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Notice on the Shortening of Premium Financing Loan Redemption Notice Period (Effective from 1 Oct 2022)


2022-09-01

Dear Valued Customers

With effect from 1 Oct 2022, the Bank will shorten the redemption notice period for Premium Financing Loans from three (3) months to two (2) months.

The redemption notice period in the original Letter of Offer and STCs shall continue to apply for redemption notices received before 1 Oct 2022.

Should you require any clarification, please contact our 24-Hour Customer Service Hotline at 1800 66 95566 (Singapore) or +65 677 95566 (overseas).

Bank of China Limited Singapore Branch
1 Sep 2022

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