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Business Banking Pricing GuideBrunei Darussalam
Business Current Account
Fixed Deposit
Minimum Balance
Monthly Maintenance Fee(Below minimum balance)
Monthly Dormant Account Maintenance Fee(Inactive for 12 months)
Reactivation Fee
Monthly Service Fee for Offshore Company
Charges for overdrawn Account
BND250 or equivalent (one-off charge irrespective of account held)
18% pa. on the excess amount
CAD
5,000
45,000
48
300
12
40
NZD
5,000
45,000
48
300
12
40
GBP
5,000
22,500
30
150
8
25
USD
5,000
33,750
30
210
8
25
EUR
5,000
22,500
30
150
8
25
HKD
30,000
200,000
300
1,500
75
250
CNY *
30,000
200,000
300
1,500
75
250
SGD
10,000
45,000
75
300
15
10
JPY
300,000
3,500,000
5,000
25,000
1,500
4,000
AUD
5,000
45,000
48
300
12
40
AUD CAD NZD GBP USD EUR HKD CNY* SGDBND
The following is applicable for Fixed Deposit both BND and Foreign Currencies: • Standard Chartered reserves the right to forfeit all or any part of interest awarded at promotional rate in respect of a Fixed Deposit if you withdraw the Fixed
Deposit before it matures. • Any renewal of a Fixed Deposit is at the Bank’s prevailing Time Deposit board rate for the same tenor.
* Chinese Yuan Renmimbi Offshore
This charge is in addition to the prevailing charges for payment services where appropriate * Chinese Yuan Renmimbi Offshore. ** Only applicable when interest earned after penalties equivalent to BND20 or more.
Minimum Initial Deposit
Early Upliftment Service Fee**
Early Upliftment Penalty
BND 2,000 or equivalent
16 16 16 10 10 10 100 100 2020
Penalty is calculated on days remaining to maturity. The penalty is charged at 1.5% on top of the prevailing rate set by the Bank.
Interest paid is based on the nearest completed term less 1% whichever is lower of the following : 1. Counter rate on the upliftment date or2. Counter rate at the original contract date
No interest is paid when completed term is less than 1 month and when the interest after deduction is negative.
BND Business Current Account
Minimum Balance
Monthly Maintenance Fee(Below minimum balance)
Monthly Service Fee
Account Opening Fee
Account Closure (closed within 6 months of account opening)
Monthly Dormant Account Maintenance Fee(Inactive for 12 months)
Reactivation of Dormant Account
Charges for overdrawn Account
BND 10,000 BND 45,000 for Offshore Business Banking Company
BND 75
BND 300 for Offshore Business Banking Company
BND 250 for Offshore Business Banking Company only
Not Applicable
BND 50 or equivalent
BND 15
BND 10
18% pa. on the excess amount
Onshore Company
Offshore Company
Onshore Company
Offshore Company
We offer business foreign currency current account in several major currencies to support your business needs.
