BIZPOWER QUAD+ CURRENT ACCOUNT

Accelerate your business with the BizPower Quad+ Current Account

Highlights & Benefits

Your growing business deserves a reliable banking solution that gives you higher returns and lower fees.



Get more of everything

 

With RHB's premier Business Current Account, you enjoy more of everything - earn interest of up to 2.08% per annum and enjoy even more savings and discount perks.

 


Competitive interest rates

 

A lot of hard work goes into managing a business. Let us make things easier for you. With our preferential fixed deposits and flexible tenure choices, you will be earning one of the highest interest rates in the market and getting closer to your financial goals.

 

Minimum qualifying amounts for preferential fixed deposit rates are S$200,000 or US$200,000.


Transfer or make payments globally
 

Receiving or sending funds across the globe? With the BizPower Quad+ Current Account, you get to enjoy preferential remittance and foreign exchange rates, and free inward telegraphic transfers. You will also benefit from flat fee cable charges (S$20 or US$20 per transaction) with commissions waived for outward transfers via REFLEX.



Lower your business cost

 

As a BizPower Quad+ Current Account customer, you enjoy discounted Commission Rates/Handling Charges* for your Trade Services Transactions, giving your business a saving boost.

 

Pay only 1/16% commission charge instead of the usual 1/8% commission for services such as Export LCs/Outward Bills Collection (i.e. DA/DP Negotiation)


*Subjected to a minimum amount of S$70 for SGD BizPower Quad+ Current Account



Get more of everything

 

With RHB's premier Business Current Account, you enjoy more of everything - earn interest of up to 2.08% per annum and enjoy even more savings and discount perks.

 


Competitive interest rates

 

A lot of hard work goes into managing a business. Let us make things easier for you. With our preferential fixed deposits and flexible tenure choices, you will be earning one of the highest interest rates in the market and getting closer to your financial goals.

 

Minimum qualifying amounts for preferential fixed deposit rates are S$200,000 or US$200,000.


Transfer or make payments globally
 

Receiving or sending funds across the globe? With the BizPower Quad+ Current Account, you get to enjoy preferential remittance and foreign exchange rates, and free inward telegraphic transfers. You will also benefit from flat fee cable charges (S$20 or US$20 per transaction) with commissions waived for outward transfers via REFLEX.



Lower your business cost

 

As a BizPower Quad+ Current Account customer, you enjoy discounted Commission Rates/Handling Charges* for your Trade Services Transactions, giving your business a saving boost.

 

Pay only 1/16% commission charge instead of the usual 1/8% commission for services such as Export LCs/Outward Bills Collection (i.e. DA/DP Negotiation)


*Subjected to a minimum amount of S$70 for SGD BizPower Quad+ Current Account

Ready to enhance your Business banking experience?

SGD vs USD Account Comparison

SGD
BizPower Quad+

USD
BizPower Quad+

Min. Initial Deposit

SGD 30,000

USD 30,000

Min. average daily balance

SGD 30,000

USD 30,000

Fall-below fee

SGD 80

USD 80

Interest Rates

Deposit Balance (SGD) Interest Rates
(p.a.)
First 1 million 0.80%
Above 1 million to 3 million 2.08%
Remaining balance above 3 million 0.30%
Deposit Balance (USD) Interest Rates
(p.a.)
From 0 and above 0.68%
   
   

Early account closure fee
(within 6 months)

SGD 200

USD 200

Cheque

First 2 cheque books free (50 leaves)
S$25 per cheque book (for each subsequent cheque book)

S$0.75 per cheque issuance fee

First 2 cheque books free (50 leaves)
US$25 per cheque book (for each subsequent cheque book)
US$0.75 per cheque issuance fee

*Interest rates are subject to change without notice.

Account Charges (Singapore Dollar Accounts)

Fees

Current Account

BizPower Quad Current Account

BizPower Quad + Current Account

Interest Rates (p.a.)*

Non-interest bearing account

0.188% (Capped at S$10,000,000 balances)

Amount

Interest Rate

First 1 million

0.8%

Above S$1 million to S$3 million

2.08%

Remaining balance > S$3 million

0.30%

Initial Deposit

S$3,000

S$1,000

S$30,000

Minimum Average Daily Balance

S$10,000

S$15,000

S$30,000

Fall-below Fee

S$38

S$50

S$80

Minimum Average Daily Balance to qualify for interest

N/A

S$20,000

S$30,000

Early Account Closure Fee (Within 6 months)

S$40

S$60

S$200

Minimum Charge on Incidental Overdraft (AC without overdraft facility)

Prime + 5% p.a. payable on overdrawn amount OR minimum S$30, whichever is higher

Cheque Books

S$25 per cheque book (50 leaves)

First 2 cheque books free (50 leaves) S$25 per cheque book (for each subsequent cheque book)

First 2 cheque books free (50 leaves) S$25 per cheque book (for each subsequent cheque book)

Account Periodic Review Fees
(For Foreign Business Entity and Specific Business Entity)

Minimum S$500 (or equivalent)

Account Setup Fee

A one-time setup fee may apply

Documents Required


 

For new customers

Account Application Form For New Clients


For existing customers

Account Application Form For Existing Clients

Account Info Update Form

Corporate Account Request Form (Cheque Book/Statement Request Form)

Corporate Account Closure Form

Corporate Account Fund Transfer Form

Remittance Form

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Disclaimer

All information is correct at time of publication. Other Terms and Conditions apply.

 
 
Deposit Insurance 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.

 
 
Important Notice

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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