The DBS Foreign Currency Fixed Deposit account enables you to earn higher rates as compared to Singapore Dollar. The choice of foreign currencies is wide enough among 10 major currencies across the world. The tenure for Foreign Currency Fixed Deposit is from one day to one year. The minimum deposit amount is S$5000 equivalent to your foreign currency. Overnight and weekly tenors are available for a minimum deposit of S$50,000 in GBP.
Are you planning to save money? Do you want to invest on a fixed deposit plan that offers higher returns? A fixed deposit scheme from DBS Bank can be very beneficial to you as it will not only offer you with attractive interest rates but will also allow you to make deposits in multiple foreign currencies such as Australian Dollars (AUD), Great Britain Pounds (GBP), US Dollars (USD) etc. In fact, by opting for DBS GBP Fixed Deposit, you will enjoy very attractive rates and flexible tenures.
The Interest Rates for Foreign Currency Fixed Deposit Comes in the Range of:
- For amount less than GBP25,000, rate of interest for 1 day to two months is 0% p.a.
- For amount between GBP100,000 to GBP250,000, rate of interest for 1 day is 0% p.a. and for 12 months rate of interest is 0.605% p.a.
- For amount between GBP250,000 to GBP500,000 rate of interest for 1 day is 0.000% p.a. and for 12 months rate of interest is 0.725% p.a.