Account:

• To Account Holder

Cable and/or agent charges, if any

Not applicable

• To Third party

1/8% commission (min. S$10, max. S$100 with exchange; max. S$300 without exchange) plus cable and/or agent charges, if any

Not applicable

OTHER CHARGES FOR REMITTANCES Manual Submission Online Banking

Administrative Charges for Telegraphic Transfers:

• For Amendment / Cancellation / Tracer

S$30 per amendment/ cancellation, S$20 per tracer
Plus cable, agent charges and all out-of-pocket expenses, if any

Request for Credit / Debit Advices:

• For transactions done in the last three months

Free

Free

• For transactions done more than three months ago

S$20 per transaction

Free

MT103 Copy

S$20 per transaction

S$30 or US$25 per month

SINGAPORE DOLLAR PAYMENTS VIA MAS ELECTRONIC PAYMENT SYSTEM (MEPS)
Incoming Receipts Free
Outgoing Payments S$20 flat