This account lets you save a fixed sum in a fixed foreign currency for a fixed period at a fixed interest rate. However, there are inherent risks associated with foreign currencies accounts. Please read the Terms and Conditions governing Foreign currency account carefully.
Features
Attractive interest: We strive to make our interest rates competitive and attractive, to benefit you.
Affordable deposit amounts: You can open a Foreign Currency Time Deposit Account with as little as USD10,000 (or equivalent) for most currencies, and for tenors of 1, 3, 6 or 12 months. Shorter tenors are available upon request.
Wide choice of currencies: You can choose from a wide choice of major foreign currencies.
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 Time Deposit as collateral to apply for an overdraft facility at a competitive rate.
You must be at least 18 years old.
The minimum initial deposit is USD10,000 or equivalent for all major foreign currencies.