GXS Bank is a separate entity and is not associated with the businesses of Grab, Singtel and their entities. The GXS Biz Account and GXS FlexiLoan Biz are provided by GXS Bank. GXS Bank holds a banking licence and is regulated by the Monetary Authority of Singapore.
Deposit Insurance 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.
Terms and conditions: Business Account Terms, GXS FlexiLoan Biz Terms, Biz Ecosystem Terms - Grab and Biz Ecosystem Terms - Singtel shall apply. For full terms and conditions, please visit business.gxs.com.sg.
1 Applicable for Grab Merchants who link their Grab Merchant account to their GXS Biz Account and receive at least 1 cashout transaction into their GXS Biz Account in a calendar month. And for Singtel users who are GXS Biz Account holder AND existing/new-to-Singtel retail with at least 1 Singtel postpaid service (Postpaid or GOMO), Broadband, TV or Fixed Line or SMB customer who meet the eligibility criteria. Earn 0.5% bonus interest on top of base interest of 1.88% p.a (2.38%p.a.) on GXS Biz Account balances.
Biz Ecosystem Terms - Grab and Biz Ecosystem Terms - Singtel shall apply.
Account opening is subject to GXS Bank's approval and may require additional supporting documents and processing time.
2 Effective Interest Rate (EIR) is calculated based on an average loan amount of S$10,000 with a 24-month repayment period, from 1 Jan 2025 to 1 Jan 2027.
Approval of your application is subject to receipt of all supporting documents and further review. GXS Bank reserves the right to approve or reject your application without providing any reasons. Late interest charges may apply in the event of late repayment. Your loan is subject to review from time to time, and may be cancelled by GXS at its discretion. Terms and Conditions apply.
^Offer valid from 20 January till 28 February 2025. Cashback is limited to first 500 eligible customers. You will need to deposit fresh funds or make a loan draw down between 20 January till 28 February 2025. Eligible loans should have a minimum tenure of at least 12 months, and be kept active for minimum 3 months from drawdown date. Customers can only be eligible for one reward tier; if the customer performs two eligible actions, only the higher cashback reward will be given. For additional terms and conditions please visit www.business.gxs.com.sg/cny2025_terms
3 Fulfillment of the exclusive Grab and Singtel benefits are subjected to conditions mentioned in Biz Ecosystem Terms - Grab and Biz Ecosystem Terms - Singtel. The benefits are managed by Grab and Singtel. Eligibility and fulfillment of said rewards will be based on Grab and Singtel T&C and discretion.
* Limited to first 500 eligible sole proprietors which have registered your interest in GXS Business Banking and successfully open a GXS Biz Account before the end of the launch period. Terms and conditions governing GXS Bank GXS Business Banking Registration of Interest Campaign apply.
By registering your interest, you agree to being invited to participate in the GXS Bank Business Banking Beta Programme and agree to the GXS Bank GXS Business Banking Beta Programme Terms.
Singtel is not involved, whether as an agent or otherwise, in providing the GXS FlexiLoan and GXS FlexiLoan Biz. Details provided here on the GXS FlexiLoan and GXS FlexiLoan Biz are for general reference only, and not represented or warranted by Singtel to be free of errors, inaccuracies or omissions. You are responsible for finding out more from GXS and independently verifying the information provided by GXS Bank. All matters concerning the GXS FlexiLoan and GXS FlexiLoan Biz including eligibility and/or enrolment shall be handled by or made directly to GXS Bank.
You will be re-directed to a website that is owned or operated by GXS Bank. Such websites are not under Singtel’s control and Singtel is not liable for any errors, omissions, delays, interruptions, harmful components, inaccuracy or any other objectionable material contained therein, or the consequences of accessing any linked website. You agree that your access to or use of such linked websites is entirely at your own risk.
