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Earn up to 2.70% p.a. interest on your USD Time Deposit today

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Foreign Currency Time Deposits
Foreign Currency Time Deposits

Earn up to 2.70% p.a. interest on your USD Time Deposit today

Features

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.
Earn up to 2.70% p.a. interest on your USD Time Deposit today

From now till 30th September 2018earn attractive returns1 when you deposit minimum fresh funds2 of USD 5,000.

MINIMUM PLACEMENT
TENOR
PROMOTIONAL RATE
PRIORITY BANKING PREFERENTIAL RATE
USD 5,000 3 months 2.10% p.a. 2.20% p.a.
6 months 2.40% p.a. 2.50% p.a
9 months 2.50% p.a. 2.60% p.a.
12 months 2.60% p.a. 2.70% p.a.

1The promotional interest rates are only applicable if the Time Deposit is held until the maturity of the tenor. Standard Chartered USD Time Deposit Promotion Terms and Conditions apply. 2Fresh funds refer to funds not originating from any existing account with Standard Chartered Bank (Singapore) Limited (the “Bank”) and funds that are not withdrawn and re-deposited within the last 30 days of opening your Time Deposit.

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

Standard Chartered USD Time Deposit Promotion 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$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.