• CIMB Pulse
  • Banking With Us
  • Digital Services
  • Promotions
  • Help & Support
  • Quicklinks
CIMB Pulse
Banking With Us
Digital Services
Promotions
Help & Support
Quicklinks
CIMB In The News
Savings Strategies
Investing My Money
Travel Tips
Planning For My Future
Thinking About Insurance
CIMB Vlog
CIMB Compilation
CIMB F.I.R.S.T
Accounts
Cards
Loans & Financing
Investments
Insurance
Other Services
CIMB Clicks
Payment & Transfers
Latest Promotions
Events
Rates & Charges
Download Center
FAQ
Ways to Bank
Regulations & Policies
Security & Fraud

What Are Dual Currency Investments?

Dual currency investments offer potential returns by leveraging the relative difference between two currencies. Investors can deposit money in one currency and withdraw it in another currency if the exchange rate is favourable, providing the potential for higher returns. However, converting the base currency to the alternate currency at maturity must result in a higher than market rate conversion. Dual currency investments come with risks, as unfavourable exchange rates could lead to a loss in profit upon maturity.

Why Invest in Dual Currency Investments?

CIMB Bank Singapore offers flexible dual currency investments for investors seeking higher returns on their cash holdings. Investors can select a maturity period and currency pair that best suits their needs, such as AUD, USD, CAD, EUR, JPY, among others. Converting SGD to AUD, for example, can be beneficial for investors planning to retire or send their child for education in Australia.

Features & Benefits

Range Of Currency Pairs Flexible Tenures Higher Returns
Range Of Currency Pairs
Flexible Tenures
Higher Returns

Eligibility

Residential Status

Singapore Citizens, Permanent Residents or non-residents with valid work passes

 

Age Requirement

21 years old and above

 

Minimum Subscription Amount

Minimum S$50,000 or equivalent in alternate currency

Extra Features

What Is Wealth Management?

Read on about What is Wealth Management & why it is especially important now?

Have A Read!
What Is Wealth Management?

CIMB Consult-OnTheGo

Schedule a consultation with a Personal Banker remotely from the comfort of wherever you are, via web conferencing!

Find Out More
CIMB Consult-OnTheGo

What Is Sustainability, Anyways?

One form of sustainability that is rapidly on the rise is sustainability in the field of vehicles. How do you prepare for it?

Have A Read!
What Is Sustainability, Anyways?

CIMB Pulse

Our curated library of resources with the latest articles, videos, infographics and more!

Find Out More
CIMB Pulse

Important Notes & Disclaimer

The recommendation is intended for general circulation, and does not take into account the specific investment objectives, financial situation or particular needs of any person. You may wish to seek advice from a financial adviser before making a commitment to purchase the product. In the event that you choose not to seek advice from a financial adviser, you should consider whether the product in question is suitable for you.

 

a. By purchasing this dual currency investment you are giving the issuer of this product the right to repay you at a future date in an alternate currency that is different from the currency in which your initial investment was made, regardless of whether you wish to be repaid in this currency at that time.

b. Dual currency investments are subject to foreign exchange fluctuations which may affect the return of your investment. Exchange controls may also be applicable to the currencies your investment is linked to. You may incur a loss on your principal sum in comparison with the base amount initially invested.

 

Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

 

The information contained within is accurate at the time of printing, but we are not responsible if there are any errors or missing information. If the document becomes out of date, we do not have to replace it. We are not responsible for any direct or indirect loss or damage arising in connection with, or as a result of, any person acting on any information provided in this document. Please do not reproduce or share any of the information in this document without the written permission of CIMB Bank Berhad.

 

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Explore CIMB’s Range of Investment Products

Besides dual currency investments, CIMB Bank Singapore also offers other investment products, such as unit trust funds, FX margin trading and more. Contact us to find out how you can start building your wealth with us now.

What's Next

Request A Call Back

We'll reach out within 1 working day.

Let Us Call You

Talk To An Expert

Visit us at our branches.

Find a Branch

Current Promotions

View all promotions across the Bank.

Show Me

You are about to enter a third party website & CIMB Group's Privacy Policy will cease to apply.

This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by CIMB Group.

 

CIMB Group makes no warranties as to the status of this link or information contained in the website you are about to access.

 

Do you wish to proceed?

Yes, please proceed

Oops! It looks like you need to upgrade your browser.

The browser (or version) that you are currently using will not allow you to fully experience our website.
Select your preferred browser below and upgrade now!