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Diversify Your Investment with CIMB Foreign Currency Fixed Deposit

Diversify your portfolio with CIMB Singapore’s CIMB Foreign Currency Fixed Deposit (FD) Account or Foreign Currency Non-Resident (FCNR) Fixed Deposit Account, with interest rates as high as 5.00% p.a. in 2024. Best of all, we offer 7 foreign currencies, including USD. Contact us now to learn more.

Features & Benefits

High Rates, Auto Renewals Multiple Tenures & Currencies Easy Application Instant Conversion
High Rates, Auto Renewals
Multiple Tenures & Currencies
Easy Application
Instant Conversion

How to Apply for CIMB Foreign Currency Fixed Deposit Account

Step 1

Apply for a CIMB FastSaver Account here.


This will be your transactional account. Account opening is instant - Fund it using FAST Transfer to activate it.

Step 2

Perform a "First Time Login" in CIMB Clicks Internet Banking.


An activation code will be sent via SMS within 1 business day upon account activation.

Step 3

With CIMB Clicks Internet Banking, under the eApplication tab, apply^ through the Foreign Currency Fixed Deposit.

 

^ If you are placing your Foreign Currency Fixed Deposit in SGD, please note that an exchange rate in USD or other chosen foreign currency will be applied.

Exclusive Online Promotion

 

From 1 April 2024, enjoy these exclusive rates for USD, AUD and GBP when you make your placements online*!

Currencies

Online Rates (% p.a.)
1 Month

3 Months

6 Months

12 Months

USD

5.00

5.00

5.00 4.60

AUD

3.50

3.50

3.70 3.70

GBP

4.60

4.70

4.60 4.60

*Online interest rates apply to a minimum of 10,000 units in their respective currencies.

Eligibility for CIMB Foreign Currency Fixed Deposit Account

Minimum Age: 18 years old

Minimum Initial Deposit

  • 10,000 units in their respective currencies.

Documents Required

For Singaporeans/PRs and Malaysians Residing in Singapore

The following documents are required for your CIMB Foreign Currency Fixed Deposit Account:

1. Copy of NRIC/Passport

2. Proof of residential address if the residential address in the application differs from the ID document (e.g. any latest telephone bill, bank statement or letter issued by the government)

 

For Foreigners

The following documents are required for your FCNR Account:

1. Passport

2. Proof of residential address (e.g. any latest telephone bill, bank statement or letter issued by the government)

3. Supporting documents to be provided (Employment Pass, Work Permit, Dependant’s Pass and Student Pass)

Terms & Conditions

* Terms & Conditions apply for the CIMB Foreign Currency Fixed Deposit Online Promotion. Please click here for the full Terms & Conditions. Rates are subject to change without prior notice.

 

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.