Singapore Dollar Current Account

Benefits and features

Free cheque book
Personalised debit card, PhoneBanking and Internet Banking services

Our Singapore dollar current account takes the hassle out of managing your daily finances. Making payments has never been simpler or more convenient. With an HSBC Current Account, you'd achieve effective management of your monthly bills! With the debit card, PhoneBanking and Internet Banking services, you can access your account and a wide range of banking transactions, 24 hours a day, 7 days a week.

Eligibility

Individuals (residents/non-residents) aged 21 and above
Minimum initial deposit of S$2,000

Fees

Minimum balance fee of S$7.50 if average daily balance falls below S$3,000
Closure fee of S$50 if account closed within 6 months from opening date.

Required documents

Identity Card/Passport
Proof of Address

Act now

Phone: 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas
Make an appointment with us today

Terms and conditions governing personal deposit accounts

Important notes

Under the provisions of the Deposit Insurance Act 2005 (the "Act"), Singapore dollar denominated deposits with HSBC held by individual depositors or charities will be insured by the Singapore Deposit Insurance Corporation Limited for up to the limit specified in the Act. For more information, click here.

On 16 October 2008, it was announced that the Singapore Government will offer protection under a guarantee of up to S$150 billion for all Singapore dollar and foreign currency deposits of individuals and non-bank customers in banks, finance companies and merchant banks licensed by the Monetary Authority of Singapore. This guarantee will remain in place until 31 December 2010. Media reports have stated that the Singapore Government guarantee does not cover structured deposits and pledged deposits. Accordingly, dual currency investments, structured deposits and deposits which are pledged, charged or secured as collateral are not covered by this guarantee.

With effect from 1 April 2010, your liability prior to debit card loss reporting will be capped at S$100 provided that you have not acted fraudulently, negligently or failed to report the card loss immediately. Click here for more details.