Tariff - Personal Premier | HSBC Singapore

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HSBC Premier Privileges

Deposit Accounts

Related Links

	Charge
Minimum Account Balance Fee	Waived
Minimum Account Service Fee	Waived
Premier service fee	S$50 per month (charged only if Total Relationship Balance* falls below S$200,000. Total Relationship Balance includes deposits, investments and/or insurance.)
Unauthorised O/D interest	Prime + 5% (min. debit interest S$5)
* For more information, please click here. Premier account may be converted to PowerVantange accounts, at the Bank's discretion. Early account closure fee of S$50 to apply for HSBC Premier account / Premier Lite Savings Account closed within 6 months from account opening.

Singapore Dollar Deposit Rates

Foreign Currency Deposit and Exchange Rates

PFS Tariffs 2009 printable version

Foreign currency

	Charge
Purchase/ collection of foreign currency cheque for value of: - S$50 and above	0.0625% commission (min S$10, max S$50) plus postage of S$3
Drawee bank charge will be deducted from cheque proceeds and courier charges (if any)
Cash deposits/ withdrawals (for foreign currency notes deposited/ withdrawn in the same currency of account)	0.5% commission in lieu of foreign exchange (min S$5, max S$100)

Safe deposit box

Rental fee (excluding GST)
Size	Annual Rental Fees
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”)	S$150
Medium (5” x 10” x 20”), (5” x 10” x 22”), (8” x 8” x 20”)	S$225
Large (10” x 10” x 20”), (10” x 10” x 22”), (10” x 10” x 24”), (8” x 16” x 20”)	S$300
Extra-Large (16” x 16” x 20”)	S$400

International services

	Charge
Cross border HSBC account opening services	Waived for Premier customers and their children’s student accounts
Emergency encashment at HSBC branches in Singapore (applicable to overseas customers only)	Waived

Other privileges

	Charge
Cheque book delivery by registered mail/ courier (Upon request)	Waived
Service fee for cash withdrawals at overseas HSBC ATMs using the HSBC Premier debit/ ATM card	Waived
Foreign maid security bond application fee (with insurance package)	Waived

Demand draft

	Charge
Debited from a Singapore dollar account	0.0625% commission (min S$10, max S$150) plus cost of cable if any
Debited from a foreign currency in the same currency	0.0625% commission (min S$10, max S$150) plus 0.0625% commission in lieu of foreign exchange (min S$10, max S$150) plus S$20 agent charge, cost of cable and postage if any

Cashier's order

Charge

Same day collection
• Singapore dollar
  - Service charge
  - Replacement of Cashier's Order

• US dollar
  - Service charge
  - Replacement of Cashier's Order

Time deposit withdrawal
  - Issue to self

  - Issue to 3rd party

Next day collection
• Singapore dollar
  - Service charge
  - Replacement of Cashier's order

• US dollar
  - Service charge
  - Replacement of Cashier's order

Time deposit withdrawal
• Issue to self

• Issue to 3rd party

S$5*
S$20 plus stop payment charges of S$30

US$20 (or equivalent)
US$40 plus stop payment charges of US$30

No charge for Singapore dollar Cashier's Order.
Service charge of S$20 for US dollar cashier's order

Service charge of S$5/US$20

S$5
S$20 plus stop payment charges of S$30

US$20
US$40 plus stop payment charges of US$30

No charge for Singapore dollar cashier's order. (Service charge of US$20 still applies for US dollar cashier's order)
Service charge of S$5/US$20

Inward payments

	Charge
Remittances in other currencies For payment in the form of foreign notes in the same currency of remittance - Up to S$10,000 - Above S$10,000	S$20 commission plus 0.5% commission in lieu of foreign exchange (min S$10, max S$100) S$50 commission plus 0.5% commission in lieu of foreign exchange (min S$10, max S$100)

Outward payments

Non-US dollar Telegraphic Transfers
Customer instruction	Commission	Commission in lieu of foreign exchange	Cost of cable
Debited from a Singapore dollar account	0.0625% off standard rates (min. S$10, max S$100)	N.A.	min S$20, max S$40
Debited from a foreign currency account in the same currency	0.0625% off standard rates (min. S$10, max S$100)	0.0625% of standard rates (min. S$10, max S$150)	min S$20, max S$40
TT to self-named HSBC accounts worldwide	N.A.	N.A.	min S$20, max S$40
Online transfer to self-named HSBC accounts worldwide	N.A.	N.A.	N.A.

US dollar Telegraphic Transfers (in addition to the commission and CILE)
Charge options	Cost of cable @ S$20	Commission (Bene Deduct @ US$25)	Corresponding Bank Charges
Charges paid by Remitter (OUR) 1. Remitted amount subjected to corresponding Banks charge	Pay by Remitter	N.A.	Pay by Remitter (Corresponding Banks charge if any)
OUR 2. Online transfer to self-named HSBC accounts worldwide	Waived	Waived	Waived

Travellers' cheques

	Charge
Purchase of travellers' cheques - Debited from Singapore dollar account - Debited from a foreign currency account in the same currency of travellers’ cheques purchased	Commission waived^# 0.125% commission in lieu of foreign exchange (min S$10, max S$150). Commission waived^#
Encashment (commission will be waived for cheques issued by HSBC Group) - In Singapore dollars - In foreign currency notes	Postage S$3. Commission waived^# 1% commission in lieu of foreign exchange (min S$20) plus postage S$3. Commission waived^#
For credit to account - S$50 and above	0.0625% commission (min. S$5, max S$100) plus postage of S$3
^# Waived for visiting Premier customers for encashment in Singapore.

HSBC Offshore Banking

Minimum Account Balance Fee	Waived⁺
Monthly Account Service Fee	Waived⁺
Offshore Banking Service Fee	S$30 per month (charged only if Total Relationship Balance falls below S$75,000. Total Relationship Balance includes deposits, investments and/or insurance)

All fees stated are subject to prevailing GST.
⁺ Refer to Deposits for the various deposit accounts' minimum account balance and monthly
account service fee.