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Islamic Deposits

Foreign Currency Current Account-i

Transact in major foreign currencies without having to convert them to Singapore Dollars with this Shariah-compliant account.

  • Initial Deposit

    US$1,000 or its equivalent

Benefits


  • Potential bonus in hibah may be distributed at the Bank’s discretion to customers.
  • Transfer funds in foreign currency to and from your SGD accounts via Online Banking.
  • Free chequebook for US Dollars Current Account.
  • Deposit and withdraw major currencies in cash, demand drafts or telegraphic transfers.

Currencies


USD, EUR, GBP, AUD, NZD, CAD, HKD, JPY

Requirements


ELIGIBILITY:

  • Age: 18 and above.

 

APPLICATION DOCUMENTS:
Singapore Citizens or Singapore Permanent Residents

  • NRIC

Foreigners

  • Passport
  • Employment Pass
  • Proof of mailing address i.e. utilities bill or bank statement with residential address, where the name must be the same as your Passport and Employment Pass

Fees & Charges


DescriptionFees and Charges
Fall-below fee (per month) US$5 equivalent, if your average daily balance fall below US$1,000 or its equivalent in the month
Early Account Closure (within 6 months) US$20 if the account is closed within 6 months of opening
Cheque Usage Free (only USD Cheque book is available)
Others Click to view the other applicable Transactional charges and service fees