Flexible deposit.

Flexible Term deposit.

Foreign Currency Fixed Deposit

Fixed deposit investment opportunities await international investors in Singapore. Citibank is here to help you diversify your wealth with our fixed time deposit in a range of foreign currencies.

A Citibank Time Deposit, available in a range of foreign currency options including USD, offers you attractive interest rates to make your money work harder for you while providing the flexibility of managing your money. At Citibank, should you need liquidity, the Citibank Time Deposit allows you to withdraw from your time deposit, in blocks of US$5,000 (or equivalent), without losing all the interest you have earned. The withdrawn amount still earns interest for the completed tenure.



Why deposit in a Citibank Time Deposit

  • Earn attractive interests with a choice of major currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD and USD
  • Choice of tenures: 1 week, 1 month, 2, 3, 4, 6, 9, 12 months
  • Minimum US$50,000 (or equivalent) to establish a time deposit
  • Unfixed* feature where partial withdrawals are allowed
  • Automatic rollover facility to ensure your deposits earn interest continuously
  • Freedom to switch between the 10 currencies with no penalty fees**
  • Overdraft facility with your deposit as collateral

*For partial withdrawal, the minimum amount that can be withdrawn is US$5,000 (or equivalent), with at least US$50,000 (or equivalent) to be maintained in your account at all times. For pre-termination of deposit, the Bank reserves the right to charge a penalty fee, which will be deducted from the withdrawn amount.

**You may switch between any of the currencies without penalty, as long as the original maturity date remains or is extended, and under normal market conditions. This feature is not applicable to SGD Time Deposits.


Flexible placements and renewals

For your convenience, you can:

  • Deposit cash in SGD, USD, AUD, HKD and JPY at our branches
  • Deposit Travelers' Checks, Checks or Drafts at our branches or mail us the Checks/Drafts at our mailing address
  • Remit funds via telegraphic transfer or Citibank Global Transfer (CGT)
  • 24-Hour Online Banking

When your deposit matures, your Time Deposit is automatically renewed, at the prevailing interest rate.

How to Apply

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  • Simply complete the form and we will be in touch with you shortly
  • If you have further enquiry, click here to drop us a note
  • Simply contact your Relationship Manager or our 24-hour CitiPhone Banking at +65 6224 5757+65 6224 5757.
  • If you have further enquiry, click here to drop us a note
  • Your first trade is free with Citibank Brokerage.
  • Enjoy Paperless Freedom with Citibank Electronic Statements and Advices

Important Notes

Foreign Currency Time Deposits

Foreign currency investments are subject to rate fluctuations, which may provide both opportunities and risks. You may experience a loss when you convert foreign currency back to your home currency. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency investment is suitable for you in the light of your investment objectives, your financial means and your risk profile. Foreign currency investments are not insured products under the provisions of the Deposit Insurance and Policy Owners' Protection Schemes Act 2011 of Singapore, are not eligible for deposit insurance coverage under the Deposit Insurance Scheme and are not insured by the Federal Deposit Insurance Corporation.

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For more information, please refer to SDIC's website at

Citibank full disclaimers, terms and conditions apply to individual products and banking services