The Bank of East Asia

Corporate Banking

Current Accounts

    • Singapore Dollar Current Account

      • A non-interest bearing account for sole proprietors, partnerships, firms, and societies / associations / clubs.
      • A monthly statement of account is provided.
      • A minimum initial deposit of S$3,000 is required.
      • A S$35 minimum balance charge will be levied if the monthly average daily balance is less than S$15,000.
      • A handling charge of S$10 (or its equivalent) will be deducted from the proceeds of inward remittance.

 

  • Foreign Currency Current Account

    • A non-interest bearing account for sole proprietors, partnerships, firms, and societies / associations / clubs.
    • A monthly statement of account is provided.
    • A minimum initial deposit of US$3,000 (or its equivalent) is required.
    • A US$35 (or its equivalent) minimum balance charge will be levied if the monthly average daily balance is less than US$15,000 (or its equivalent).
    • A handling charge of US$6 (or its equivalent) will be deducted from the proceeds of inward remittance.

 

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