STANDARD CHARTERED BANK (SINGAPORE) LTD., with UEN number 201224747C, is a cornerstone of Singapore’s financial landscape, offering a wide range of banking services to individuals, businesses, and corporations. Since its establishment in Singapore in 1859, STANDARD CHARTERED BANK (SINGAPORE) LTD. has been a pivotal player in the nation’s financial sector. As a subsidiary of Standard Chartered PLC, a British multinational bank headquartered in London, it brings global expertise to the local market. The bank received its Qualifying Full Bank (QFB) license in 1999, followed by the prestigious “Significantly Rooted Foreign Bank” (SRFB) status in 2020, reflecting its deep commitment to Singapore. In 2013, it transferred its Retail and SME businesses to the locally incorporated Standard Chartered Bank (Singapore) Limited (SCBSL), and by 2019, it consolidated its Commercial Banking, Corporate & Institutional Banking, and Private Banking operations under SCBSL. Today, Singapore serves as a hub for the bank’s global business leadership, technology operations, and SC Ventures, its innovation arm, as noted on their About Us page.
Summary of Services/Products
Standard Chartered Bank Singapore offers a comprehensive suite of financial services tailored to meet diverse needs:
- Personal Banking: Includes savings accounts like e$aver, credit cards, personal loans (e.g., CashOne), and mortgages.
- Wealth Management: Offers investment solutions, insurance, and Priority Banking with exclusive benefits like up to S$5,000 cash rewards or S$10,000 in Signature CIO fund units.
- Corporate and Institutional Banking: Provides trade finance, cash management, and corporate lending for businesses.
- Global Markets: Features foreign exchange services like LiveFX, offering up to 87% savings on spreads, and securities services.
- Digital Banking: The SC Mobile app enables seamless transactions, bill payments, and wealth management, while Trust Bank, a digital bank venture with FairPrice Group, offers savings, spending, and investment options.
These services are accessible through 11 branches, 4 Priority Banking Centres, and over 30 ATMs, ensuring convenience for all clients. Explore their offerings at Standard Chartered Singapore.
Unique Value Propositions or Benefits
Standard Chartered Bank Singapore distinguishes itself through several key strengths:
- Rich Heritage and Global Reach: With over 160 years in Singapore and a presence in 53 markets, the bank offers unmatched expertise and connectivity for international trade and investment.
- Digital Innovation: The SC Mobile app provides a user-friendly platform for banking, while Trust Bank has captured 20% of the Singapore market since its 2022 launch, offering innovative digital solutions.
- Sustainability Commitment: The bank supports green and sustainable investments, aligning with Singapore’s focus on environmental responsibility.
- Community Engagement: Through initiatives like Futuremakers, Standard Chartered promotes economic inclusion for disadvantaged youth, contributing to Singapore’s social fabric.
- Client-Centric Approach: The bank’s “Here for good” promise emphasizes long-term client relationships and ethical banking practices.
Standout Features or Reviews
Standard Chartered’s digital banking services are a highlight, with Trust Bank earning accolades as the best digital bank in Singapore by The Asian Banker and the best mobile banking app globally by The Digital Banker. Trust Bank has grown to over 1 million customers, representing 20% of Singapore’s market, in just over two years since its launch in September 2022. The SC Mobile app is also top-rated on the Apple App Store, praised for its intuitive interface, fast payment options, and wealth management tools. While direct customer testimonials were not prominently featured on the website, the bank’s awards and high app ratings reflect strong customer satisfaction.
| Feature | Description |
|---|---|
| Trust Bank | Digital bank venture with FairPrice Group, serving over 1 million customers. |
| SC Mobile App | Top-rated app with QR Scan & Pay, PayNow, and wealth management features. |
| Awards | Best digital bank in Singapore (The Asian Banker), best mobile banking app globally (The Digital Banker). |
| Network | 11 branches, 4 Priority Banking Centres, and over 30 ATMs across Singapore. |
Areas of Singapore That They Serve
Standard Chartered Bank Singapore operates 11 branches and 4 Priority Banking Centres across the island, ensuring accessibility for customers in various neighborhoods. Key locations include:
- Marina Bay Financial Centre (Head Office)
- Clementi Mall
- Woodlands
- Bedok
- Tampines
- Serangoon Garden (with Priority Banking Centre)
- Sixth Avenue (Priority Banking Centre)
With over 30 ATMs and digital platforms like SC Mobile and Trust Bank, the bank provides island-wide services, catering to both urban and suburban residents. Find a branch near you at ATM & Branch Locator.
How Does the Brand Meet Singapore’s Needs?
Standard Chartered Bank Singapore addresses the diverse financial needs of Singapore’s dynamic population. Its global network supports international trade and investment, crucial for Singapore’s role as a global financial hub. The bank’s digital platforms, including the SC Mobile app and Trust Bank, align with Singapore’s smart nation vision, offering convenient and secure banking solutions for tech-savvy residents. Its sustainability initiatives, such as supporting green bonds, contribute to Singapore’s environmental goals, while community programs like Futuremakers promote financial inclusion and youth empowerment. By offering tailored services for individuals, SMEs, and corporations, Standard Chartered plays a vital role in supporting Singapore’s economic and social development.
Contact Information and Social Media
To connect with Standard Chartered Bank Singapore, use the following details:
- Head Office Address: 8 Marina Boulevard #27-01, Marina Bay Financial Centre Tower 1, Singapore 018981
- Customer Service: Available via SC Chat on their website (24/7 chatbot, agents available 8:00 AM to 8:00 PM daily, Priority Banking clients 24/7) or by visiting any branch.
- Phone: For instant PIN application or general inquiries, call 1800 747 7000 (local) or +65 6747 7000 (overseas).
Stay updated with their latest offerings and promotions on social media:
- Facebook: Standard Chartered Singapore
- LinkedIn: Standard Chartered
- Twitter: Standard Chartered
Summary
STANDARD CHARTERED BANK (SINGAPORE) LTD. is a trusted financial institution with a legacy of over 160 years in Singapore. Its comprehensive banking services, from personal and wealth management to corporate solutions, cater to the diverse needs of Singaporeans. With award-winning digital platforms like SC Mobile and Trust Bank, a commitment to sustainability, and a strong community presence, Standard Chartered continues to be a reliable partner for financial success. Whether you’re managing daily finances or planning for the future, Standard Chartered Bank Singapore offers the tools and expertise to help you thrive.
Disclaimer: All information provided here has been compiled from publicly available sources. While we have made every effort to ensure accuracy, we do not guarantee that the information is complete or error-free. We disclaim any liability for inaccuracies or omissions. If you find any errors or have concerns about the content, please let us know so we can address them promptly.