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Employee Banking Package
The only Employee Banking Package for all of your financial needs
1. JustOne savings account
- High interest rate of 1.25%* per annum. Calculating interest everyday from your daily balance, you can receive interest at every month
- No initial opening balance required
- No minimum balance required
- No account maintenance fee
- No joining fee and annual fee for the first year of Visa Electron card (THB 200)
- No cash withdrawal fee thru all nationwide ATMs marked ATM POOL logo and unlimited number of withdrawals except ATMs of AEON Thana Sinsap (Thailand) PCL
- Free interbank fund transfer fee through Online Banking
2. Special offers for payroll employees who use Employee Banking Package
Standard Chartered credit card offers you the additional benefits superior than regular Standard Chartered credit cardholders as following:
- No annual fee throughout the employment period (No entrance fee and annual fee for a primary card and 1st supplementary card).
- Get 1% cash back at all nationwide gas stations credited to Standard Chartered Credit Card without minimum or total maximum spending limit conditions**.
- Special interest rate 18% p.a. (from the normal rate 20% p.a.) for total regular expenses and cash advance.
Personal Loan, an unsecured loan without any collateral or guarantor, offers you interest rate lower than regular customers with maximum period of 5-year monthly installment. The offer is divided into 3 offers, depending on following payment methods.
- Special interest rate 19% p.a. (MRR***+8%) for Personal Loan with payment at service counters.
- Special interest rate 17% p.a. (MRR***+6%) for Personal Loan with payment thru the Bank’s direct debit.
- Special interest rate 15% p.a. (MRR***+4%) for Personal Loan with payment thru the company’s Human Resource’s deduction.
Standby Cash, a revolving credit for emergency use, offering the financial readiness for every situation. Given special interest rate lower than regular customers with 3 offers, depending on following payment methods.
- Special interest rate 22% p.a. (MRR***+11%) for Standby Cash with payment at service counters.
- Special interest rate 20% p.a. (MRR***+9%) for Standby Cash with payment thru the Bank’s direct debit.
- Special interest rate 18% p.a. (MRR***+7%) for Standby Cash with payment thru the company’s Human Resource’s deduction.
Mortgage Loan offers interest rate discounted more 0.20% p.a. from normal Mortgage Loan’s interest rate for a new or refinanced house.
- No loan management fee charged.
- No registration fee (for refinance only).
- The benefits listed above shall be required loan payment thru the Bank’s direct debit.
3. Priority Banking Services
Benefits for customers who sign up for Priority Banking
- Our Customer Relationship Managers/ Branch Managers are always available to help you plan, build and protect your wealth.
- Our various benefits for Priority Banking customers to participate in special Priority Banking activities without any charges such as financial and investment seminars, spas, movie viewing, floristry, temple tours, wine tasting etc.
- Our Priority Banking Centers provide you personalized financial services that accord the highest level of attention, benefits and privileges to you, your family and your business thru a network of 60 Priority Banking Centers in 18 countries around the world to service you.
4. Total Solution for Investment Services and Bancassurance
- Investment services i.e. debentures, bill of exchange, mutual funds, bonds from leading asset management companies
- Bancassurance i.e. life insurance, non-life insurance from leading insurance companies
For more details, directly call 02 724 4122
Monday – Friday (except for bank holiday during 08.30 -17.30 hrs).
Terms and Conditions of Employee Banking Package
I, whose signatory appeared in the account opening application (the “Applicant”) wish to use Employee Banking Package rendered by Standard Chartered Bank (Thai) Public Company Limited (the “Bank”), a package that is comprised with JustOne savings account for receiving wages and/or payroll and/or benefits from my employer whose name as referred in the application (the “Company”) and other consumer lending product(s) such as mortgage loan, personal loan, revolving credit, and credit card and the Applicant agrees to comply with the terms and conditions of Employee Banking Package and its other benefits as follows:
1. Terms and conditions for JustOne savings account
The Applicant must be an individual customer, an employee of the Company, who opens JustOne savings account (Passbook type) with the Bank for receiving wages and/or payroll and/or other benefits from his/her Company. Moreover, the Applicant must apply the Bank’s Visa Electron card simultaneously. The key features of this savings account are the following details:
- No joining fee and annual fee for the first year
- No initial opening balance required
- No minimum balance required
- No account maintenance fee
- No cash withdrawal fee through all nationwide ATMs marked ATM POOL logo and unlimited number of withdrawals except ATMs of AEON Thana Sinsap (Thailand) Public Company Limited.
- The bank will pay interest at progressive tier interest rate which is calculated on daily accrual basis and paid on monthly basis under the Bank’s fee / interest rate announcement.
- For other types of fee, it shall be specified in Just One savings account’s fee / interest rate announcement.
2.1 The Applicant must open JustOne savings account prior he/she is entitled for other consumer lending product(s).
2.2 The Applicant shall apply and agrees to comply with the terms and conditions of consumer lending product(s) as set out in its/their application form and related terms and conditions.
2.3 If the Applicant agrees to apply for other product (s) the Applicant shall comply with the additional benefits and terms and conditions of Employee Banking Package as follows:
2.3.1 Standard Chartered credit card offers the additional benefits superior than regular Standard Chartered credit cardholders as follows:
- No annual fee throughout the employment period (No entrance fee and annual fee for a primary card and 1st supplementary card).
- Get 1% cash back at all nationwide gas stations credited to Standard Chartered Credit Card without minimum or total maximum spending limit conditions**.
- Special interest rate 18% p.a. (from the normal rate 20% p.a.) for total regular expenses and cash advance.
- Special interest rate 19% p.a. (MRR***+8%) for Personal Loan with payment at service counters.
- Special interest rate 17% p.a. (MRR***+6%) for Personal Loan with payment thru the Bank’s direct debit.
- Special interest rate 15% p.a. (MRR***+4%) for Personal Loan with payment thru the Company’s Human Resource’s deduction.
- Special interest rate 22% p.a. (MRR***+11%) for Standby Cash with payment at service counters.
- Special interest rate 20% p.a. (MRR***+9%) for Standby Cash with payment thru the Bank’s direct debit.
- Special interest rate 18% p.a. (MRR***+7%) for Standby Cash with payment thru the Company’s Human Resource’s deduction.
2.3.4 In the event that the Applicant already has Personal loan and/or Standby Cash with the Bank prior to applying for Employee Banking Package, the Bank reserves the right to reduce interest rate according to the aforementioned offers of Personal Loan in 2.3.2 and Standby Cash in 2.3.3 provided that upon the Applicant applies for Top-Up program whose final approval is subject to the Bank’s sole discretion.
2.3.5 Mortgage Loan that offers interest rate discounted more 0.20% p.a. from normal Mortgage Loan’s interest rate for a new or refinanced house.
- No loan management fee charged.
- No registration fee (for refinance only).
- The benefits listed above require loan payment through the Bank’s direct debit.
2.5 The Applicant agrees and acknowledges that an approval for any of the Bank’s product(s) is subject to the related terms and conditions and the Bank’s sole discretion. The Bank reserves the right to change aforementioned benefits of Employee Banking Package at anytime without prior notice.
3. The Applicant must maintain the status of the Company’s employee for the period of using JustOne savings account. In the event that the Applicant is no longer the Company’s employee or there is no payroll deposited to his/her JustOne savings account for at least 3 consecutive months from the date of previous deposit of payroll or the date of JustOne savings account opening (as the case may be), JustOne savings account will be automatically changed to Power Saver savings account and the Applicant will be bound by Power Saver saving account’s fee / interest rate announcement without prior notice.
4. In addition to the terms and conditions of JustOne savings account and Visa Electron card, the Applicant agrees to be bound with any terms and conditions, the Bank’s fee including the interest rate announced by the Bank relating to other services of Visa Electron card and other deposit account(s) which is/are opened or will be open by the Applicant to the Bank.
Where there is discrepancy and inconsistency between Thai and English of the terms and conditions of Employee Banking Package, the Thai version shall prevail for the interpretation. These terms and conditions shall be governed by and construed in accordance with the laws of Thailand.
These terms and conditions shall be the integral part of any terms and conditions of the Bank’s product(s) that the Applicant has been agreed with the Bank. Where the content of these terms and conditions is against or contradicts to the provisions in any of the Bank’s documents, these terms and conditions shall supersede such provisions in the said documents. The Applicant has read and understood thoroughly by all terms and conditions and received a copy of these terms and condition.
Remarks:
*Interest rate is subject to change according to the Bank announcement at the branch and www.standardchartered.co.th. Interest rate is calculated on a Progressive Tier Interest Rate basis i.e. interest is calculated on daily closing balance and paid to the account on a monthly basis. All conditions are under the Bank’s JustOne savings account service terms and conditions.
** The Bank will credit cash back to next credit card statement when the Applicant spends at gas stations with Standard Chartered Credit Card.
***MRR (Minimum Retail Rate) is a floating rate and subject to change according to the Bank’s announcements (MRR = 11.00% p.a. as of April 2, 2010).
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