With effect from 26 September 2025:
In light of launching scheduled payments, we will be revising our Business Account Terms, Section B - Clause B5.3. We have also amended a minor typographical error.
Here are the new terms:
Business Account Terms: https://www.business.gxs.com.sg/biz-account-terms
With effect from 26 October 2025:
1. The following revisions will be made to Section A: General Terms and Conditions of our Business Account Terms and GXS FlexiLoan Biz Terms -
(a) New Clauses A2.8(c), A7.2(h), A7.2(i), A7.2(j), A15.1(g) and the definitions of “high-risk activities” and “unauthorised transactions” in Clause A28.1 will be introduced
(b) Clauses A2.8(e) (formerly A2.8(d), A3.2, A3.3, A7.1(g), A7.2(d), A7.2(f), A7.2(g), A7.3, A10.5(f), A15.1(a), A15.1(b), A15.1(c), A15.1(e), A15.1(f) and the definitions of “Customer Information” and “Event of Default” in Clause A28.1 will be revised
2. The following revisions will also be made to GXS FlexiLoan Biz Terms, Section B -
(a) Clause B5.6 will be revised and new Clauses B5.7 will be introduced for loan servicing account and automated monthly repayment feature
(b) Clause B5.8 will be introduced for automated repayment
(c) Clause B11.1 will be revised and Clause B11.1(n) will be introduced
Here are the new terms:
Business Account Terms: https://www.business.gxs.com.sg/biz-account-terms-temp
GXS FlexiLoan Biz Terms: https://www.business.gxs.com.sg/biz-flexiloan-terms-temp