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Deposits
Singapore Dollar Savings Account   Related Links
Minimum initial deposit   S$500
Minimum balance fee   Statement savings account
S$2 if the average daily balance for the month falls below S$2,000 (waived for Basic banking account).

This fee is waived if you qualify for Basic banking account (only applicable to Singapore citizens or permanent residents earning a monthly income below S$2,000) and are a recipient of the MCDS Public assistance scheme or Special grant scheme.

Passbook savings account (existing only)
S$5 if the average daily balance for the month falls below S$2,000
Account closure fee
Account closed within 6 months from the opening date		   S$40
Replacement of ATM/ Debit card/ Passbook   FREE
 
Singapore Dollar Deposit Rates
Foreign Currency Deposit and Exchange Rates
PFS Tariffs 2008 printable version
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Singapore Dollar Current Account
Minimum initial deposit   S$500
Minimum balance fee   S$5 if the average daily balance for the month falls below S$3,000
Account closure fee
Account closed within 6 months from the opening date		   S$40
Unauthorised O/D interest   Prime + 5% (min. debit interest S$10)
Stop Payment
- at branch
- through Personal Internet Banking/ Phone Banking 		 
S$20 per request
S$10 per request
Returned cheque due to lack of funds for:
- 1st and 2nd occasions
- 3rd occasions and thereafter

Returned cheque due to technical reasons 		 

S$50
S$100

S$10
Replacement of ATM/ Debit card/ Passbook   FREE
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Multi Currency Savings Account
Minimum initial deposit   S$2,000 or equivalent
Minimum balance fee   S$2 if the average daily balance falls below S$2,000
Account closure fee
Account closed within 6 months from opening date		   S$40
 
Commission in lieu of foreign exchange
For cash deposit/ withdrawal made in the same currency as account		   1% handling commission (min. S$10, max S$100)
Transaction fees   $5 per branch transaction (waived if transaction performed through internet banking)
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PowerVantage
Minimum initial deposit   S$500
Minimum balance fee

 PowerVantage account
S$6 if the average daily balance for the month falls below S$5,000

ePowerVantage account
S$6 if the average daily balance for the month falls below S$2,000
 
Monthly service fee   S$2
Account closure fee
Account closed within 6 months from the opening date		   S$40
Unauthorised O/D interest   Prime + 5% (min. debit interest S$10)
Stop Payment
- at branch
- through Personal Internet Banking/ Phone Banking		  
S$20 per request
S$10 per request
Returned cheque due to lack of funds for:
- 1st and 2nd occasions
- 3rd occasions and thereafter

Returned cheque due to technical reasons 		 

S$50
S$100

S$10
Replacement of ATM/ Debit card/ Passbook   FREE
HSBC Infinity Privileges
• Minimum Balance Fee
• Monthly Service Fee
• Infinity Service Fee



   Waived
Waived
S$30 per month (charged only if Total Relationship Balance falls below S$100,000. Total Relationship Balance includes deposits, investments and/or insurance)
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Foreign Currency Savings Account
Minimum initial deposit   US$500 or equivalent
Minimum balance fee
The respective minimum balance service charge will be levied where the average balance for the month is less than the required minimum sum stipulated for the respective account
Currency Average daily balance Minimum balance fee
US dollar USD800 USD4
Sterling pound GBP800 GBP4
Australian dollar AUD800 AUD4
Hong Kong dollar HKD7,000 HKD30
Japanese yen JPY100,000 JPY500
Euro EUR800 EUR4
Canadian dollar CAD800 CAD4
Account closure fee
Account closed within 6 months from the opening date		   US$40 or equivalent
Commission in lieu of foreign exchange
Charged when a cash deposit/ withdrawal is made in the same currency as account		   1% handling commission (min. S$10, max S$100)
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Foreign Currency Current Account
Minimum initial deposit   US$500 or equivalent
Minimum balance fee
The respective minimum balance service charge will be levied where the average balance for the month is less than the required minimum sum stipulated for the respective account
Currency Average daily balance Minimum balance fee
US dollar USD800 USD4
Sterling pound GBP800 GBP4
Australian dollar AUD800 AUD4
Hong Kong dollar HKD7,000 HKD30
Japanese yen JPY100,000 JPY500
Euro EUR800 EUR4
Account closure fee
Account closed within 6 months from the opening date		   US$40 or equivalent
Commission in lieu of foreign exchange
Charged when a cash deposit/ withdrawal is made in the same currency as account		   1% (min. S$10, max S$100)
Stop payment
- at branch
- through Personal Internet Banking/ Phone Banking 		 
US$20 or equivalent per request
US$10 or equivalent per request
Return cheque due to lack of funds for :
- 1st and 2nd occasion
- 3rd occasion and thereafter

Returned cheque due to technical reasons		  
US$30 or equivalent
US$50 or equivalent

US$10 or equivalent
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Time Deposit
 Singapore dollar time deposits   Minimum deposit
1 to 12 month(s) deposits   S$5,000
Overnight deposits   S$1 million
 Foreign currency time deposits
Currency Minimum deposit
US dollar USD25,000
Sterling pound GBP25,000
Australian dollar AUD25,000
Hong Kong dollar HKD100,000
Japanese yen JPY10,000,000
Euro EUR25,000
Canadian dollar CAD25,000
Swiss Franc CHF25,000
New Zealand dollar NZD25,000

(figures indicated are in respective currency)
Interest payment will be calculated at bank's discretion for pre-mature withdrawals.
All fees stated are subject to prevailing GST.
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