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Personal Banking > Daily Banking > Current & Savings Accounts
Foreign Currency Current Accounts  

Our foreign currency current account facilitates your foreign currency transactions globally with ease.

Features
Available in USD, EUR, GBP, AUD & JPY.
Monthly statements : You can get a detailed monthly statement of all your transactions.
Checking facilities: You can issue cheques from your USD current accounts.
Overdraft facility: If your annual income is at least S$30,000, you can use your Foreign Currency Fixed Deposit with CIMB Bank Singapore as collateral to apply for an overdraft facility at a competitive rate.
Flexibility: Invest, trade, pay or receive funds in foreign currencies.
Multiple ways to deposit and withdraw money: Deposit or withdraw money from your account using cheques (USD only), demand drafts or via Electronic Funds Transfer.
You must be at least 21 years old
The minimum initial deposit is as follows:
  • USD 1,000
  • EUR 1,000
  • GBP 1,000
  • AUD 1,000
  • JPY 500,000


USD Current Account (Non-interest bearing)
Products/Items
Charges
1 Fall-below fee (if average daily balance) US$10 per month
2 Early account closure fee (for account closed within 6 months) US$20
3 Excess limit fee For account without credit limits: Minimum US$10 + interest @ (USD Prime Rate + 5%) on amount overdrawn

For account with credit limits: Interest @ (USD Prime Rate + 5%) on amount overdrawn (subject to a minimum of US$10)
4 Internal funds transfer (first party) Waived
5 Deposit/Withdrawal in foreign currency notes (subject to availability) Min 1% commission-in-lieu of exchange or min US$20, whichever is higher
     


CALL Accounts (Non-checking and non-interest bearing)
Products/Items
Charges
1 Fall-below fee (if average daily balance) US$10/EUR7.50/GBP5/AUD10/JPY1,000
2 Early account closure fee (for account closed within 6 months) US$20/EUR15/GBP10/AUD20/JPY2,000
3 Internal funds transfer (first Party) Waived
4 Deposit/withdrawal in foreign currency notes (subject to availability) Min 1% commission-in-lieu of exchange or min US$20/EUR15/GBP10/AUD20/JPY2,000, whichever is higher
5 Excess limit fee For accounts without credit limits: Min US$10/EUR7.50/GBP5/AUD10/JPY1,000 + interest (@ USD/EUR/GBP/AUD/JPY Prime Rate + 5%) on amount overdrawn

For accounts with credit limits: Interest (@ USD Prime Rate + 5%) on amount overdrawn (subject to min of US$10/ EUR7.50/GBP5/AUD10/JPY1,000)
     



 
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