Foreign Currency Current Account-i


Foreign Currency Current Account-i

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

Overview

interest rateAttractive potential bonus in the form of hibah may be distributed at the Bank's discretion to customers
chequebookFree chequebook for USD Current Account
Business Internet BankingTransfer funds in foreign currency to and from your SGD accounts via Online Banking
Deposit and withdrawDeposit and withdraw local and foreign currencies in cash, demand drafts or telegraphic transfers

Currencies



USD, EUR, GBP, AUD, NZD, CAD, HKD, JPY

Eligibility



  • Minimum age: 18 years old
  • Initial deposit: US$1,000 equivalent

Documents Requirement for Singapore Citizens or Permanent Residents

  • NRIC

Documents Requirement for Foreigners

  • Passport
  • Employment Pass
  • Proof of Mailing Address (i.e. Utility/Telco/Bank statement with another bank in Singapore) where name must be the same as your Passport and Employment Pass


Account opening is subject to the Bank's approval.

Fees and Charges


Description
Fees and Charges
Fall-below fee (per month)US$5 equivalent; waived with an average daily balance of US$1,000 or its equivalent in the month
Early Account Closure
(within 6 months)
US$20 early account closure fee, if the account is closed within 6 months of opening
ChequebookFree (only USD Chequebook is available)
Others
Please click on to view the other transactional charges and service fees applicable



Useful Links

TOP

Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.