Cash Management | 01 March 2023-31 August 2023
Take advantage of our:
Low Initial Deposit
Initial deposit of only S$1,000 for SGD account and US$50,000 for USD account.
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Online Account Management
Manage your account and send/receive remittance globally with HLB ConnectFirst.
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Global Remittance
Send and receive remittance globally via HLB ConnectFirst.
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Check out our attractive interest rates below!
SGD Account Interest Rates
Balance Tiers (SGD) | Prevailing Rate (p.a.)* | Bonus rate (p.a.)* | Total Interest Rate (p.a.)* |
---|---|---|---|
First S$2,000,000 | 0.388% | 1.88% | 2.268% |
S$2,000,001 to S$5,000,000 | 0.468% | 1.88% | 2.348% |
S$5,000,001 to S$8,000,000 | 0.688% | 1.88% | 2.568% |
S$8,000,001 to S$10,000,000 | 0.888% | 3.00% | 3.888% |
S$10,000,001 to S$15,000,000 | 0.388% | 3.00% | 3.388% |
Balance above S$15,000,000 | 0.000% | 3.00% (SGD $15M to SGD $25M) | 3.000% |
Minimum initial deposit | S$1,000 | ||
Minimum average daily balance to qualify for interest | S$50,000 | ||
Monthly fall below fee (Average daily balance <S$50,000) | S$50 | ||
Early closure fee (Within 6 months of account opening) | S$200 | ||
Cheque Books | First 2 cheque books free S$25 per cheque book (for each subsequent cheque book) |
Additional Terms & Conditions apply, together with the General Banking Standard Terms and Conditions Governing Accounts.
*These interest rates are effective till 31 August 2023 and apply to New To Bank non-individual depositors only. HL Bank reserves the right to change, vary or revise these interest rates from time to time in its own absolute descretion
Bonus interest payable will be capped at SGD $25 million per customer account
USD Account Interest Rates
Balance Tiers (USD) | Prevailing Rate (p.a.)* | Bonus rate (p.a.)* | Total Interest Rate (p.a.)* |
---|---|---|---|
First US$2,000,000 | 0.38% | 2.68% | 3.06% |
US$2,000,001 to US$5,000,000 | 0.68% | 2.68% | 3.36% |
US$5,000,001 to US$8,000,000 | 0.88% | 3.00% | 3.88% |
US$8,000,001 to US$15,000,000 | 0.68% | 3.00% | 3.68% |
Balance above US$15,000,000 | 0.00% | 3.00% (USD $15M to USD $25M) | 3.00% |
Minimum initial deposit | US$50,000 | ||
Minimum average daily balance to qualify for interest | US$50,000 | ||
Monthly fall below fee (Average daily balance <S$50,000) | US$50 | ||
Early closure fee (Within 6 months of account opening) | S$200 (or its equivalent) |
Additional Terms & Conditions apply, together with the General Banking Standard Terms and Conditions Governing Accounts.
*These interest rates are effective till 31 August 2023 and apply to New To Bank non-individual depositors only. HL Bank reserves the right to change, vary or revise these interest rates from time to time in its own absolute descretion
Bonus interest payable will be capped at USD $25 million per customer account
Open a HL Premier Eight Account today!
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.