Foreign Currency Time Deposit

Foreign Currency Time Deposit

Secure higher interest returns.
Available in ten major currencies.

Initial deposit

5,000 units

CHF, USD; 50,000 units for HKD and
250,000 units for CNH and
500,000 units for JPY


Promotional interest rate

up to
 2.10% p.a.



Singaporeans, Singapore PRs and foreigners age 18 and above

How to apply

Open a Foreign Currency Time Deposit with your preferred currency and enjoy the following promotional interest rates

Currency Interest Rates (p.a.) Tenure Time Deposit Account
Australian Dollar 1.45% 3 months Minimum 5,000 units in respective currency to S$999,999 equivalent
New Zealand Dollar 1.90%
U.S. Dollar 0.65%
Australian Dollar 1.70% 12 months
New Zealand Dollar 2.10%
U.S. Dollar 0.80%


All promotional interest rates and tenors are determined by OCBC Bank in its sole discretion and notified. The maximum placement amount for all Time Deposit Promotions is S$999,999 (or equivalent in fresh funds only i.e. the funds placed must not be transferred from existing OCBC Bank deposit accounts or in the form of OCBC cheques/cashier's orders/demand drafts).

The foreign currency deposit interest rates are updated daily for your information.

View board rates

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2 ways to apply

At a branch

Please bring along:

for Singaporeans and
Singapore PRs

Passport +
Employment Pass/S-Pass

    Foreigners need to bring:

  • Passport

  • Employment Pass (EP) or S-Pass or Student Pass

5,000 units

50,000 units for HKD,
250,000 units for CNH and 500,000 units for JPY for initial deposit

Additional documents

Include any one of the following documents:

  • Phone bill
  • Half-yearly CPF statement
  • Any bank statement
Find nearest branch to apply

Via Online Banking

 For existing OCBC customers

Don't have Online Banking yet? Apply now

Foreign currency deposit

Foreign currency deposits are subject to exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means and risk profile. Any pre-termination costs will be deducted from your deposit.