Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Transaction Services Intern Singapore 2027
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Transaction Services Intern will support Standard Chartered’s transaction banking activities, which may include cash management, trade finance, payments, account services, reporting, process improvement and client or internal coordination. Candidates are typically expected to be pursuing a bachelor’s degree, demonstrate strong academic performance, and have an interest in banking, financial services and international business. Good analytical, numerical, communication and organizational skills are important, along with proficiency in Microsoft Excel and other office tools. The role requires attention to detail, integrity, teamwork and the ability to manage deadlines in a regulated environment. Candidates should be adaptable, willing to learn and comfortable working with multiple stakeholders across products, operations and markets.
Can I work in Singapore?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong focus on markets across Asia, Africa and the Middle East. The bank provides personal, private, business, corporate and institutional banking services, including transaction banking, trade finance, cash management, lending, wealth management and capital markets solutions. Singapore is one of its major global hubs and supports regional businesses, technology, operations and financial markets activities. Standard Chartered promotes international collaboration, responsible banking and financial inclusion, while investing in digital capabilities and sustainable finance. Its workforce serves clients across numerous countries and operates in a highly regulated, multicultural environment. The bank’s transaction services teams help businesses and institutions manage payments, liquidity, working capital and trade-related financial processes.