Foreign Currency Term Deposit-i

Diversify your portfolio via different foreign currencies; benefit from competitive profit and exchange rates.

Key info

  • Minimum initial deposit of
    • 10,000 units for all foreign currencies
    • 2.5 million units for Japanese Yen
  • Placement period: 1, 2, 3 and 6-month tenures are available for all foreign currencies. 12-month tenure is available for placements in AUD, GBP, NZD and USD only.
  • Open to all customers

Foreign Currency Term Deposit-i is based on the Shariah principle of Murabaha, involving sale of commodities at marked-up price between Maybank and you. Profits are determined upfront and will be paid upon maturity.

Benefits

Service fees and charges apply

Placement periods

  • 1, 2, 3 and 6 months - for all foreign currencies
  • 12 months - applicable for AUD, GBP, NZD and USD only

Minimum initial deposit

  • 10,000 units for all foreign currencies
  • 2.5 million units for Japanese Yen

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 or Work Permit; and
    - An original copy of the latest bank statement, utility or telecommunication bill with
       your residential address indicated

Fees and charges

To apply, simply bring your NRIC or passport when you visit any of our 21 Branches in Singapore.

Terms and Conditions (PDF)

Additional Terms Governing Islamic Term Deposits (PDF)

Note:
Foreign currency investments are subject to fluctuations with either the possibility of profit or the risk of loss. Please note that principal investment can also be eroded.