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An attractive foreign currency savings account

Person, Human, Clothing
Person, Human, Clothing

An attractive foreign currency savings account

Features

FCY$aver Account

Prevailing interest rates for FCY$aver balances: 0.00% p.a.

*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 AUD 2,000 AUD 5
CAD CAD 2,000 CAD 5
CHF CHF 2,000 CHF 5
EUR EUR 1,000 EUR 3
GBP GBP 1,000 GBP 2
HKD HKD 15,000 HKD 30
JPY JPY 200,000 JPY 500
NZD NZD 2,000 NZD 5
USD USD 2,000 USD 5
Minimum initial deposit USD 2,000 or its equivalent
Early account closure fee (within 6 months) USD 20

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

Terms & Conditions

  • For details, please click here.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.