Calculations on Custodian Fees:
Market Custodian Fees
Equity Linked Notes Waived
Bonds/Notes/Equities 0.20%p.a. of AUM Holdings in Custodian Account and subject to minimum of SGD $50 (deductable on 20th of January, April, July and October)

The above fees will be based on the market value as at month - end.
The above fees are subject to review from time to time at the discretion of the bank.
A minimum charge of SGD$50 (without GST) will be deducted as date mentioned above if the account remained active.
All fees and charges listed are subjected to Goods and Services Tax (GST). 
The above fees will be deducted on the next business day if 20th of the month falls on a non-business day.