Anyone know about foreign FD?

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Anyone know about foreign FD?

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Takudan

May 2 2023, 10:19 AM

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Senior Member
1,058 posts

Joined: Jun 2011
From: Kuala Lumpur, Malaysia

QUOTE(TOS @ Apr 1 2023, 07:11 PM)

CIMB SG cuts 6 months offer rates, now it's flat.

Tenure (Months)	PERSONAL BANKING Online Promo Rate (% p.a.)	PREFERRED BANKING Online Promo Rate (% p.a.)
6	3.45	3.50
9	3.45	3.50
12	3.45	3.50
18	3.45	3.50

*Both column figures are for S$10,000 & Above

Sourced from lzydata/HWZ: https://forums.hardwarezone.com.sg/threads/...#post-146935024

No longer flat.. here's May promotion:

Tenure (Months)	PERSONAL BANKING Online Promo Rate (% p.a.)	PREFERRED BANKING Online Promo Rate (% p.a.)
6	3.35	3.40
9	3.45	3.50
12	3.35	3.40
18	2.95	3.30

https://www.cimb.com.sg/en/personal/banking...it-account.html

Btw, CIMB SG allows Malaysian to have FD too (I think), but other banks.... Seems like not

This post has been edited by Takudan: May 2 2023, 10:23 AM

TOS liked this post

Takudan	May 2 2023, 10:32 PM Return to original view \| IPv6 \| Post #2
Regular Senior Member 1,058 posts Joined: Jun 2011 From: Kuala Lumpur, Malaysia	QUOTE(ceo684 @ Apr 24 2023, 09:03 PM) 3.8% eSaver promo just for 2mos https://www.sc.com/sg/save/savings-accounts/esaver/ ELIGIBILITY Nationality: Singapore citizen / Singapore permanent resident / foreigner Age requirement: Minimum 18 years old QUOTE(TOS @ Apr 29 2023, 09:48 AM) RHB Singapore cut FD rates dramatically... 6M and 12M now 3.5% p.a. https://rhbgroup.com.sg/rhb/personal/fixed-deposit-campaign Source: HWZ Eligibility Singaporeans or Singapore Permanent Residents 18 years and above Foreigners with Employment Pass or Work Permit Holders QUOTE(TOS @ May 2 2023, 07:50 PM) If you mean Malaysians in general, then no, I can place an FD in DBS for example. Maybank SG allows Malaysians to place FD too. » Click to show Spoiler - click again to hide... « In general, if saving account is opened, then FD should also be fine. Not aware of any exceptions for SG banks. Ah, I browsed through 3 of the links you shared. - Standard Chartered looks A-OK as long as we have the required documents listed for foreigners. - RHB one doesn't allow it - Bank of China one I couldn't find anything about eligibility so I'm not sure... I only have CIMB SG to test it myself, that's why I could only confirm for this
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Takudan	May 22 2023, 11:58 AM Return to original view \| IPv6 \| Post #3
Regular Senior Member 1,058 posts Joined: Jun 2011 From: Kuala Lumpur, Malaysia	QUOTE(TOS @ May 22 2023, 10:49 AM) HKD and USD promo FDs for HK banks: » Click to show Spoiler - click again to hide... « Sourced from 香港明报 Money Monday 220523. FIVE PERCENT?? Damn, how to sign up as Malaysian? 🤤
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