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Features & Benefits
Free FAST Transactions
Enjoy unlimited free local fund transfers via FAST (Fast and Secure Transfers) for quick and seamless payments.
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Free GIRO Payments
Automate your recurring payments with free GIRO services, simplifying your bill management.
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Manage your account online
Free access to Business Internet Banking Services 24/7 through HLB ConnectFirst.
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Flat rate for outward telegraphic transfer
Send money internationally with a flat outward telegraphic transfer rate of S$18 (excluding any applicable agent fee).
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Interest Rates
Attractive interest rates of 0.388% on entire balance.
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Low monthly fall-below fee
A low monthly fall-below fee of S$35 if your average daily deposit balance falls below S$30,000.
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Minimum initial deposit
Minimum initial deposit of S$1,000.
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General Banking Standard Terms and Conditions apply, together with Terms & Conditions for HLB ConnectFirst.
Note:
- HLB Biz Growth Account is a current account. This account is eligible for young businesses incorporated for up to 3 years, or companies with a paid-up capital of up to S$10,000.
- This account is eligible for new corporate customers of HL Bank.
- Customers with HLB Premier Eight Account (SGD) are ineligible to open an HLB Biz Growth Account, and vice versa.
- Above FAST and Telegraphic Transfer fees apply only to transactions performed through HLB ConnectFirst.
Deposit Insurance Scheme ("DI Scheme")
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Open an HLB Biz Growth Account digitally and get free access to HLB ConnectFirst, a seamless platform for your business banking needs.
For existing customers, please follow the steps below: