The fixed deposit schemes offered by DBS Bank offers a lot a flexibility to the consumer. By investing in it, you can not only earn and save money but also hedge against future currency fluctuations.

## Features and Benefits of DBS Bank Foreign Currency Fixed Deposits

- You can choose from a wide range of currencies and rates of interest.
- There are multiple tenures to choose from.
- The minimum deposit amount needed to open a fixed deposit account with the bank is S$5,000.
- By starting this fixed deposit account, you can earn competitive rates.

## Foreign Currency Deposit Rates

### US Dollar Rates

Amount (USD) | Up to 10,000 | Up to 25,000 | Up to 50,000 | Up to100,000 | Up to250,000 | Up to 500,000 |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. | 1.26% p.a. | 1.26% p.a. | 1.26% p.a. |

1 Week | 0% p.a. | 0% p.a. | 0% p.a. | 1.3% p.a. | 1.3% p.a. | 1.3% p.a. |

1 Month | 1.47% p.a. | 1.47% p.a. | 1.47% p.a. | 1.53% p.a. | 1.53% p.a. | 1.53% p.a. |

2 Months | 1.61% p.a. | 1.61% p.a. | 1.61% p.a. | 1.69% p.a. | 1.69% p.a. | 1.69% p.a. |

3 Months | 1.92% p.a. | 1.92% p.a. | 1.92% p.a. | 1.99% p.a. | 1.99% p.a. | 1.99% p.a. |

6 Months | 1.92% p.a. | 1.92% p.a. | 1.92% p.a. | 2.06% p.a. | 2.06% p.a. | 2.06% p.a. |

12 Months | 1.93% p.a. | 1.93% p.a. | 1.93% p.a. | 2.085% p.a. | 2.085% p.a. | 2.085% p.a. |

### Great Britain Pound Rates

Amount (in GBP) | Up to 25,000 | Up to 50,000 | Up to 100,000 | Up to 250,000 | Up to 500,000 |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Week | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Month | 0% p.a. | 0% p.a. | 0% p.a. | 0.105% p.a. | 0.165% p.a. |

2 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0.255% p.a. | 0.315% p.a. |

3 Months | 0.025% p.a. | 0.165% p.a. | 0.265% p.a. | 0.485% p.a. | 0.535% p.a. |

6 Months | 0.115% p.a. | 0.115% p.a. | 0.355% p.a. | 0.565% p.a. | 0.595% p.a. |

12 Months | 0.245% p.a. | 0.245% p.a. | 0.325% p.a. | 0.605% p.a. | 0.725% p.a. |

### Australian Dollar Rates

Amount (in AUD) | Up to 25,000 | Up to 50,000 | Up to 100,000 | Up to 250,000 | Up to 500,000 |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Week | 0% p.a. | 0% p.a. | 0% p.a. | 0.18% p.a. | 0.39% p.a. |

1 Month | 0.675% p.a. | 0.695% p.a. | 0.785% p.a. | 1.055% p.a. | 1.145% p.a. |

2 Months | 0.805% p.a. | 0.825% p.a. | 0.915% p.a. | 1.185% p.a. | 1.275% p.a. |

3 Months | 1.055% p.a. | 1.075% p.a. | 1.155% p.a. | 1.435% p.a. | 1.525% p.a. |

6 Months | 0.995% p.a. | 1.015% p.a. | 1.095% p.a. | 1.375% p.a. | 1.465% p.a. |

12 Months | 1.005% p.a. | 1.025% p.a. | 1.105% p.a. | 1.385% p.a. | 1.475% p.a. |

### New Zealand Dollar Rates

Amount (in NZD) | Up to 25,000 | Up to 50,000 | Up to 100,000 | Up to 250,000 | Up to 500,000 |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Week | 0% p.a. | 0% p.a. | 0% p.a. | 0.71% p.a. | 0.82% p.a. |

