Standard Chartered offers basic bank accounts for low-income Singaporeans,
but have just announced that they will be imposing a $2 monthly account service charge
regardless of your bank balance.
Earlier this morning, I was alerted to the changes in Standard Chartered’s banking fees by Kenji. Surprisingly, I haven’t heard much about this from the mainstream media, so I decided I just had to share this with all of you readers, lest any of you get affected as well.
Current SC account holders should have already gotten a letter about these fee changes, so I hope you read them. If not, here goes.
Read and take note.
Disclaimer: All information from this post are facts obtained from Standard Chartered’s website. Budget Babe will not be held liable for any decisions made regarding one’s bank account after reading this post.
In summary, Standard Chartered has just announced that they will …