Foreign Currency Current Account

Available in US Dollars and other major foreign currencies, you can receive and make payments in the original currency without having to convert them into Singapore Dollars

Key info

  • Flexibility to access different major foreign currencies
  • Free chequebook for US Dollar Current Account
  • Attractive interest rates of 1.00% p.a. for AUD and NZD Current Accounts, and 0.60%p.a. for USD Current Accounts

If you frequently transact in foreign currencies, a Foreign Currency Current Account may be ideal for you. Available in US Dollars and other major foreign currencies, you can receive and make payments in the original currency without first having to convert them into Singapore Dollars.

Benefits

  • Flexibility to access different major foreign currencies
  • Free chequebook, for US Dollar Current Account only
  • Deposit and withdraw local and foreign currencies in cash, demand drafts or telegraphic transfers*
  • Transfer funds in foreign currency to and from your SGD accounts anytime, anywhere via Online Banking (www.maybank2u.com.sg)

Minimum initial deposit

US$1,000 or its equivalent

Who can apply

  • Singapore Citizens, Singapore Permanent Residents, Foreigners
  • At least 18 years of age

Required documents

  • Singapore Citizens, Singapore Permanent Residents – Singapore NRIC
  • Foreigners
    - Passport and Employment Pass; and
    - An original copy of the latest bank statement, utility or telecommunication bill with
       your residential address indicated

Fees and charges

  • US$5 monthly service fee; waived with a minimum average daily balance of US$1,000 or its equivalent
  • Click here for other fees and charges

Enhance efficiency in your foreign currency transactions.

To apply, visit any of our 21 Branches in Singapore today.

Terms and Conditions (PDF)

*Services fees and charges apply.