1 Month | 1.155% p.a. | 1.155% p.a. | 1.215% p.a. | 1.435% p.a. | 1.615% p.a. |

2 Months | 1.265% p.a. | 1.265% p.a. | 1.325% p.a. | 1.545% p.a. | 1.725% p.a. |

3 Months | 1.585% p.a. | 1.585% p.a. | 1.705% p.a. | 1.915% p.a. | 2.045% p.a. |

6 Months | 1.425% p.a. | 1.425% p.a. | 1.555% p.a. | 1.715% p.a. | 1.855% p.a. |

12 Months | 1.425% p.a. | 1.6% p.a. | 1.63% p.a. | 1.715% p.a. | 1.855% p.a. |

### Chinese Renminbi Rates

Amount (in CNH) | Up to 250,000 | Up to 1 million | Up to 2.5 million | Up to 5 million |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Week | 0% p.a. | 0.115% p.a. | 0.165% p.a. | 0.215% p.a. |

1 Month | 0.915% p.a. | 0.915% p.a. | 0.965% p.a. | 1.065% p.a. |

2 Months | 0.865% p.a. | 0.865% p.a. | 0.915% p.a. | 1.015% p.a. |

3 Months | 1.075% p.a. | 1.075% p.a. | 1.125% p.a. | 1.225% p.a. |

6 Months | 1.265% p.a. | 1.265% p.a. | 1.315% p.a. | 1.415% p.a. |

12 Months | 1.305% p.a. | 1.305% p.a. | 1.355% p.a. | 1.42% p.a. |

### Hong Kong Dollar Rates

Amount (in HKD) | Up to 500,000 | Up to 2.5 million | Up to 5 million |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. |

1 Week | 0% p.a. | 0% p.a. | 0% p.a. |

1 Month | 0.665% p.a. | 0.735% p.a. | 0.795% p.a. |

2 Months | 0.845% p.a. | 0.915% p.a. | 0.975% p.a. |

3 Months | 1.095% p.a. | 1.165% p.a. | 1.225% p.a. |

6 Months | 1.145% p.a. | 1.215% p.a. | 1.275% p.a. |

12 Months | 1.36% p.a. | 1.36% p.a. | 1.36% p.a. |

### Japanese Yen Rates

Amount (in JPY) | Up to 10 million | Up to 25 million | Up to 50 million | Up to 100 million |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Week | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Month | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

2 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

3 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

6 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

12 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

### Swiss Franc Rates

Amount (in CHF) | Up to 100,000 | Up to 150,000 | Up to 300,000 | Up to 500,000 | Up to 750,000 |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Week | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Month | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

2 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

3 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

6 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

12 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

### Euro Rates

Amount (in EUR) | Up to 50,000 | Up to 75,000 | Up to 150,000 | Up to 250,000 | Up to 500,000 |

1 Day | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Week | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

1 Month | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

2 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

3 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

6 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

12 Months | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. | 0% p.a. |

## Eligibility Criteria:

- Any individual aged 18 and above.
- Any individual below the age of 12 and who have a legal guardian accompanying them. This kind of an account will be treated as a minor account.

## Frequently Asked Questions

**Q. What are the different tenors that I may choose for my DBS Foreign Currency Time Deposit?**

A. For your DBS Foreign Currency Deposit, you may choose from a wide range of tenors. These periods include one day, one week, one month, two months, three months, six months and twelve months.

**Q. Is it possible that I set instructions for maturity at the time of placement of the amount?**

A. Yes. It is very much possible that you select one of the following instructions for maturity. Withdrawal of the principal amount along with the accumulated interest amount. Renewal of the principal amount and the interest amount. Renewal of the principal amount but withdrawal of the interest amount that has accumulated

**Q. At the time when I want to make the transaction, will I be informed about the prevalent rates of interest for the Foreign Currency Fixed Deposit?**

A. Yes. You can also check this page for the latest rates.

**Q. What documents should you furnish for opening an account?**

A. If you are a Singaporean citizen or a permanent resident then you will have to furnish the photocopy of NRIC. If you are a foreigner who wants to apply for FDFC then you must provide valid passport along with utility bills, telephone bills, rental agreement, letter from your current employer stating your employment status, management fee bill, bank statements, etc.

**Q. Can anyone below the age of twelve years open an account?**

A. Yes. Individuals below the age of twelve can have minor accounts with DBS. However, they must be accompanied by a legal guardian or parent who should be at least 21 years old.