CIMB offers you fixed deposit services in 5 different foreign currencies. You can earn a maximum of 2.49% p.a. as interest.
BankBazaar Singapore – January 5, 2018
SINGAPORE: CIMB is here with its latest foreign currency fixed deposit promotion. You can earn an interest rate of up to 2.49% p.a. on your 1-year foreign currency fixed deposit. The promotional interest rates are valid between 2 January and 31 January 2018.
The tenor options range from 1 month to 12 months. Your foreign currency options include – Australian Dollar (AUD), New Zealand Dollar (NZD), United States Dollar (USD), Euro (EUR), and Great Britain Pound (GBP). You need to deposit a minimum of 20,000 units in your corresponding currency.
Take a look at the table below, to get the tenor and interest rate details.
|Currency/Tenor||1 month (p.a.)||3 months (p.a.)||6 months (p.a.)||12 months (p.a.)|
Terms and conditions:
- The bank reserves the right to change the promotional interest rates on the foreign currency fixed deposits without any prior notice.
- Both individual and joint account holders are eligible for this promotion. The primary account holder must be minimum 21 years old on the date on which the account is being opened.
- In case you want to withdraw your deposit amount partially or you want to pre-close your deposit before it matures, a penalty fee will be applicable.
For detailed terms and conditions regarding this promotion, you can visit CIMB Bank’s official website.