Foreign Currency Fixed Deposit

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

    Earn a promotional interest rate of 0.60% p.a.* on a 6‑month US Dollar Fixed Deposit


     *T&Cs apply.

Promotion

Enjoy attractive interest rates on a 6-month US Dollar Fixed Deposit.

Currency of time/fixed deposit of FCFD Account Tenor Promotional Interest Rate* (p.a.) Minimum Deposit (Fresh Funds)
USD 6-month 0.60% USD20,000

This promotion is available from 1 July 2020 to 30 July 2020.
Simply login to UOB Personal Internet Banking to make a fresh fund placement now. Click here to find out more.

The promotional interest rate(s) quoted are as at 1 July 2020. This promotion is applicable to individual customers only and is not valid with any other privileges or promotions unless otherwise stated. The fixed deposit must be made with fresh funds and not funds transferred from existing UOB savings/current/fixed deposit account(s) or UOB cheques, cashier's orders and demand drafts. To qualify for the promotional interest rate, fresh fund of not less than $20,000 must be placed in the applicable foreign currency fixed deposit for the tenor applicable to that promotional interest rate. The promotional interest rate will only apply if the fixed deposit is held to maturity. If the fixed deposit is withdrawn before its maturity, no interest will be payable unless UOB decides otherwise (in which case, the amount of interest payable will be determined by UOB). UOB may change the terms and conditions of this promotion (including the promotion period, promotional interest rate, fixed deposit tenor, or terminate this promotion) at any time without having to provide any reason or prior notice. It is important to read and accept the full terms and conditions that apply to the 6-month Promotional Rates.

Benefits

Higher interest rates

Read more

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)

Apply Now

We are here to see you through better times.

As the COVID-19 outbreak continues to impact individuals, we would like to reassure you that our full range of banking services will be available during this "circuit-breaker" period.

You can now perform the following fixed deposit transactions online at your convenience:

  To place a new fixed deposit To amend maturity instructions
For customers with Fixed Deposits account Step 1: Transfer the minimum required fresh funds to your existing savings/current account

Step 2: Login to UOB Personal Internet Banking

Step 3: Click “Investment” > Select “Fixed Deposit”

Step 4: Fill in the following details
  • Fixed Deposits Account
  • Placement Amount
  • Placement Currency (Select "USD" to enjoy the promotional rate)
  • Tenor (Select "6 months" to enjoy the promotional interest rates)
  • Debiting Account
  • Maturity instruction
Step 5: Click confirm to proceed after you have verified the information.

Your new placement will be shown when you click into ‘Fixed Deposit Account’.
Step 1: Login to UOB Personal Internet Banking

Step 2: Click “Investment” > Select “Fixed Deposit”

Step 3: Click “Amend”

Step 4: Amend your maturity instruction and click “Save”

Step 5: Click confirm to proceed after you have verified the information.

Your new maturity instructions will be shown when you click into ‘Fixed Deposit Account’.

Open your Fixed Deposits account today

For UOB customers with savings/current account Step 1 : Login to UOB Personal Internet Banking

Step 2: Click “Apply For”

Step 3 : Click “ Fixed deposit” Account.
For new Customers Step 1: Apply for a savings/current account of your choice at uob.com.sg/uobsavers and get up to S$160* cash credit.

Step 2: Once your savings/current account has been opened, apply for a fixed deposit account.

OR

Book an appointment online for express account opening#.

Book now

*Full terms and conditions for the UOB Online Promotion and UOB Salary Credit Reward Campaign (1 March 2020 to 30 June 2020) apply and is available at uob.com.sg/uobsavers.
#At selected branches only.

Don't have access to UOB Personal Internet Banking?

Apply Here

 

For other enquires, please click here and we will assist you.

More information

Deposit Insurance Scheme

Providing limited compensation to selected eligible deposits

Find out more

Deposit Insurance Scheme:
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$75,000 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$75,000 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 Insured Deposit Register for a list of UOB accounts/ products that are covered under the Scheme.