It is a matter of pride, honour and joy when you get a good job and start earning well. You have a lot of dreams and now it will be possible for you to fulfil them as you have started earning. May it be buying a new house, a brand new sports card or going for a vacation with your parents – you can definitely do it all. But, you must think about the future too. You must understand the fact that earning well is not everything in life. Saving your earnings is equally important. There can be a crisis situation in your life at any given point. You must be financially stable to tackle such situations, and for that, you need to start saving now.
When it comes to investing money, fixed deposits can be considered to be one of the best methods of saving your money. You can choose a currency and a tenure of your choice.
RHB offers two types of fixed deposits - Singapore Dollar Fixed Deposits and Foreign Currency Fixed Deposits. You can invest in an RHB foreign currency fixed deposit in 10 different currencies apart from Singapore dollar. Swiss Franc (CHF) is one of your foreign currency options.
RHB Foreign Currency Fixed Deposits
- Tenors include 1 week, 1, 2, 3, 6, 9, 12, and 24 months.
- Auto-renewal of the foreign currency deposit towards the end of the maturity period.
- The minimum placement amount is S$5,000 (or equivalent) for 1-week tenors and above.
- Your age should be a minimum 21 years.
- You need to either be a Permanent Resident, Singapore citizen, or a foreigner.
RHB Bank Swiss Franc Fixed Deposit Interest Rates
|CHF Fixed Deposit Rates (% p.a.)|
|Term ? Deposit Amount ?||1 Week (p.a.)||1 Month (p.a.)||2 Months (p.a.)||3 Months (p.a.)||6 Months (p.a.)||9 Months (p.a.)||12 Months (p.a.)||24 Months (p.a.)|
|Up to CHF99,999||0.00%||0.00%||0.00%||0.00%||0.00%||0.01%||0.01%||-|
|CHF100,000 to CHF499,999||0.00%||0.00%||0.00%||0.00%||0.00%||0.01%||0.01%||-|
|CHF500,000 - CHF999,999||0.00%||0.00%||0.00%||0.00%||0.00%||0.02%||0.02%||-|
|CHF 1 Million and above||0.00%||0.00%||0.00%||0.00%||0.00%||0.02%||0.02%||-|
Bank of East Asia SWISS FRANC Fixed Deposit Rates of Interest
|One week||One month||Two months||Three months||Six months|
|Swiss Franc||CHF||USD 20,000/50,000||0.0010 per cent per annum||0.0010 per cent per annum||0.0010 per cent per annum||0.0010 per cent per annum||0.0010 per cent per annum|
|One week||One month||Two months||Three months||Six momths|
|Swiss Franc||CHF||CHF 100,000||0.0010 per cent per annum||0.0010 per cent per annum||0.0010 per cent per annum||0.0010 per cent per annum||0.0010 per cent per annum|
Find more about the interest rates offered by the different leading banks in Singapore with their Swiss Franc Foreign Currency Fixed Deposit Accounts.