Features & Benefits
Easy to Open
Hassle-free account opening with MyInfo to retrieve your personal information.
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Easy Access
Manage your account through HL Bank Connect (for individuals) and keep track of your finances at your convenience.
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Transfer funds
Transfer funds effortlessly with HL Bank Connect (for individuals). No queues, no hassles.
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*Cheque book will be provided upon request
Deposit Insurance Scheme ("DI Scheme")
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Requirements:
18 years and above
Applicable to individuals and non-individuals including societies and small businesses (sole proprietors, partnerships, clubs and associations)
You can have a maximum of one individual Current Account and one joint Current Account with another person
Applicable to Singapore citizens, permanent residents or foreigners with valid documentation
Note: Account opening is subject to Bank's approval. Introducer's recommendation is required for non-individual account only.
- Personal Account - S$10 monthly service fee if average daily balance falls below S$10,000
- Corporate Account - S$20 monthly service fee if average daily balance falls below S$10,000
- S$30 early account closure fee if account is closed within 6 months of opening
