Foreign Currency Fixed Deposit


There are many reasons why you would need to invest your hard earned foreign currency earnings on a Fixed Term. Seylan Foreign Currency Fixed Deposits is the perfect answer to fulfill your future plans, whilst  earning a better return for your Investments.


Benefits:

  • Freedom to select your fixed term from 1,3,6,12 months.
  • Enjoy Seylan Mega Reward benefits.
  • Competitive and attractive Interest rates.
  • Choose from 8 designated foreign currencies; USD, GBP, EUR, AUD, JPY, CHF, SGD, CAD
  • Place or monitor your deposits from any part of the world via Internet and Mobile Banking.
  • Maintain or remit funds on a selected currency or convert at a favorable exchange rate with us.
  • Automatic renewal for the same tenor at the prevailing interest rate.
  • Tax exemption for interest earned for deposits as per current regulations.

Eligibility:

  • Individuals and institutions earning in foreign currency
  • Foreign institutional investors, mutual funds

Minimum Deposit Values:

Currency Domestic Units
U.S. Dollar (USD) 500.00
Sterling Pounds (GBP) 500.00
Euro ( EUR) 500.00
Australian Dollar (AUD) 500.00
Japanese Yen (JPY) 50,000.00
Swiss Franc (CHF) 500.00
Singapore Dollar (SGD) 500.00
Canadian Dollar (CAD) 500.00

Documents Required:

  • National Identity Card/ Passport 

Note : Any other documents pertaining to the matter will be requested by the bank, to ensure a better customer service in the future.