Bank of East Asia offers a wide range of banking and financial products in Singapore, which include personal loans, credit cards, fixed deposits etc. The bank offers people with the opportunity to not only save money but also earn interest at a higher rates with its fixed deposit accounts. When you opt for such an account, you can make deposits in Singapore Dollars for a certain period of time and will also be able to make deposits in foreign currencies such as Australian Dollars (AUD). By opening a Bank of East Asia AUD Fixed Deposit account, you can earn higher returns.
The biggest benefit opting for a foreign currency deposit account is that in time, the value of your deposit will increase as the demand and exchange rate for that currency increases with time. The value of the deposit amount will further increase due to the interest that you will earn on the amount. Thus, you will be able to exponentially increase your financial assets by investing on such deposits.
Interest Rates offered with Bank of East Asia AUD Fixed Deposit
Find the Board Rates for Bank of East Asia Foreign Currency Fixed Deposit for AUD Currency updated as of February 22, 2016:
Find the Tier Rates for Bank of East Asia Foreign Currency Fixed Deposit for AUD Currency updated as of February 22, 2016: