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Time Deposits

iSAVvy Foreign Currency Time Deposit

Expand your investment portfolio with a wide range of currency options, and earn preferential interest and exchange rates.

Benefits


  • Competitive interest rates and exchange rates
  • Round-the-clock service with Online and Mobile Banking
  • Choice of 1, 2, 3 and 6 months tenure for all currencies and 12 months for USD
  • 5 major currencies available, i.e. AUD, EUR, NZD, GBP and USD

Time Deposits are now on Maybank2u SG (Lite) appNEW


Place and manage your placements conveniently

  • Place and manage your time deposits conveniently on the go with Maybank2u SG (Lite) app
  • Placements available in SGD or foreign currencies
  • Access this service on the go so you will not miss out on attractive returns

Eligibility


  • Minimum age: 18 years old
  • Initial deposit:
    • 10,000 units for all foreign currencies
  • Maintain any Maybank Savings or Current account with Maybank2u Online Banking access
    • Foreign Currency Time Deposit principal will be debited from this account
    • Interest and principal upon deposit maturity will be credited to this account

Fees and Charges


Click here to view other applicable Bank charges for our services.

Useful Links


 

Important information
The iSAVvy Foreign Currency Time Deposit is a deposit account that can only be operated via Maybank2u.com.sg. No statement or advice will be issued. Premature withdrawal (whether partial or in full) and top-up of the principal amount is not permitted. The Bank may however in its discretion, allow a premature withdrawal in full upon it being compensated for all losses arising from such premature withdrawal, including the replacement cost for such deposit. Such premature withdrawal and any change in Maturity Instruction can only be made at least 2 business days in advance, at any of our Maybank Branch in Singapore