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Online Banker’s Guarantee highlights
|Types of Banker’s Guarantees available||Performance Guarantee|
Issued for the purposes of:
|Collateral||Fixed Deposit or Cash* of the equivalent amount|
will be used to secure the guarantee
|Issuance / Amendment fees for standard format (Minimum fee, whichever is higher)||Tenor ≤ 2 year:|
1% p.a. or min. SGD 100
Tenor > 2 year:
1.5% p.a. or min. SGD 100
|2% p.a. or min. SGD 100|
|Processing Fees||SGD 100 (if lodgement with ACRA is not required)|
SGD 300 (includes lodgement with ACRA)
SGD 100 OFF# all online applications!
|Local Delivery Fees||Free!|
Local Delivery Fees waived# for all online applications!
|Please refer to our Pricing Guide for full details on Trade Service fees and charges.|
*For Banker’s Guarantee tenors of less than or equal to 3 years, cash is required as a form of collateral.
For Banker’s Guarantee tenors of more than 3 years, fixed deposits are required as a form of collateral.
# Valid until 31 December 2017
You are as long as you fulfil the following:
Because we’re Asia’s leading SME bank. With us at your side, we’ll help ignite your spark for whatever you choose, by giving you better insights, innovation and performance. After all, this has made us the best SME bank in Asia. So you can live more, bank less.
Retail Banker International
Excellence in SME Banking 2016, Asia
Best SME Bank for Working Capital & Treasury 2015, Singapore
Best Corporate/Institutional Digital Bank 2015, Singapore