Bank of East Asia US Dollar Foreign Currency Fixed Deposit

Bank of East Asia has a significant presence in the Singaporean market and it provides numerous financial products and services. Bank of East Asia also provides the facility to deposit money in 9 major foreign currencies including:

  • US Dollar
  • Australian Dollar
  • Canadian Dollar
  • British Pound
  • Euro
  • Japanese Yen
  • Hong Kong Dollar
  • Swiss Franc
  • New Zealand Dollar

Overview of USD Foreign Currency Fixed Deposit Offered by Bank of East Asia

The Foreign Currency Fixed Deposit scheme offered by Bank of East Asia offers numerous perks and features..

Interest Rates for Bank of East Asia USD Foreign Currency Fixed Deposit

You can choose the tenure ranging from 1 week to 6 months. For tenures of one month and above the minimum deposit amount must be US$20,000. The board interest rates offered by Bank of East Asia with USD Foreign Currency Fixed Deposit scheme are:

  • 1.3675% p.a. for one week
  • 1.5220% p.a. for one month
  • 1.6831% p.a. for two months
  • 1.9842% p.a. for three months
  • 2.1363% p.a. for six months

The tier interest rates are:

  • 1.4925% p.a. for one week
  • 1.6470% p.a. for one month
  • 1.8081% p.a. for two months
  • 2.1092% p.a. for three months
  • 2.2613% p.a. for six months

You have to be careful while choosing your bank for fixed deposit, since all banks do not provide easy access to your money. Bank of East Asia also has a unique process where you can deposit money through a phone call.

Rates of Interest Offered by Bank of East Asia with USD Foreign Currency Fixed Deposit Scheme (p.a.)

Board Rates

Currency Minimum Personal One Week One Month Two months Three Months Six Months
USD USD 20,000 1.3675% 1.5220% 1.6831% 1.9842% 2.1363%
Currency Minimum Corporate One Week One Month Two months Three Months Six Months
USD USD 25,000 0.0214% 0.0626% 0.1451% 0.2599% 0.5140%

Tier Rates

Currency Minimum One Week One Month Two months Three Months Six Months
USD USD 100,000 1.4925% 1.6470% 1.8081% 2.1092% 2.2613%
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