Dbs Time Deposit
Posted By admin On 31/07/22- Dbs Time Deposit Hk
- Dbs Time Deposit Singapore
- DBS Singapore 2 Year Fixed Deposit
- Dbs Time Deposit Promotion 2020
- New service hours of Online Time Deposit: 7:00 a.m. – 11:30 p.m., Monday to Saturday. New customers schedule. An account opening appointment. Book appointment.
- Deposit Accounts require a S$1,000 minimum and the rate applicable is for a period of 12 months The rate of 1.40% is 0.64% higher than the average 0.76%. Also it is 0.05% lower than the highest rate 1.45 Updated Aug, 2019 on DBS's secure website.
- DBS Bank provides you with a wide range of deposit products with reasonable rates. You also have easy access to your cash through our branches and Singapore's largest ATM network.
The current highest DBS fixed deposit rate of 1.3 per cent p.a. Is considered sky-high by Covid-19 standards. The minimum of $1,000 is is quite a manageable amount, although you have to commit to. The above interest rates are for reference only. DBS reserves the right to alter from time to time the RMB and/or foreign currency deposit rates applicable to this product when it deems necessary. Actual rates are subject to the latest rates posted at DBS China’s outlets at the time of placement of the respective time deposits.
At a Glance
You need flexible, convenient and instant deposit and withdrawal services to meet your daily needs. DBS has several RMB savings accounts to choose from. Find the one that’s just right for you. ;;;
1. RMB savings accounts
Account types | Benefits | Minimum balance requirement |
---|---|---|
RMB personal settlement account* |
| CNY1 |
RMB remittance savings account (Limited to residents of Hong Kong SAR) |
| CNY1 |
RMB remittance savings account-Self Name/Third Party (Limited to residents of Taiwan Region) |
| CNY1 |
2. Foreign currency savings account*
- Choose from 10 currencies: USD, HKD, JPY, EUR, AUD, CAD, GBP, SGD, CHF and NZD
- USD and HKD cash services
- AUD and SGD cash services (only available at selected branches)
- Flexibility and convenience with no minimum balance requirement
* This account is only available for clients who are 18 years or older. For customers who are younger than 18 years old and wish to open the Account, a Minor Trust account or Minor Non-Trust account may be opened in the company of his/her statutory agent.
For CNY cash withdrawal amount of ≥ CNY 50,000, or foreign currency amount ≥ USD/HKD/AUD/SGD 5,000 (in Shenzhen area, for any AUD/SGD cash withdrawal, USD cash withdrawal amount of ≥ USD 1,000, or HKD cash withdrawal amount of ≥ HKD 10,000), please raise a request through the branch or your relationship manager before 12 noon, one working day in advance.
How to Apply
Visit any of our branches
Call our DBS 24-hour personal banking hotline at 400 820 8988
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At a Glance
Dbs Time Deposit Hk
RMB-Foreign Currency combination term deposit product for our individual customers to provide one-stop solution for RMB and foreign currencies.
Do you wish for more favorable foreign currency time deposit rates compared to what is offered in the market currently? Are you holding both RMB and foreign currencies but struggling to find a safe and secured investment option?
Introducing DBS China's innovative RMB-foreign currency combination time deposit product:
'Currency Pair' – your one-stop time deposit solution for RMB and foreign currencies.
This product is designed for:
DBS China personal banking customers
Dbs Time Deposit Singapore
Product summary:
A time deposit product combining RMB and foreign currencies. Available combinations include:
RMB + USD
RMB + AUD
Valid Period: from 1st Mar 2021 to 31st Mar 2021
Deposit Rate:
Currency
Tenor
Rate(%p.a.)
RMB 12 months 1.80 USD 0.85 AUD 0.65 Deposit term is the same for RMB and foreign currencies.
- The “Currency Pair” product is a combination of RMB time deposit and FCY time deposit the value date of the RMB time deposit and the FCY time deposit must be same. The minimum deposit amount is RMB 50,000 plus USD 50,000 or RMB50,000 plus AUD50,000, while RMB time deposit amount shall not be less than USD/AUD time deposit amount, and the deposit principal amount and the tenor shall comply with the requirement of the Bank. The Principle and interest rates of RMB and FCY will be auto transferred to the respective saving account when it matures representatively.
- Time deposits placed at rates under this campaign are not auto-renewable upon maturity. Please take note of the time deposit maturity date to avoid idle funds.
- In case of any discrepancies between the Chinese and English versions of these Terms and Conditions, the Chinese version shall prevail.
- To the extent permitted by relevant laws and regulations, the Bank reserves the right to revise these Terms and Conditions or to early terminate this campaign without notice.
- These Terms and Conditions shall be governed by and construed in accordance with the laws of the People’s Republic of China.
- Please contact your relationship manager or call our hotline at 400 820 8988 if you have any queries about this campaign.
Note:
The above interest rates are for reference only. DBS reserves the right to alter from time to time the RMB and/or foreign currency deposit rates applicable to this product when it deems necessary. Actual rates are subject to the latest rates posted at DBS China’s outlets at the time of placement of the respective time deposits.
The above information serves as a brief introduction of the product. For threshold amount and detailed terms and conditions, please refer to the 'Currency Pair' placement/withdrawal application form.
How to Apply
DBS Singapore 2 Year Fixed Deposit
Call our DBS 24-hour personal banking hotline at 400 820 8988