*To be a Referrer, you must be an existing Validus customer. For Validus SME loan product referral, referral rewards are only valid for the first loan disbursement. To qualify for the Validus SME Loan product referral reward of $218 (for Referrer and Referee each), the referred SME must take up a working capital loan, invoice financing loan or purchase order financing loan with Validus. To qualify for the Validus Business Account & Cards product referral reward of $50 (for Referrer and Referee each), the referred SME must fulfill any one of the following criteria: (i) Open a Validus Business Account and spend a minimum of $2,000 on Validus corporate card within the first 60 days from date of account opening; or (ii) Open a Validus Business Account and send a minimum of $5,000 overseas using Validus FX money transfer service, within the first 60 days from date of account opening. The maximum reward that can be earned per referred SME is $268 for the Referrer, and $268 for the Referee, subject to all conditions being fulfilled. View full terms and conditions for Validus SME Referral Program here.