Foreign Currency Fixed Deposit

  • foreign-currency-fixed-depositforeign-currency-fixed-deposit

    Enjoy potentially better returns on a wide choice of currencies and tenors

Benefits

Higher interest rates

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Flexible tenors

ranging from 1 week to 12 months

One of the lowest

minimum deposit requirements in Singapore

Convenient modes

of making and withdrawing deposits – by cash, cheque or telegraphic transfer

Convenient automatic renewal

of fixed deposit upon maturity

The option to use foreign currency

fixed deposit as collateral for an overdraft in foreign currencies, loan or other credit facilities with the UOB Group

The privileges

of a UOB Credit Card when you pledge your fixed deposit

Fees & Requirements

  • You do not have to pay any fees to maintain the account
  • For non-resident individuals, interest earned is also exempt from tax and estate duty

  • You must be at least 15 years old
  • An introducer is required if a non-resident individual wishes to open an account
  • Minimum placement amount. Please refer to the table below.

    Currency Tenor (1,2, 3, 6 and 12 months)
    US Dollar USD 5,000
    Australian Dollar AUD 5,000
    British Pound GBP 5,000
    Canadian Dollar CAD 5,000
    Euro EUR 5,000
    New Zealand Dollar NZD 5,000
    Swiss Franc CHF 5,000
    Japanese Yen JPY 500,000
    Hong Kong Dollar HKD 200,000

    (Shorter tenors available for higher amounts)

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Make an appointment

Online Booking

Book an appointment online for express account opening#

#At selected branches only.

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Via Branches

Via branch

Visit any UOB/FEB branch

Locate a branch

More information

Deposit Insurance Scheme

Providing limited compensation to selected eligible deposits

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Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme 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.

Please refer to UOB/FEB Insured Deposit Register for a list of UOB accounts/ products that are covered under the Scheme.