Disclaimer

You are now leaving the Standard Chartered Bank (Singapore) Limited (“SCBSL”) website to access a third party website ("Third Party Website").

SCBSL shall not be liable for the handling of any information you may provide on the Third Party Website, or for any loss incurred in connection with your access to or use of the Third Party Website. SCBSL makes no warranties, representations or undertakings about the Third Party Website.

Proceed

Grow your savings at ease with Foreign Currency Time Deposit (Fixed Deposit).

Foreign currency time deposits

Grow your savings at ease with Foreign Currency Time Deposit (Fixed Deposit).

Features

Make your savings work harder for you

Grow your savings with Foreign Currency Time Deposit where you can select from a range of major currencies and tenors ranging from 1 to 12 months. What’s more, you can apply online at your convenience now.

Grow your savings with Foreign Currency Time Deposit where you can select from a range of major currencies and tenors ranging from 1 to 12 months. What’s more, you can apply online at your convenience now.

    

For existing clients:

Simply transfer fresh funds to your existing deposit account via FAST. Once the funds are available in your account, login to Online Banking > Click “Apply” > Select “Time Deposit Account” to apply.

   

Don’t have a deposit account yet?

Step 1: Apply for one online now. Click here to find out more.

Step 2: Transfer fresh funds to your newly opened deposit account via FAST

Step 3: Login to Online Banking to apply for a Foreign Currency Time Deposit

    

For existing clients:

Simply transfer fresh funds to your existing deposit account via FAST. Once the funds are available in your account, login to Online Banking > Click “Apply” > Select “Time Deposit Account” to apply.

   

Don’t have a deposit account yet?

Step 1: Apply for one online now. Click here to find out more.

Step 2: Transfer fresh funds to your newly opened deposit account via FAST

Step 3: Login to Online Banking to apply for a Foreign Currency Time Deposit

Requirements & Key Charges

Initial Deposit Varies, Depending on the Currencies
USD 5,000
GBP 5,000
AUD 5,000
CAD 25,000
EUR 5,000
HKD 25,000
NZD 5,000
CHF 25,000
 CNH (Renminbi Offshore) 25,000
Key Charges:

  • Premature uplift handling fee of USD25 and penalty charges apply.

Eligibility & Documents

Eligibility

  • Singapore Citizen / Singapore Permanent Resident / Foreigner
  • Age requirement: Minimum 18 years old
  • Open and/or maintain a new/existing Standard Chartered Current/Cheque/Savings Account
    • Subject to applicable fees and charges, such as fall-below fees and/or account maintenance fees.

Documents Required

  • For Singapore citizens and permanent residents:
    • NRIC (front and back)
  • Mandatory supporting documents for foreigners:
    • Passport
    • Employment Pass
    • Any of the following documents:
      • Last 3 months’ utility bill
      • Last 3 months’ bank statement
      • Letter from the human resource department of current employer stating address
      • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
      • Telecommunications bill
      • Tenancy agreement

Terms and Conditions

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.