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Book Transfer
Book Transfer Within Own Accounts
Book Transfer to Other Accounts
Book Transfer Stop
Book Transfer Reject
Digital
Free
Free
BND30
Free
Manual
Free
Free
BND30
Free
Local Fund Transfers (RTGS)
Local Fund Transfer (RTGS)
Local Fund Transfer (RTGS) Stop
Local Fund Transfer (RTGS) Reject
Local Fund Transfer Return
Digital
BND 10
BND 30
Free
Free
Manual
BND 30
BND 30
Free
Free
Direct Credit (ACH)
Direct Credit to SCB Account
Direct Credit to 3rd Party Bank Account
Direct Credit to 3rd Party Bank Account (Payroll)
Direct Credit Stop
Direct Credit Reject
Direct Credit Return
Digital
Free
BND 2
BND 1
BND 30
Free
Free
Manual
Free
BND 2
BND 1
BND 30
Free
Free
Remittance - Outgoing Telegraphic Transfer
Payment Services
Outgoing Telegraphic Transfer (with FX)
Outgoing Telegraphic Transfer (without FX)
Outgoing Telegraphic Transfer Cover Charges
Outgoing Telegraphic Transfer Electronic
Debit Advice (Paper)
Outgoing Telegraphic Transfer Electronic
Debit Advice (Email)
Outgoing Telegraphic Transfer - Stop
Outgoing Telegraphic Transfer Repair
(Query/Amendment/Cancellation)
Digital
BND 10 + BND 50 (OUR Charge)
BND 10 + 0.1% (min BND 15, Max 100)
+ BND 50 (OUR charge)
BND 25
Free
Free
BND 30
BND 50 + any additional charges which may be
incurred by processing country
Manual
BND 30 + BND 50 (OUR Charge)
BND 30 + 0.1% (min BND 15, Max
100) + BND 50 (OUR charge)
Free
Free
BND 30
2
Set Up / Amendment
Periodic charge - Payment to Local Standard Chartered Bank Account
Periodic charge - Payment to account with another account in Brunei or overseas(*)
Penalty for insuf�cient fund
CAD
23
4
8
40
NZD
23
4
8
40
GBP
15
3
5
25
USD
15
3
5
25
EUR
15
3
5
25
HKD
150
25
25
250
CNY
150
25
25
250
SGD
130
5
10
30
AUD
23
4
8
40
* This charge is in addition to the prevailing charges for Telex/Draft/Cashier’s Order services where appropriate
Standing Instruction (SI)
BND Account
Set Up / Amendment
Periodic charge - Payment to Local Standard Chartered Bank Account or with another bank in Brunei or overseas*
Penalty for insuf�cient fund (after 3 attempts)
BND 15
BND 5
BND 30
Local Bank Cheque
Cashier’s Order Customization
Cashier’s Order Maintenance
Cashier’s Order Collect From Counter
Cashier’s Order Collect From Courier
Cashier’s Order Reject
Cashier’s Order Cancellation
Cashier’s Order Cancellation and Reissuance
Stale Cashier’s Order Cancellation
Digital
BND 250
BND 100
BND 10
BND 10 + BND 10
Free
BND 30
BND 15 + BND 20 (manual)
BND 15
Manual
BND 250
BND 100
BND 20
BND 20 + BND 10
Free
BND 15
BND 15 + BND 20 (manual)
BND 15
Beneficiary Advising
Bene�ciary Advice Setup
Bene�ciary Advice (Email)
Free
Free
3
International Bank Cheque
International Bank Cheque (with FX)
Collect From Counter
International Bank Cheque (with FX) Courier
International Bank Cheque (without FX)
Collect From Counter
International Bank Cheque (without FX)
Courier
International Bank Cheque Invoice Printing
International Bank Cheque Reject
International Bank Cheque Cancellation
Digital
BND 20
BND 20 + BND 10
BND 20 + 0.1%
(min BND 15, Max 100)
BND 20 + BND 10 + 0.1%
(min BND 15, Max 100)
Free
Free
BND 30
Manual
BND 40
BND 40 + BND 10
BND 40 + 0.1%
(min BND 15, Max 100)
BND 40 + BND 10 + 0.1%
(min BND 15, Max 100)
Free
N/A
BND 50
BND 85 (New York)
Corporate Cheque
Corporate Cheque Customization – Set up / Change Layout
Corporate Cheque Maintenance
Standard Cheque Book
Corporate Cheque Collect From Counter
Corporate Cheque Courier
Corporate Cheque Invoice Printing
Corporate Cheque Stop
Cashier’s Order Stop and Reissuance
Direct Marking of Cheque (LCY)
Immediate clearance of house cheque OTC (LCY)
Cheque Return due to technical reason- Issued on your account (LCY)
Cheque Return due to insuf�cient fund - Issued on your account (LCY)
Cheque Return – Deposited into your account (LCY)
Direct Marking of Cheque (FCY)
Cheque Return due to technical reason- Issued on your account (FCY)
Cheque Return due to insuf�cient fund - Issued on your account (FCY)
Cheque Return – Deposited into your account (FCY)
Digital
BND 350
BND 100
Not applicable
BND 1
BND 1 + BND 10
Free
BND 30
BND 15 + BND 1
BND 30
Free
BND 10
BND 100
Free
USD 15 or equivalent
USD 5
USD 50
Free
Manual
BND 350
BND 100
BND10 per book*
BND 1
BND 1 + BND 10
Free
BND 15
BND 15 + BND 1
BND 30
Free
BND 10
BND 100
Free
USD 15 or equivalent
USD 5
USD 50
Free
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*BND10 per book for 1-2 books per order. BND10 per book and BND5 service fee per book for 3 books or more per order.
