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Features & Benefits
Low Initial Deposit
Initial deposit of only S$1,000 for SGD account and US$50,000 for USD account.
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Cheque Book & Statement
Cheque book and monthly e-statement provided. (Cheque book only applicable to SGD account)
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Manage your account online
Free access to Business Internet Banking Services 24/7 (via HLCF).
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Cheque Clearing Fee
No cheque clearing fees.
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Global Remittance
Send and receive remittance globally (via HLCF).
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Interest Rates
Get attractive interest rates.
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HL Premier Eight Account (SGD)
Balance Tiers (SGD) |
Interest Rates (p.a.) |
---|---|
First S$2,000,000 |
0.388% |
S$2,000,001 to S$5,000,000 |
0.468% |
S$5,000,001 to S$8,000,000 |
0.688% |
S$8,000,001 to S$10,000,000 |
0.888% |
S$10,000,001 to S$15,000,000 |
0.388% |
Balance above S$15,000,000 |
0.000% |
Minimum initial deposit | S$1,000 |
Minimum average daily balance to qualify for interest | S$50,000 |
Monthly fall-below fee (Average daily balance <S$50,000) | S$50 |
Early closure fee (Within 6 months of account opening) | S$200 |
Cheque Books | First 2 cheque books free S$25 per cheque book (for each subsequent cheque book) |
Additional Terms & Conditions apply, together with the General Banking Standard Terms and Conditions Governing Accounts.
HL Premier Eight Account (USD)
Balance Tiers (USD) |
Interest Rates (p.a.) |
---|---|
First US$2,000,000 |
0.38% |
US$2,000,001 to US$5,000,000 |
0.68% |
US$5,000,001 to US$8,000,000 |
0.88% |
US$8,000,001 to US$15,000,000 |
0.68% |
Balance above US$15,000,000 |
0.00% |
Minimum initial deposit | US$50,000 |
Minimum average daily balance to qualify for interest | US$50,000 |
Monthly fall-below fee (Average daily balance <US$50,000) | US$50 |
Early closure fee (Within 6 months of account opening) | S$200 (or its equivalent) |
Additional Terms & Conditions apply, together with the General Banking Standard Terms and Conditions Governing Accounts.
Deposit Insurance Scheme ("DI Scheme")
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.