The CIMB Foreign Currency Fixed Deposit Accounts offers its customers to save a fixed sum of money in a wide choice of currencies for a fixed period of time earning a predetermined rate of interest. The United States Dollar (USD) currency is a popular choice where you can earn attractive and competitive interest rates for an array of tenures that includes 1 month, 3 months, 6 months and 12 months. Additionally, upon the maturity of the deposit period, the bank also offers the Automatic Renewal feature wherein your deposit will get automatically renewed for the same tenure at the current interest rates offered by CIMB unless you choose another or decide to discontinue the account. The bank is also offering promotional interest rates for all the tenures for the United States Dollar (USD) currency.
CIMB bank offers a range of opportunities to increase your savings steadily. One of the ways is to open a fixed deposit account with the bank. The CIMB bank offers an FD for various foreign currencies, including the USD (United States Dollar).
They offer a wide choice of tenures beginning from 1 month, 3 months, and 6 months going up to 12 months. The interest rate for USD is between the ranges of 0.87% p.a to 1.99% p.a. depending on the amount and tenure.
The minimum amount for opening a fixed deposit account with the CIMB bank is USD10,000. The maximum amount you can deposit goes up to USD25,000. Additionally, CIMB will renew your deposit automatically at the fixed rate. If you wish to change the rate of interest, you can instruct the bank to do so.
CIMB US Dollar Foreign Currency Fixed Deposit Interest Rates:
Since interest rates are subject to change without prior notice, it is best to check the latest rates in order to take an informed decision.