Account Service Fees
Minimum Balance Fee: A minimum balance fee per month is applicable if the average daily balance falls below the minimum requirement :
| Currency |
Minimum Average Daily Balance
|
Minimum Balance Fee
|
|---|---|---|
| USD |
1,000
|
5
|
| GBP |
1,000
|
5
|
| AUD |
1,000
|
5
|
| HKD |
10,000
|
50
|
| JPY |
100,000
|
500
|
| EUR |
1,000
|
5
|
| CAD |
1,000
|
5
|
| NZD |
1,000
|
5
|
| Note : All amounts stated in the table are in the original foreign currency. | ||
| Withdrawal | |
|---|---|
| Conversion to Singapore Dollars | |
|
Free |
|
S$20 |
|
Free if made payable to own name. S$5 if made payable to Third Party. |
| Deposit | |
|---|---|
| Cheque | |
|
Free cheque deposit (till 31 October 2023) |
|
0.125% commission, subject to a minimum of US$20 and maximum of US$100. Agent Fee may apply. |
| Telegraphic Transfer (TT): | US$5 |
| Cheque | |
|---|---|
| Individual customers | |
|
Free cheque (till 31 October 2023) US$0.75 per cheque (from 1 November 2023) |
|
Free (till 31 October 2023) Free until further notice (from 1 November 2023) |
|
First cheque book is free, subsequent cheque books will be charged at US$10 each (till 31 October 2023) US$10 per cheque book (from 1 November 2023) |
|
Non-individual customers |
|
|
Free cheque (till 31 October 2023) US$0.75 per cheque (from 1 November 2023) |
|
Free (till 31 October 2023) Free until further notice (from 1 November 2023) |
| Cheque sent to Maybank on collection basis by banks: | 0.125% commission in lieu of exchange (min. US$20). Cable Charge of US$15 or Demand Draft Charge of US$5, whichever applicable. Agent Fee may apply |
| Returned Cheque due to | |
|
US$40 per cheque |
|
US$40 per cheque |
| Returned Cheque (Collection): | 0.125% commission, subject to a minimum of US$5 and maximum of US$50 per cheque. Agent Fee may apply |
| Stop Payment on Cheque: | US$30 per cheque |
We will notify you of any changes by giving you 30 days' notice except where otherwise stated in the Terms and Conditions governing the Bank's relevant Products and Services.
Inward Remittance Charges are based on the respective currency received (for local and overseas inward transfer). We will notify you of any changes by giving you 30 days' notice except where otherwise stated in the Terms and Conditions governing the Bank's relevant Products and Services.