Collection ServicesInward Telegraphic Transfers
Inward Telegraphic Transfer (with FX)
Inward Telegraphic Transfer (without FX)
Free
0.1% (min BND 15, max BND 100)
Domestic Electronic Collection
High-Value Electronic Collection (RTGS)
Low-Value Electronic Collection (ACH)
Free
Free
Foreign Currency Cheque (cleared overseas)
Cheque Collection (FCY) With FX – Cleared Overseas
Cheque Collection (FCY) Without FX – Cleared Overseas
1% (BND 35, max BND50) + prevailing TT buying rate upon clearance
plus applicable telex/swift and courier/postage charges
1% (BND 35, max BND50) + 0.1%* (min BND 15, max 100)
plus applicable telex/swift and courier/postage charges
Cash Related Transactions Charges
Local Currency Cheque Collection (cleared locally)
Cheque Collection (LCY) Local Cheque
Processing – Clear Funds
Free
Foreign Currency Cheque Collection (cleared locally)
Cheque Collection (FCY) Local Cheque
Processing – Clear Funds
1% (BND 35, max BND50) + 0.1%* (min BND 15, max 100)
plus applicable telex/swift and courier/postage charges
Cash Deposit Over the Counter (BND notes) to BND Account
Cash Deposit Over the Counter (Foreign Currency notes) to BND Account
Bulk deposit of coins (First BND50)
Bulk deposit of coins (Above BND50)
Bulk deposit of BND1 and BND5 notes (Above BND100)
Bulk deposit of BND1 and BND5 notes (Above BND100) deposited
via secured pack
Cash Withdrawal Over the Counter (BND Account)
Cash Deposit Over the Counter to Foreign Currency Account
(depositing foreign currency notes to the account of same foreign currency)
Cash Deposit Over the Counter to Foreign Currency Account
(depositing of foreign currency notes to the account of different currency)
Cash Withdrawal Over the Counter from Foreign Currency Account
(withdrawal of foreign currency notes from the account of same foreign currency)
Cash Withdrawal Over the Counter from Foreign Currency Account
(withdrawal of foreign currency notes from the account of different currency)
Free
Free
Free
10% of amount or min BND5
1% of amount or min BND10
0.5% of amount or min BND10
Free
1.5% or minimum charge of USD 8
(or currency equivalent) whichever is higher
Free
1.5% or minimum charge of USD 8
(or currency equivalent) whichever is higher
Free
* if cheque currency is similar with credit account currency
* if cheque currency is similar with credit account currency
Coin and Notes Services (Branch Transactions)
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Other Services Charge
Straight2Bank
Straight2Bank Set Up and Implementation
Straight2Bank Device (Vasco Token) Token Replacement / Additional Token
Straight2Bank – Training / Troubleshooting
Straight2Bank (Payment Initiation and Reporting) – Monthly Usage
Straight2Bank (Payment Initiation and Reporting) Reports – Email
Straight2Bank (Payment Initiation and Reporting) – Monthly Usage
Straight2Bank (Payment Initiation and Reporting) Reports – Email
Straight2Bank Info Manager – Monthly Usage
Straight2Bank Info Manager Reports - Web
Straight2Bank Info Manager Reports - Email
Straight2Bank Access Complex Setup and Implementation
Straight2Bank Access – Monthly Usage
BND 75
BND 20 per token (�rst 2 tokens free)
Free
BND50
Free
Free
Free
Free
Free
Free
BND500
BND50
Straight2Bank Transaction Initiation and Reporting (Payment Function)
Straight2Bank – Reporting (Enquiry) only
Straight2Bank – Info Manager
Straight2Bank Access
Document/ Statement and Investigation Services
Request for copies of past statement
Rate Enquiry / Credit Con�rmation
