Selecting the best and giving it time to get great returns, like your foreign currency deposit with us

• Competitive interest rates and exchange rates, click here for the latest interest rates.
• 24-hour service with Business Internet Banking.
• Choice of 1, 2, 3, or 6-month tenure for all currencies, and 12-month tenure for AUD, GBP, NZD and USD.
• Access to overdraft facilities secured against your deposit.

Eligibility

• Sole proprietors
• Partnerships
• Limited Liability Partnerships (LLP)
• Incorporated Companies
• Charities
• Societies
• Associations

Documents Required

• Click here to view the required documents for account opening

Initial Deposit

• 10,000 units for all foreign currencies and 2.5 million units for JPY only

Account opening is subject to the Bank's approval.

Click here to view other applicable bank charges for our services

Please make an appointment with your preferred branch to register your interest for company account opening.

During your appointment, please bring along the following documents and take note of the requirements:

Personnel to be present

Documents required

• Completed company account opening form. Form is available at maybank.sg/caform
• Supporting documents
• Certified true copies of Memorandum & Articles of Association (M&A) / By-Laws / Constitution
• Certified true copies of NRIC/Passport of all authorised Signatories/Directors/Partners/Office Bearers
• Other supporting documents (if necessary), such as company bills, invoices, bank statements, to help us better understand the needs and purpose of the account.
• Minimum deposit in cash or cheque

• Terms and Conditions governing Foreign Currency Time Deposit Accounts (PDF)

Note
Foreign currency investments are subject to fluctuations with either the possibility of profit or the risk of loss. Please note that principal investment can also be eroded.