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Fixed Deposit - Foreign Currency Account
At a Glance
Choice of 9 foreign currencies
For the list of currencies and interest rates, click here.
Tenors from one month up to a year.
Attractive interest rates
Earn potentially higher interest rates compared to SGD.
Eligibility & Charges
You are eligible for this account if you are at least 18 years old. For customers who are less than 12 years old and wish to open a Foreign Currency Fixed Deposit Account, a trust minor account may be opened with the parent or legal guardian who is at least 21 years old.
Services and Charges
- Please refer to the Pricing Guide for services charges applicable for deposits and withdrawals
How to Apply
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Conversions between currencies involve fluctuations and are subject to exchange controls. If you are converting from another currency to place the deposit and intend to convert it to the original currency, exchange rate fluctuations could cause the converted amount to be less than your original amount.