Traces per customer’s request
Cheque Retrieval (cheque image)
SWIFT MT940/950 (monthly)
BND20 per page
Free
BND 15 per tracer
BND10
BND120
Courier and Postage
Courier Charges
Postage and Fax Charges
Brunei
BND10
BND5
ASEAN
BND20
BND8
Others
BND40
BND10
Audit Confirmation
Past 2 Years
More than 2 Years
BND 100
BND 200
Letter of Reference
Certi�cate of Balance / Letter of Reference BND 30
Stamp Duty BND2
6
Trade ServicesImports
Letters of Credit (LC)
LC issuance
LC issuance
Minimum Fee
Discretionary charges for lengthy LC
0.125% per month or part thereof
0.25% (2 months) or BND50
BND20 per page
LC Cancellation
Cancellation fee
Minimum Fee
Maximum Fee
0.125%
Min. BND50 plus applicable telex/ swift and courier/
postage charges
Max. BND1000 plus applicable telex/ swift and
courier/ postage charges
LC Amendment
Amendment for sight/ usance LC
(*a further commission will be levied for increased amount or
extended validity of credit)
Extension of LC validity or increase in LC value
BND50 per amendment
0.125% per month or minimum fee of BND50
Import Bills under LC
Usance/ Deferred payment commission
Expired LC
Overdrawn amount for sight/usance LC
Discrepancy fee (for bene�ciary)
0.125% per month (on bill amount) or minimum BND50
0.125% per month (on bill amount) or minimum BND50
0.125% per month (on bill amount) or minimum BND50
BND75
Brunei
Full Text or Amendment L/C
ASEAN
Full Text L/C
Amendment L/C
Other Countries
Full Text L/C
Amendment L/C
BND30
BND50
BND30
BND100
BND50
Transmission Handling Fee for Full Text or Amendment L/C via Telex/ SWIFT
7
Collections
Import Bills for Collection (DA/DP)
Handling commission
Release of documents free of payment
Handling commission (for presenting to other local banks)
Tracing/ Enquiry Fee
Amendment
Protest handling fee
0.125% on the amount of the bill or minimum BND50
BND50
BND15 per presentation plus ½ share of commission of 0.125%
or minimum BND50
BND15 per chase / tracer
BND30 per transaction
BND100 plus legal expenses and notary fees
Shipping Guarantee
Issuance fee
Under LC
Under Collections Bills for customer with Trade facility
BND30
0.125% on invoice amount or minimum BND30
Guarantee
Guarantee/ SBLC issuance
Processing Fee
Renewal Fee
- Commission (fully cash secured or by third party reputable bank)
- Commission (secured by SCB branch overseas)
- Commission (partially secured/ unsecured)
- Amendments
Stamp Duty for Letter of Indemnity
BND 250
BND 200
1% p.a. or BND 200 per guarantee (whichever is higher)
USD100 �at
1.5% p.a. or BND 200 per guarantee (whichever is higher)
BND100 per guarantee
BND2
8
Trade ServicesExports
Collections
Letters of Credit (LC)
LC Advising
LC Advising fee for customers
LC Advising fee for non-customers
BND30
BND50
LC Amendment
LC Amendment
LC Amendment fee for customers
LC Amendment fee for non-customers
BND30
BND50
LC Amendment
Documents Presented under Export L/C
Document handling fee (for sight/ usance export LC) 0.125% on invoice amount or minimum BND50
Export Bills for Collection
Handling commission
Amendment charges to Collection instruction
Chaser/ tracer
0.125% on invoice amount or minimum BND50
BND30
BND15 per chase / tracer
9
Commission-in-lieu of exchange
- BND1 to BND100,000
Minimum Fee
Maximum Fee
0.1%
BND15
BND100
Stamp Duty
- Sight Draft
- Usance Draft
BND0.10
0.1% of draft amount
Handling Fee for Aborted/ Cancelled Transaction
Minimum Fee
Maximum Fee
0.125% plus applicable telex/ swift ad courier/ postage charges
BND50
BND1,000
Courier, Postage and Fax Charges
