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An attractive foreign currency savings account Apply Now

An attractive foreign currency savings account

Features

FCY$aver Account

FCY$aver Accounts in CAD, CHF, EUR, HKD or JPY currencies do not currently offer any interest.

Currency
Interest Rate (%p.a.)*
USD (Minimum Initial Deposit USD 2000)

  • Less than USD 200,000
  • USD 200,000 to less than USD 1,000,000
  • USD 1,000,000 and above
  • 0.03%
  • 0.05%
  • 0.10%
GBP (Minimum Initial Deposit USD 2000 Equivalent) 0.10%
AUD (Minimum Initial Deposit USD 2000 Equivalent) 1.00%
NZD (Minimum Initial Deposit USD 2000 Equivalent) 1.00%
CNH (Minimum Initial Deposit 25,000 CNH)

  • Less than CNH 25,000
  • CNH 25,000 to less than CNH 1,000,000
  • CNH 1,000,000 and above
  • 0.30%
  • 1.40%
  • 1.70%

*Important: Interest rates are subject to changes at the sole discretion of the Bank without prior notice. Please contact your nearest branch for the latest interest rates.

Key Charges
Currency
Min. Average Daily Balance
Fall-Below Fee (Per Month)
AUD AUD2,000 AUD5
CAD CAD2,000 CAD5
CHF CHF2,000 CHF5
CNH CNH15,500 CNH40
EUR EUR 1,000 EUR 3
GBP GBP1,000 GBP2
HKD HKD15,000 HKD30
JPY JPY200,000 JPY500
NZD NZD2,000 NZD5
USD USD2,000 USD5
Early account closure fee (within 6 months) USD20

Eligibility & Documents

Eligibility

  • Nationality: Singapore citizen / Singapore permanent resident / foreigner
  • Age requirement: Minimum 18 years old

Documents Required

  • Mandatory supporting documents for Singapore citizens and permanent residents:
    • NRIC (front and back)
  • Mandatory supporting documents for foreigners:

    Passport

    Employment Pass

    Any of the following documents:

    • Utility bill within the last 3 months
    • Bank statement within the last 3 months
    • Letter from the human resource department of current employer stating address
    • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
    • Telecommunications bill within the last 3 months
    • Tenancy agreement

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.