Foreign Currency Time/Fixed Deposit
Maximise your returns on foreign currency deposits with our higher interest rates
Secure higher returns for foreign currencies
Gain higher interest
With one of Singapore’s lowest deposit requirements, start your investment journey with confidence and earn higher interest through our rates here.
Instant applicationNEW!
Reduce waiting time at the branch and open a UOB Fixed Deposit account instantly online here
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Flexible choice
We offer a wide range of tenors to suit your needs.
Convenient automatic renewal
Enjoy the convenience of automatic renewal upon maturity of your fixed deposit while you stay home and stay safe.
How it works
To place a new fixed deposit
Step 1: Transfer the minimum required fresh funds to your existing savings/current account
Step 2: Login to UOB Personal Internet Banking > Click "Investment" > Select "Fixed Deposit"
Step 3: Fill in the following details
- Fixed Deposits Account
- Placement Amount
- Placement Currency
- Tenor
- Debiting Account
- Maturity instruction
Once your transaction is successful, your new placement will be shown when you click into the account.
To amend maturity instructions
Step 1: Login to UOB Personal Internet Banking
Step 2: Click "Investment" > Select "Fixed Deposit"
Step 3: Click "Amend" and amend your maturity instruction
Once you have confirmed to proceed, your new maturity instructions will be shown when you click into the account.
Things you should know
Eligibility and fees
Age
18 years old and aboveNo fees are required to maintain the account.
Minimum Placement
- Currency
- Tenor (1, 2, 3, 6 and 12 months)
| 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 |
Information notice
Important information on the use of UOB Accounts and Services
Terms & Conditions
Sales representatives, if any, may be remunerated for the recommendation or sale of this account.
Make banking simpler with these services
Track your investments on the go
Use UOB TMRW to view, manage and keep track of all your UOB accounts.
You can also use the app to place new fixed deposits, as well as renew or withdraw from matured ones anytime.
Get alerts about your account instantly
Leave the hard work to us! To safeguard your account, UOB Insights will let you know instantly if there are any unusual transactions.
Maturity Instruction
1. What are the types of maturity instructions available?
You may select one of the following maturity instructions for your Time/Fixed Deposit:
Option 1
Option 2
Option 3
For Option 1 or 2 above, the principal amount of the Time/Fixed Deposit including or excluding interest (dependent on the option selected) will continue through one new cycle with same tenor at prevailing interest rate upon maturity of the Time/Fixed Deposit.
For Option 3 above, please ensure to have a subsisting UOB current or savings account for crediting of matured funds from the Time/Fixed Deposit.
2. Can I amend my maturity instruction after I have made a placement?
Yes, you may submit a request to change maturity instruction via UOB Personal Internet Banking:
Step 1
Step 2
Step 3
Once you have confirmed to proceed with your new maturity instruction, you may view your new maturity instructions by clicking on your Time/Fixed Deposit account in UOB Personal Internet Banking and/or TMRW.
Please note that a request to change maturity instruction must be successfully submitted more than 7 calendar days prior to maturity date of the Time/Fixed Deposit. Otherwise, the request will be rejected.
3. Will the maturity date of my Time/Fixed Deposit fall on a non-working day (e.g. Sunday or public holiday)?
No, the maturity date will fall on the next working day and interest for the additional day(s) will be accorded accordingly.
Withdrawal
1. How can I make a withdrawal of my Time/Fixed Deposit?
You may visit any UOB branch in Singapore during the UOB branch’s operating hours to make a withdrawal of your Time/Fixed Deposit. Please bring along your identification documents (e.g. NRIC or passport) for verification purposes.
2. Can I make an early withdrawal of my Time/Fixed Deposit before its maturity date?
Yes, you may visit any UOB branch in Singapore during the UOB branch’s operating hours to make an early withdrawal of your Time/Fixed Deposit. Please bring along your identification documents (e.g. NRIC or passport) for verification purposes.
Please note that you may receive lesser or no interest for early withdrawal of your Time/Fixed Deposit before its maturity.
3. Are there any fees or charges for early withdrawal of Time/Fixed Deposit?
Singapore Dollar Time/Fixed Deposit
There is no withdrawal fee imposed for Singapore Dollar Time/Fixed Deposit.
However, please note that you may receive lesser or no interest for early withdrawal of your Time/Fixed Deposit before its maturity.
Foreign currency Time/Fixed Deposit
Please note that:
- You may receive lesser or no interest for early withdrawal of your Time/Fixed Deposit before its maturity.
- Foreign currency conversion is based on prevailing exchange rate and subjected to exchange rate fluctuations, which may result in you receiving an amount different from the original amount you placed for your Time/Fixed Deposit.
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UOB Stash Account
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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$100,000 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$100,000 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.
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