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Revision to BOC Private Banking (Singapore) Fee Schedule (Effective 1 March 2019)


2019-01-31

Dear Valued Customer,

We would like to inform you that with effect from 1 March 2019, we will be making the following changes to BOC Private Banking (Singapore) Fee Schedule.

CHEQUE SERVICES
  SGD Account USD Account
Cheque Stop Payment S$30 or its equivalent in the relevant foreign currency U$30 or its equivalent in the relevant foreign currency
Return Cheque due to Insufficient Funds S$40 or its equivalent in the relevant foreign currency U$40 or its equivalent in the relevant foreign currency
Return Cheque due to Technical Reason S$10 or its equivalent in the relevant foreign currency U$10 or its equivalent in the relevant foreign currency
Loss of Cheque Book S$30 or its equivalent in the relevant foreign currency U$30 or its equivalent in the relevant foreign currency
ACCOUNT  SERVICES
Account Maintenance Fee S$2,000 or its equivalent in the relevant foreign currency per annum, payable semi-annually in June and December
Dormant Account Fee** S$400 or its equivalent in the relevant foreign currency per month
OTHERS
Retrieval of documents/Statements Within 30 days More than 30 days
S$10 or its equivalent in the relevant foreign currency /copy S$30 or its equivalent in the relevant foreign currency /copy
Bank Reference S$20 or its equivalent in the relevant foreign currency /copy
Audit Confirmation S$20 or its equivalent in the relevant foreign currency /copy
Online Electronic Services Up to Two User(s) 3rd User Onward
Waived S$200 or its equivalent in the relevant foreign currency per annum per User payable in December
Account Closure Fee S$250 or its equivalent in the relevant foreign currency
INVESTMENT FUNDS
Subscription Fee up to 5% of the subscription amount depending on the fund house
SECURITIES ADMINISTRATIVE FEE
0.5% per annum on month end securities assets, payable quarterly in March, June, September and December; subject to a minimum of S$250 or its equivalent in the relevant foreign currency per quarter.
FOREIGN EXCHANGE PRODUCTS
FX Spot / Forward Spread up to 2% of the notional amount
FX Non-deliverable Forward Spread up to 2% of the notional amount
Dual Currency Investment Spread up to 2% of the notional amount

Should you have any enquiries, please contact us at +65 6412 8338 or +65 6412 8332.

Thank you for your continuous support.

Bank of China Limited Singapore Branch
31 January 2019

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