Important information

30 November, 2021

Cheque Book Fee and Commercial bank tariff update with effect from 1 January 2022

In November last year, we informed you of changes to some of our Commercial Bank Tariffs with effect from 1 January 2021. This includes the cheque book fees being revised. We have not charged the revised cheque book fees during the year to allow you time to transition to digital payments. However, this will be effected from 1 January 2022. The revised charges and terms are as follows:

1. Waiver of fee on first cheque book

2. Subsequent cheque books at S$10 per book (Singapore Dollar) and US$10 per book (US Dollar) respectively

3. The default number of cheque books issued will change to one (1) only, to avoid unnecessary charges on subsequent cheque books you may not need.

For more information on our latest tariff, please visit Tariff 2022 (PDF, 2.45MB) or download the full details here.


(1) With effect from 1 October 2021, we will no longer be offering Demand Draft service.

Please note that the last day for you to submit any instruction for demand draft issuance is 30 September 2021 before the cut-off time of 15:00 hours. All demand drafts issued by us will continue to be honoured for a period of up to 6 months after the date of its issuance.

Please consider alternative forms of electronic payments such as cross border payment via Telegraphic Transfer service in place of demand drafts.

Click here for more information.


(2) With effect from 1 September 2021, all HSBCnet physical token are chargeable at SGD30 per token.

Access HSBCnet without a physical token now. With HSBCnet app, you can use your mobile device to log on and access your accounts on your computer.

Please click here to download the latest tariff.

Please click here for a summary featuring key changes.


(3) Branch closure notice:

We wish to inform you of the following branch closure:

Effective date: 19 July 2021
Location: HSBC Tampines Branch
10 Tampines Central 1, #01-25/26/27 Tampines 1, Singapore 529536

The last day of business at the branch for customers will be on Saturday 17 July 2021. All banking services at this branch, including self-service facilities such as ATM and quick cheque deposit, will cease on 19 July 2021.

After this branch closure, you can continue to visit any of our other HSBC branches for your corporate banking needs.


(4) With effect from 1 July 2021, the redemption notice periods for Business Property Financing Facilities and committed term loans which are secured by all types of Singapore properties will be shortened from the current three (3) months to two (2) months.

For redemption notices received before 1 July 2021, the redemption notice period(s) as stated in your existing facility documentation shall continue to apply.


Click here for more information.

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