• About
  • Advertise
  • Privacy & Policy
  • Contact
Saudia Times
Advertisement
  • Home
  • Africa
  • Business
  • Europe
  • Finance
  • latest news
  • Middle East
  • Politics
No Result
View All Result
  • Home
  • Africa
  • Business
  • Europe
  • Finance
  • latest news
  • Middle East
  • Politics
No Result
View All Result
Saudia Times
No Result
View All Result
Home Finance

StanChart to charge S$5 fee for credit card and loan bills paid over branch counters

admin by admin
September 3, 2020
in Finance
0
StanChart to charge S$5 fee for credit card and loan bills paid over branch counters
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Thu, Sep 03, 2020 – 3:13 PM

STANDARD Chartered Singapore has imposed a S$5 service fee per transaction for all credit card or personal loan payments made over branch counters.

This comes as part of the bank's "constant pursuit to bring digital convenience" to its customers here, said StanChart in an email alert to customers seen by The Business Times (BT).

In response to queries from BT, the bank said over 98 per cent of credit card payments are made via other channels, such as mobile/online banking, interbank GIRO, cash deposit machines, and fast and secure transfers (Fast).

"Redirecting repayments to digital channels make sense, as branches can focus better on helping clients with more complex services and assistance. As with all our banking services, assistance, exceptions and waivers are in place for vulnerable clients who visit our branches," a StanChart spokesperson said.

The UK-headquartered lender, which was recently named Singapore's first "Significantly Rooted Foreign Bank", has 16 branches here.

Stay updated with
BT newsletters

Checks by BT confirmed that the local banking trio and Maybank Singapore do not charge similar service fees at their branches. Citibank Singapore's pricing guide found online showed a service fee of S$10.70 – inclusive of GST – for each payment made to a Citi Ready Credit account at Citibank branches, on a per accoRead More – Source

businesstimes
Previous Post

MAS introduces new SGD funding facility for banks, boosts access to liquidity

Next Post

The coronavirus economy: How bad will it get?

admin

admin

Next Post
The coronavirus economy: How bad will it get?

The coronavirus economy: How bad will it get?

Stay Connected test

  • 111 Followers
  • 51.3k Followers
  • 121k Subscribers
  • 23.5k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Surrender deadline nears as Ethiopia prepares Tigray attack

Surrender deadline nears as Ethiopia prepares Tigray attack

November 25, 2020
Saudi foreign minister receives UN special envoy to Syria

Saudi foreign minister receives UN special envoy to Syria

November 25, 2020
Jobless aid for nearly 14 million Americans to expire the day after Christmas

Jobless aid for nearly 14 million Americans to expire the day after Christmas

November 25, 2020
‘The Flight Attendant’ serves up a fun trip thanks to Kaley Cuoco

‘The Flight Attendant’ serves up a fun trip thanks to Kaley Cuoco

November 25, 2020
Iraq’s Kurdistan offers to freeze independence referendum results

Iraq’s Kurdistan offers to freeze independence referendum results

0
Outcry over naming Mugabe WHO ambassador

Outcry over naming Mugabe WHO ambassador

0

Somalia bombings: Death toll climbs to 358

0

At least 16 Egyptian police officers killed while raiding hideout

0
John Lewis boss calls for Covid-style cost of living aid package

John Lewis boss calls for Covid-style cost of living aid package

May 12, 2022
Finland to apply for Nato membership ‘without delay’

Finland to apply for Nato membership ‘without delay’

May 12, 2022
Shireen Abu Aqla: UN chief appalled at Al Jazeera reporter’s killing

Shireen Abu Aqla: UN chief appalled at Al Jazeera reporter’s killing

May 12, 2022
Apple loses position as most valuable firm amid tech sell-off

Apple loses position as most valuable firm amid tech sell-off

May 12, 2022

Recent News

John Lewis boss calls for Covid-style cost of living aid package

John Lewis boss calls for Covid-style cost of living aid package

May 12, 2022
Finland to apply for Nato membership ‘without delay’

Finland to apply for Nato membership ‘without delay’

May 12, 2022
Shireen Abu Aqla: UN chief appalled at Al Jazeera reporter’s killing

Shireen Abu Aqla: UN chief appalled at Al Jazeera reporter’s killing

May 12, 2022
Apple loses position as most valuable firm amid tech sell-off

Apple loses position as most valuable firm amid tech sell-off

May 12, 2022
Saudia Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Business
  • Europe
  • Finance
  • latest news
  • Middle East
  • Politics
  • Uncategorized

Recent News

John Lewis boss calls for Covid-style cost of living aid package

John Lewis boss calls for Covid-style cost of living aid package

May 12, 2022
Finland to apply for Nato membership ‘without delay’

Finland to apply for Nato membership ‘without delay’

May 12, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Africa
  • Business
  • Europe
  • Finance
  • latest news
  • Middle East
  • Politics

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.