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Currency Pair

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

Product summary:

  • A time deposit product combining RMB and foreign currencies. Available combinations include:
    • RMB + USD
    • RMB + HKD
    • RMB + AUD
    • RMB + SGD

  • Deposit Rate:
    CurrencyTenureRate(%)
    RMB 12 months 2.10
    USD 3 months 2.30
    HKD 3 months 2.50
    AUD 3 months 4.20
    SGD 3 months 2.50
  • Deposit term is 1 year for RMB and 3 months for foreign currencies.
  • Value date for RMB and foreign currency deposits under this product must be the same.Customer can enjoy the agreed time deposit interest rates only when both the RMB time deposit and foreign currency time deposit are held in full to their respective maturity dates.
Note:
  1. 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.
  2. 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.

 

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