CNY Online Time Deposit Offer
On top of the potential gain from currency appreciation, you can now maximize your interest earnings on Chinese Yuan Renminbi (CNY) by locking in guaranteed return for up to a year. From now until 4 January 2021, you can enjoy Preferential Interest Rate* for setting up CNY Online Time Deposit via DBS iBanking^, DBS digibank or DBS iWealth® App.
CNY Preferential Interest Rate up to 2.20% p.a.
interest rate (p.a.)*
Diversify your portfolio with Renminbi Online Time Deposit for a higher potential return
The above examples are for illustration purpose only and based on the assumptions below. The rates are not guaranteed and are subject to change. You should not rely on the above example to make any decision.
- The HKD Time Deposit in example 1 and HKD plus CNY Time Deposits in example 2 are placed for 6 months and renewed for 6 months on maturity.
- The customer converted HKD to CNY on 6 Sep 2019, and then placed 2 consecutive CNY Time Deposits from 6 Sep 2019 to 6 Sep 2020. The customer converted the funds from CNY to HKD on 7 Sep 2020. The foreign exchange rates are quoted based on the actual exchange rates in the market on the days concerned.
- Time Deposit rates remain constant within the 12-month period.
* Preferential Interest Rate is subject to the relevant Terms and Conditions. please click here for details.
^ To enjoy online preferential interest rate, specified promotion code must be input when placing CNY Online Time Deposit via DBS iBanking.
~ Not available to Customer who has set up any time deposit through DBS iBanking or DBS digibank or DBS iWealth® App prior to the date of time deposit placement.
Act now and set up CNY Online Time Deposit with FPS!