Foreign Currency

ANNUALISED RATES OF PROFIT FOR FOREIGN CURRENCY DEPOSIT
Effective 1-JAN-2017
PERIOD: JAN-2017 – JUN-2017

Tenor Profit Rates (% p.a.)
USD GBP EURO
  Savings Deposit (2,000 & Above)
Saving 0.40% 0.30% 0.15%
  Term Deposits Tier – 1 (2,000 – 10,000)
1 Month 0.30% 0.30% 0.10%
3 Months 0.50% 0.40% 0.15%
6 Months 0.60% 0.50% 0.15%
12 Months 0.70% 0.55% 0.20%
  Term Deposits Tier – 2 (Over 10,000 – 50,000)
1 Month 0.35% 0.35% 0.10%
3 Months 0.60% 0.45% 0.15%
6 Months 0.70% 0.55% 0.15%
12 Months 0.80% 0.60% 0.20%
  Term Deposits Tier – 3 (Over 50,000 – 100,000)
1 Month 0.40% 0.40% 0.10%
3 Months 0.70% 0.50% 0.15%
6 Months 0.80% 0.60% 0.20%
12 Months 0.90% 0.65% 0.25%
  Term Deposits Tier – 4 (Over 100,000 – 200,000)
1 Month 0.45% 0.45% 0.10%
3 Months 0.80% 0.55% 0.15%
6 Months 0.90% 0.65% 0.20%
12 Months 1.00% 0.70% 0.25%
  Term Deposits Tier – 5 (Over 200,000)
1 Month 0.50% 0.50% 0.10%
3 Months 0.90% 0.60% 0.15%
6 Months 1.00% 0.70% 0.20%
12 Months 1.20% 0.75% 0.25%

Important Notice:

FCY TD will be booked for minimum amount of 2,000 (USD/GBP/EURO)
No rate will be applied on FCY Savings balance below 2,000 (USD/GBP/EURO)
These rates are effective 1-Jan-17 on fresh deposit and roll-overs.

Premature encashment of a time deposit will result in the rate for the next lower tenor being applied. An additional penalty of 0.25% on the principal amount may also be applied.
Profit Rates will be negotiable, subject to approval of Head CRBG & Head Treasury

To download the rate sheet, click here