At POSB, we understand that you want the best rates for your foreign currency banking needs. Thats why we offer you one of the most attractive rates across a wide range of Foreign Currency Services. What's more, you can perform these transactions at your own convenience by simply logging onto iBanking anytime.
Take advantage of attractive interest rates when you place your funds in a Foreign Currency Fixed Deposit Account.
Use our telegraphic transfer services to securely and swiftly send funds to an account in an overseas bank (for selected countries) from your SGD Savings/Current Accounts.
Enjoy preferential exchange rates when you convert amounts of at least S$50,000 equivalent in currencies such as SGD, USD, AUD, NZD, etc to another currency.
Send money overseas by demand drafts through any of our overseas agent banks.
For more information, please visit any of our POSB branches. Our Relationship Managers will be happy to assist you.
Terms and Conditions apply. This does not constitute an offer, an invitation or a recommendation to enter into any transaction. DBS Bank Ltd ("DBS") is acting as principal and not as the reader's adviser or in a fiduciary capacity in respect of this proposed transaction or any other transaction unless otherwise specifically agreed in writing, and accepts no liability whatsoever with respect to the use of its contents.
Foreign currency fixed deposits are excluded from insurance coverage under the Deposit Insurance and Policy Owner's Protection Schemes Act 2011. Conversions between currencies involve fluctuations and are subject to exchange controls. If you are converting from another currency to place a deposit and intend to convert it to the original currency, exchange rate fluctuations could cause the converted amount to be less than your original amount.www.dbs.com/posb/ibanking/additionalinfo/terms/default.aspx