Foreign Currency Fixed Deposit - Eligibility and Requirement

Foreign Currency Fixed Deposit

Enjoy potentially better returns and the opportunity to grow your funds with Foreign Currency Fixed Deposit Account.

Eligibility and Requirement

  • At least 18 years old.
  • If you are between 12 and 18 years old, you may open a joint account with someone who is at least 18 years old.
  • If you are below 12 years old, you may open a trust account with your parent or legal guardian who is at least 21 years old.
  • The minimum initial deposit is S$5,000 equivalent for all major foreign currencies. For RMB deposit, the minimum Foreign Exchange conversion is S$50,000 equivalent. Upon conversion into RMB, you may make multiple placements of same/different tenor with minimum S$5,000 equivalent per placement.