Fees & Charges Guide
Service charges for Loans and Deposits with effect from 23 May 2025

CASH SERVICES
Description
Charges
Charge for Cash Deposit
Charge for Loan repayment in Cash
Free for first $25,000.00, additional $5.00 chargeable on every subsequent $5,000.00 or part thereof on amount above $25,000.00
Charge for Coin Deposit
Free for first 25 pieces of coins. $2.00 chargeable on every subsequent 100 pieces of coins or part thereof.
LOANS
Description
Charges
Unsuccessful Giro Deduction
$50.00
Returned Cheque
$50.00
Bank Charges
As charged + $10.00*
Statement of Account
Free for current year
Statement of Account (Immediate Past Year)
Free for immediate past year for 1st request, 2nd request thereafter will be $50.00* per account
Statement of Account (Beyond Immediate Past Year)
$50.00* per account per year
Audit Confirmation
1st 10 accounts-$50.00* flat
11-20 accounts-$100.00* flat
>20 accounts-$200.00* flat
Retrieval of loan related documents
1st 10 accounts-$50.00* flat
11-20 accounts-$100.00* flat
>20 accounts-$200.00* flat
Rescheduled Redemption
a) Mortgage, Shipping Loan and Land & Construction Loan
Within or after the expiry of the required redemption notice period - $100.00* per collateral

b) Block Discounting and Hire Purchase
(Applicable to Hirer settling 5 and above HP/Block loans)

Rescheduled redemption date > 1 month of enquiry - Free Rescheduled redemption date within 1 month of enquiry - $10.00* per account
* subject to GST
DEPOSITS ACCOUNTS EXCEPT VIVID SAVINGS ACCOUNT
Description
Charges
Early Account Closure Fee
$15.00 (if account is closed within 6 months of opening)
Loss of Passbook
$10.00 per passbook
Statement of Account
Free for current & immediate past year
Statement of Account (past years)
$50.00 flat fee
Confirmation on Estate Account
$50.00 per account (capped at $200.00)
Audit Confirmation
$50.00 per account (capped at $200.00)
Replacement of Cheque
$20.00* per cheque
Stop Cheque
$30.00* per cheque
* subject to GST
VIVID SAVING ACCOUNT
Description
Charges
Early Account Closure Fee
$25.00 (if account is closed within 6 months of opening)
Counter Transaction Fee
$3.00 per transaction (waived until further notice)
VIVID PREPAID MASTERCARD
Description
Charges
Early Card Termination Fee
$30.00 per card (if card is terminated within 6 months)
Card Replacement Fee
$20.00 per card
Transaction Investigation Fee
$30.00 per card
ATM PIN Reset
$5.00 per card
ATM Withdrawal Fee
Minimum 0.80% per withdrawal on withdrawn amount
Subject to additional network charges 1
ATM Decline Fee
$2.00 per withdrawal
ATM Balance Inquiry Fee
$2.00 per inquiry
Cross Border / Cross Currency / Issuer Forex Fee 2
3.00% on the transaction amount
1 SFL does not operate the ATM Network and therefore, usage is subjected to the ATM Network utilization charges.
2 Foreign exchange rate as determined by MasterCard
BUSINESS ACCOUNT
Description
Charges
Fall Below Fee
$35.00 per month (if the average daily balance 1 for the month falls below $2,000.00)
Monthly Account Fee
$5.00 per month
Early Account Closure Fee
$50.00 (if account is closed within 6 months of opening)
Cheque Book Issuance Fee
$5.00 per cheque book
Cheque Clearing Fee 2
$0.50 per cheque
Stop Cheque3
$30.00 per cheque
Cheque Image Retrieval
$50.00 per copy
Loss of Cheque Book
$50.00 per cheque book
Inward Returned Cheque
$30.00 per returned cheque due to insufficient funds
Statement of Account
Free for current & immediate past year
Statement of Account (past years)
$50.00 flat fee
Audit Confirmation
$50.00 per account (capped at $200.00)
1 Average Daily Balance is calculated by adding total amount of daily balance in the account divided by total number of days in the month.
2 Cheque Clearing fee refers to fee charged on a cheque that has been issued and presented to the bank for clearing.
3 Stop Cheque refers to stop payment of cheque issued by Business Account Holders.
OTHERS
Description
Charges
Claim of Dividend by Shareholder
For each of the past year’s dividend
Dividend amount > $20.00 - $5.00*
Dividend amount $20.00 and less than $20.00 - $2.00*
PDPA
a) Request for access to Personal Data
$30.00* for 1st time
$50.00* for subsequent request

b) Request for access to Personal Data (Image/CCTV)
Minimum $100.00* subject to further review on complexity of retrieval
* subject to GST