Foreign Currency Savings Account

The account that offers you more convenience and choice

Benefits and features

Wide range of major currencies
Easy-to-read monthly statements

A foreign currency savings account with HSBC is a convenient way of handling your finances. As there are no restrictions on exchange controls in Singapore, your funds can easily be remitted in and out of the country. We will also provide you with the convenience of an ATM card, PhoneBanking and Internet Banking services.

Eligibility

Individuals (residents/non-residents) aged 16 and above
Minimum initial deposit of US$5,000 or its equivalent

Fees

Currency	Minimum average daily balance (in respective currencies)	Minimum balance fee
US dollar	US$800	US$10
Pound sterling	£800	£10
Australian dollar	A$800	A$10
Hong Kong dollar	HK$7,000	HK$100
Japanese yen	¥100,000	¥1000
Euro	€800	€10
Canadian dollar	CA$800	CA$10

Closure fee of US$50 or its equivalent if account closed within 6 months from opening date

Required documents

Identity Card/Passport
Proof of Address

Act now

Phone: 1800-HSBC NOW (4722 669) in Singapore or
Make an appointment with us today.

Terms and conditions governing personal deposit accounts apply

Important notes
Foreign currency deposits are not subject to the provisions of the Deposit Insurance and Policy Owners' Protection Schemes Act 2011 and are not eligible for deposit insurance coverage under the Deposit Insurance Scheme.

With effect from 1 Jul 2009, an administrative fee of 1.5% of the foreign currency transaction amount will be debited from your account when a transaction in foreign currency is made on your debit or ATM card.