This foreign currency deposit account is targeted at existing and potential domiciliary customers with balances of $5,000 and above.
This foreign currency deposit account is targeted at existing and potential domiciliary customers with balances of $5,000 and above. It offers attractive interest rates and highly reduced transfer charges.
They are two different accounts with different features and benefits.
The minimum opening/operating balance for this account in 3 major currencies are: $5,000.00; €5, 000.00; £3, 000.00
Applicable interest rates are based on deposit buckets as follows:
- $5,000 – $9,999 at 0.50% per annum
- $10,000 – $49,999 at 0.75% per annum
- $50,000 – $99,999 at 1.00% per annum
- $100,000 – Above at 2.00% per annum
Yes you can, as long as you are able to increase your existing balance to the minimum opening balance.
Your account number will be changed because the two products are different
Individuals and corporate organisations
Simply visit any FirstBank branch nearest to you.
Yes. Any cash withdrawal on the account is free of charge.
Withdrawals from any FirstBank branch are allowed.
Account holders with balances $30,000 and above pay ≤ 0.25% transfer charges.