SCBP introduces new wealth banking product

MANILA, Philippines - Standard Chartered Bank has introduced a wealth management product in the Philippines, called Priority Banking business.

Priority Banking promises a total banking relationship centered on three pillars of commitment – Priority Services, Priority Benefits, and Priority Solutions.

With Priority Services, customers are provided with dedicated expertise and personalized service – both locally and globally. Priority Banking customers will have a dedicated and skilled Relationship Manager (RM) to manage their interests and oversee their total banking relationship with the bank.

Moreover, customers are provided with exclusive channels such as Priority Banking Centers, dedicated tellers at the branches, and a 24-hour customer service hotline.

Under the Priority Benefits pillar, the Bank’s customers are provided with an exclusive by-invitation-only Priority Banking Visa Infinite Credit Card, which offers various exclusive benefits tailored to meet the premium lifestyle of Priority Banking customers.

Travel-related perks and privileges include complimentary access to over 600 airport lounges in over 300 cities through Priority Pass and MIASCOR lounge in NAIA1, generous mileage conversion rates with Asia MilesTM, KrisFlyer and Mabuhay Miles at one mile for every P40 spent on the card and complimentary Travel Accident Insurance and Inconvenience Protection benefit of up to P20 million. 

Lifestyle-related perks and privileges include year-round exclusive discounts at Marriott Manila, worldwide dining, shopping, travel and golf perks through Visa Infinite Privileges and 24/7-access to Visa Infinite Concierge Service.

With Priority Solutions, the bank provides personalized wealth solutions that help its customers meet their financial needs. Standard Chartered takes a comprehensive portfolio approach with solutions and products customized to meet each customer’s individual financial goals, life stages and risk appetite. 

Supplementing the three pillars is the global network of more than 1,700 branches in over 70 countries. Its comprehensive suite of international banking services allows online viewing by customers of their worldwide accounts balances, access to Priority Banking centers across the bank’s international network, free overseas ATM withdrawals, preferential foreign exchange rates from Travellex, and access to emergency cash when needed most.

As an additional privilege to being a Priority Banking customer, Standard Chartered is offering free Apple gadgets, through a partnership with Power Mac Center, Inc., for customers who place as little as PHP 2.5 million in the Bank’s Wealth Management products.