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General Services - All Accounts
General Services
Singapore Dollar Deposit Rates
Foreign Currency Deposit and Exchange Rates
PFS Tariffs 2008 printable version
Item
Cheque/ draft deposits
• Singapore dollar local clearing
• US dollar clearing
FREE
US$5
Coin exchange/ withdrawal/ deposit
First 50 pieces free
S$5 for next 1,000 pieces or part thereof
S$10 for every subsequent 1,000 pieces or part thereof
Bulk cash deposit
First 500 pieces free
S$2.50 for every subsequent 100 pieces or part thereof
Standing instructions
• Set up charge
• Amendment/ cancellation
• Image retrieval charge
S$10* per item
S$10* per item
S$20 per copy
* Waived for first 5 instructions of PowerVantage/ ePowerVantage/ Premier accounts. For any revision or cancellation, 3 days' notice is required.
• Commission
- Singapore dollar
(except PowerVantage/ ePowerVantage account)
S$10 per item plus incidental charges
-
PowerVantage/ ePowerVantage account
Only incidental charges apply for first 5 instructions
-
Foreign currency account
US$5 or equivalent per item plus incidental charges
• Returned items
(due to insufficient funds)
S$30 per item
Money/ postal order
S$10 per schedule of 10 items or part thereof
Marked cheques
• Non HSBC cheque drawn locally
S$100 per cheque (include paying bank's charge)
• HSBC cheque
S$10 per cheque
Note: Marked cheques refer to valuation of Singapore dollar cheques on the same day
Returned GIRO
• Due to insufficient funds
S$10 per item
Other Services
• Cheque image/ voucher retrieval
• Statement retrieval
• Cheque book delivery by registered mail/ courier (upon request)
• Issuance of Letter of Reference
S$20 per copy
S$20 per month
Subject to delivery arrangement
S$20 per copy
International Services
• Cross border HSBC account opening services
S$300 (50% off for student account opening)
• Emergency encashment at HSBC branches in Singapore
Applicable to overseas customers only
S$30 per encashment
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Safe Deposit Box
Item
Key deposit
(refundable upon return of original key)
S$150
Break-box charge
S$200
Witnessing the documenting of inventory
S$100 < 1 hour
S$150 > 1 hour
Loss of keys (key deposit is non-refundable)
S$150 (if customer retains the service whereby there will be a change to the safe box lock)
S$200 (if customer discontinues the service)
Overdue charges
Twice the amount of annual rental fee
Rental fee
Safe deposit box sizes
Annual rental fees (excluding GST)
Small
(3" x 5" x 22"), (4" x 5" x 20"), (4" x 5" x 22")
(4" x 8" x 20"), (5" x 5" x 20"), (5" x 5" x 22")
Medium
(5" x 10" x 20"), (5" x 10" x 22"), (8" x 8" x 20")
Large
(10" x 10" x 20"), (10" x 10" x 22"),
(10" x 10" x 24"), (8" x 16" x 22")
Extra Large
(16" x 16" x 20")
S$200
S$300
S$400
S$500
New safe deposit boxes are only available to HSBC Premier customers.
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Guarantees
Item
Letters of guarantee
Commission will be dependent on the length of the period for which the guarantee is valid and is calculated on the face amount of the guarantee from date of issuance or effective date whichever is earlier.
i) For periods of up to 2 years or less (including the period of claim after the expiry date of the guarantee) Commission
1% per annum (min. S$10 per month or S$120, whichever is higher)
ii) For periods of over 2 years (including the period of claim after the expiry date of the guarantee) Commission
1.5% per annum (min. S$10 per month or S$120, whichever is higher)
Performance/ Tender bonds
Commission will be 1.25% per annum (min. S$10 per month or S$120, whichever is higher)
Foreign maid security bond
(with insurance package)
S$250
The above charges includes an application fee of S$100.
For more information on the above package, please click
here
.
All fees stated are subject to prevailing GST.
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