Terms & conditions at a glance

The GXS FlexiLoan is a standby revolving line of credit that is accessible through our GXS Bank app.

You can open 1 GXS FlexiLoan Account in your own name and draw multiple loans up to your credit limit. You may make repayments in equal monthly instalments if instalment loans are drawn. No fees are chargeable, but additional late interest will accrue on late payments. You may also be assigned a balance transfer sub-limit under your credit limit allowing you to draw a balance transfer loan up to your available sub-limit with a one-time processing fee. 

Funds drawn from your GXS FlexiLoan can be transferred to your GXS Savings Account or your third-party bank account registered with PayNow. You may draw up to 10 active loans at a time within your credit limit. The minimum loan amount is S$200 per loan for instalment loans and S$1,000 per loan for balance transfer loans. You may choose your preferred tenure for each loan, and the repayment date applicable to your loan(s).

You may make loan repayments within our GXS Bank app with funds from your GXS Savings Account or your third-party bank account. You should ensure that fund transfer details are accurate as there is no guarantee we will be able to reverse any erroneous transaction.

We place focus on providing digital and paperless services to you, therefore you will be able to download your monthly statements from our GXS Bank app.

You must be at least 21 years old, a Singaporean citizen or permanent resident, and earn a minimum income of S$20,000 p.a. to open a GXS FlexiLoan Account with us.

Please refer to the full GXS FlexiLoan terms and conditions here.

The GXS FlexiCard is a fee-based, interest-free credit card designed to offer convenience and flexibility to its users. This card comes with both a virtual and physical card, providing you with the freedom to make transactions online or in-store. One of the key features of the FlexiCard is its fixed S$500 credit limit, which allows you to make purchases within this limit.

You can access your card details securely in our GXS Bank app to transact online. Equipped with the physical Card, you can transact anywhere a Mastercard Card is accepted.

For extra security, you can freeze your Card when required. New Card transactions will not be approved if your Card is frozen. 

To also give you flexibility and control over your spending, you can set your preferred daily Card transaction limit in the app and set it to allow physical (point-of-sales) transactions overseas.

Cash withdrawals will not be available for both your virtual and physical Card.

All your Card transaction and Rewards details are made accessible through our GXS Bank app. The FlexiCard comes with monthly statements that include the minimum payment amount due. You can choose to pay the full amount or the minimum amount, but keep in mind that paying only the minimum will result in additional fees.

For full terms and conditions and fees/charges, please refer to the Card Account Terms here.

GXS FlexiCard Rewards: For each qualifying spend of at least S$10 made on your Card, you will receive a surprise cash reward which will be credited to your GXS FlexiCard Account, which will immediately offset your current balance. To find out more about the qualifying transactions, please refer to Rewards Terms here.

You can open only one personal, single name GXS Invest Account with GXS Bank.

You must be at least 18 years old and a resident of Singapore to open a GXS Invest Account. Do also ensure that you provide us with your most updated personal particulars when you open a GXS Invest Account with us. US Persons are strictly prohibited from opening a GXS Invest Account and/or purchasing any investment product(s) with GXS Bank. 

Currently, GXS Bank is distributing the Fullerton SGD Cash Fund - Class G. The fund documents are available on our mobile application.

Your GXS Invest Account is for the purpose of making investments in the fund, using monies from the Main Account of your GXS Savings Account in your own name. 

When you sell your investments, the redemption proceeds will similarly be credited in full into the Main Account of your GXS Savings Account, subject to its maximum balance amount. In order to receive your redemption proceeds timely, do ensure the balance in your GXS Savings Account will not exceed its maximum balance with the crediting of the proceeds. Otherwise, you will not be able receive the proceeds (in full or in part) till you lower your balance. 

Please note that buy and sell orders are subject to the relevant cut-off times, currently set at 3.30pm on a dealing day. 

Indicative buy and sell prices of the investments are quoted by us in the GXS Bank app. Buy and sell prices are determined by the fund manager, and are not conclusive until confirmed by the fund manager. The applicable buy or sell price for your order may be different from the indicative prices quoted by us. 

While GXS Bank will be acting as an agent for you in respect of our execution of all investment related instructions through your GXS Invest Account, you are principally liable for and shall assume all risks associated with such Investments.

You are responsible for making your own investment decisions, and whether to invest in, continue to hold, sell or redeem your funds or investments. GXS Bank does not act as a financial adviser and does not offer any investment or financial advice of any nature. You must ensure that any investment you make is suitable and appropriate for you in light of your own investment objectives, financial situation or particular needs, and you must consult your own financial or other professional advisers if necessary or appropriate. You acknowledge that you are able to bear the risks of any Losses that you may incur on your investments, including potentially losing your entire investment amount. 

You acknowledge and agree that your investment in any fund distributed by GXS Bank is made solely on the basis of or in reliance on the information contained in the fund documents  such as the prospectus and/or product highlights sheet. GXS Bank’s distribution of any fund  does not represent our recommendation of the fund. Please ensure you go through the fund documents carefully before making any informed decision. 

Complimentary Insurance Coverage: If you maintain an investment in the Fullerton SGD Cash Fund (Class G) , you will benefit from complimentary insurance coverage underwritten by Singapore Life Ltd if you are eligible. The Insurance Product Summary is available on our mobile application. Please read the Insurance Product Summary carefully to understand the eligibility criteria and scope of insurance coverage. The availability of the complimentary insurance coverage is at the discretion of the Bank, and may be withdrawn or discontinued at any time.

We place our focus on providing digital and paperless services to you, therefore you will be able to download your monthly statements from our GXS app. 

Please refer to the full Invest Account Terms here.