Highlights & Benefits
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 |
USD |
|||||||||||||||||
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 |
|
|
||||||||||||||||
Early account closure fee |
SGD 200 |
USD 200 |
||||||||||||||||
Cheque |
First 2 cheque books free (50 leaves) |
First 2 cheque books free (50 leaves) |
*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 |
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 |
You may also be interested in these products
All information is correct at time of publication. Other Terms and Conditions apply.
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.
This advertisement has not been reviewed by the Monetary Authority of Singapore.