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| DBS Foreign Currency Fixed Deposit Account |
This account lets you save a fixed sum in a fixed foreign currency for a fixed period at a fixed interest rate.
Try our FCFD calculator to
find out the breakeven rate of placing deposits in various foreign currencies.
Benefits
- Attractive interest: We strive to make our interest rates always competitive and always attractive, to benefit you.
- Affordable deposit amounts: You can open a DBS Foreign Currency Fixed Deposit Account with as little as S$5,000 for most currencies, and for tenors of 1, 2, 3, 6 or 12 months. Shorter tenors are available upon request.
- Wide choice of currencies: You can choose from a wide choice of foreign currencies.
- Convenient deposit methods: If you have a DBS Foreign Currency Fixed Deposit Account with us, you may make a new deposit via our iBanking service and transfer funds from your DBS/POSB S$ Current/Savings account to your existing DBS Foreign Currency Fixed Deposit account.
- Automatic renewals: Upon maturity, your deposit is automatically renewed for the same tenor at the prevailing interest rate unless you instruct otherwise.
- Overdraft facility: You can use your Foreign Currency Fixed Deposit as collateral to apply for an overdraft facility at a competitive rate.
Requirements
- You must be at least 21-years-old.
- The minimum initial deposit is S$5,000 equivalent for all major foreign currencies. Please note that we do not offer fixed deposits in Thai Baht.
Apply Now
- Visit any DBS branch today with your identity card/passport to open a DBS Foreign Currency Fixed Deposit Account.
Note
- Foreign currency investments are subject to exchange rate fluctuations, which may result in capital gains or losses; such investments may also be subject to exchange controls imposed on the currency held.
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