SBI US Dollar Foreign Currency Fixed Deposit

The SBI foreign currency fixed deposits comes with flexible tenure options. To qualify for the Foreign Currency Deposits you need to either be a Singapore citizen, Permanent Resident, or a foreigner.

The tenor options for an SBI US Dollar Foreign Currency Fixed Deposit include – 1 week, 1 month, 2 months, 3 months, 6 months, 1 year, 2 years, and 3 years. A minimum initial deposit of USD 5,000 will be applicable.

When you invest in a US Dollar Foreign Currency Fixed Deposit, you can also deposit or withdraw foreign currencies via demand drafts (applicable for USD only) or telegraphic transfers

USD Foreign Currency Fixed Deposit Interest Rates

The rate of interest ranges between 1.5950% p.a. and 2.5500% p.a. depending on your deposit amount and the tenure you choose.

Find the interest rates offered for United States Dollar (USD) currency under the Foreign Currency Term Deposit by SBI Singapore.

Since interest rates offered by banks are dynamic, it is important to check before taking the final call.

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