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Foreign Currency Term Deposit

Foreign Currency Term Deposit

Foreign Currency Term Deposit Details

  • Choice of Major global Currencies – USD, GBP, AUD
  • Competitive interest rates
  • Choice of tenors – 1/ 2/ 3/ 6/ 12 Months*
  • Initial deposit of $5,000 in respective currency
  • Deposit and withdraw foreign currencies in demand drafts (only for USD) or telegraphic transfers
  • Individuals of the age of 21 years and above
  • Singaporean / Singapore Permanent Residents / Foreigners
  • Singaporeans / Permanent Residents:
    • Photocopy of NRIC, both sides (The NRIC should have latest address of the applicant)
  • Non – Singaporeans
    • Photocopy of Passport and
    • Photocopy of Employment Pass / Work Permit / Dependant Pass and
    • Document proof of address (i.e. utility bill, driving license etc.), if not same as in Employment Pass / Work Permit / Dependant Pass

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