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Anyone know about foreign FD?
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Mr Gray
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Apr 4 2024, 05:20 PM
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QUOTE(leagueoflegend @ Apr 4 2024, 04:17 PM) Thank you so much on the info, never thought of this hmm which RHB FD is good for USD? https://www.rhbgroup.com/treasury-rates/mul...card/index.html >> im looking at this but im not sure which column i should looking What is your advice of the tenure period if invest USD into RHB USD FD? Go to any RHB branch and say you want to open multicurrency account. Make sure you ask for conventional account. Islamic mca doesn't have foreign FD.
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leagueoflegend
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Apr 17 2024, 01:20 PM
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Getting Started

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SUSTOS
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Apr 21 2024, 09:03 AM
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Warm reminder:
From this month onwards (April 2024), insurance coverage on SGD bank deposits will be raised to $100,000 per depositor.
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SUSTOS
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May 29 2024, 06:03 PM
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https://www.dbs.com.sg/personal/rates-onlin...d-deposits.pageVery short-term DBS USD FD rates drop by some 8 basis points to 5.01-5.03% recently... Used to be 5.09%...
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hksgmy
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May 29 2024, 06:24 PM
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QUOTE(TOS @ Apr 21 2024, 09:03 AM) Warm reminder: From this month onwards (April 2024), insurance coverage on SGD bank deposits will be raised to $100,000 per depositor. that’s good news… I think?
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SUSTOS
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May 29 2024, 06:29 PM
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QUOTE(hksgmy @ May 29 2024, 06:24 PM) that’s good news… I think? Yea for sure, they hadn't raise the coverage limit since 2019, and gotta factor in inflation etc.
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Nibba
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Jun 25 2024, 07:06 PM
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Getting Started

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Hi all, financial illiterate here
Have some USD in my HSBC multicurrency account as a result of investment from the past thinking about just putting it into foreign FD but maybe in SGD... question is must I use MYR to convert and follow bank rate? Can I not use wise to convert USD-SGD and place it into a SGD FD account?
Thanks and any better alternatives for what to do with the money welcome as well
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SUSTOS
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Aug 8 2024, 10:17 AM
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A pretty terrible promo, but just in case you are fans of DBS/POSB... https://www.posb.com.sg/personal/posb-ssb-t...dex-posb-202408
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