- Courier Charges
- Postage & Fax Charges
Other Charges
Letter of Intent (non-committal)
Issuance Fee BND50
Brunei BND10
ASEAN BND20
Others BND40
Brunei BND5
ASEAN BND8
Others BND10
10
Full Prepayment Fee
Loan paid up to 5 years
Loan paid up over 5-10 years
Loan paid up over 10 years or more
5% of loan outstanding or minimum BND5,000 whichever is higher
3% of loan outstanding or minimum BND3,000 whichever is higher
1.5% of loan outstanding or minimum BND1,500 whichever is higher
Partial Prepayment Fee
Loan paid up to 5 years
Loan paid up over 5-10 years
Loan paid up over 10 years or more
Payout Fee if loan transferred to another bank
Late Payment Fee
3% of prepaid amount
1.5% of prepaid amount
1% of prepaid amount
3% of loan outstanding balance or minimum BND3,000 in addition to the Full
Prepayment Fee
Overdue interest of 13.5% pa. on the unpaid monthly installment
Processing Fee
Top Up
Full Prepayment Fee
New Loan
Top Up
Partial Prepayment Fee
Amendment Fee
Late payment Fee
1% of loan amount or minimum BND500, whichever is higher
0.5% of loan amount or minimum BND250 whichever is higher
(no repayment allowed within �rst 12 months)
10% of outstanding balance or minimum of BND5,000 whichever is higher
Waived
3% of amount prepaid or minimum BND500 whichever is higher
BND500 per request
BND60 plus overdue interest of 13.5% pa. on the unpaid monthly instalment.
Business Mortgage and Working Capital (including Overdraft)
Business Instalment Loan
Processing Fee(For Guarantee, kindly refer to "Guarantee" section above)
Amendment / Cancellation Fee
Renewal Fee(For Guarantee, kindly refer to "Guarantee" section above)
1% of the loan amount with minimum of BND500 and maximum BND1,000
BND400
BND400
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Note:
(1) Standard Chartered Bank reserves the right to vary, modify, add, delete or otherwise revise any of these terms, at the Bank’s sole and absolute discretion, with or without prior notice or reason.
(2) For Foreign Currency Accounts, charges (where applicable) will be charged in the respective currencies.
(3) In case of any inconsistency or dispute, the higher rates shall prevail.
(4) For details of specialized products or structured cash solutions, please contact your Relationship Manager.
For Trade Services, Business Mortgage, Working Capital and Business Instalment Loan
(5) Interest on loan and working capital products is charged at our prevailing rates which may be sighted upon request. A higher rate will apply for all unauthorised excess.
(6) No commission is refundable where a documentary credit is cancelled, expires or is totally or partially unutilised.
(7) All fees may differ during promotions.
(8) Other charges may apply depending on the complexity or urgency of facility
© Standard Chartered Bank (Brunei Branch) | Registration Number RFC/61.Standard Chartered Bank is incorporated in England with limited liability by Royal Charter 1853 Reference Number ZC18. Standard Chartered Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority.
GadongG01-02Wisma Haji Mohd Taha BuildingJalan GadongBrunei Darussalam BE4119
Operating HoursMonday - Thursday: 9.00am - 4.00pmFriday: 9.00am-11.30am, 2.00pm - 4.00pmSaturday to Sunday and Public Holidays: Closed
Kuala BelaitUnit 1B, Lot75, Wisma Hainan, Ground & First Floor, Jalan Bunga Raya, Kuala Belait KA1131
Operating HoursMonday - Thursday: 9.00am - 4.00pmFriday: 9.00am-11.30am, 2.00pm - 4.00pmSaturday to Sunday and Public Holidays: Closed
Business Banking Centres