Current Rates

Fixed Deposit Rate - 3 Months
Loan Rate - Residential Housing
Loan Rate - Personal Loans
Pawning Rate

*Conditions Apply

*Please note, we don't share your email with anyone. You can stop notifications anytime

Interest rates for Foreign Currency Deposits
Savings
Currency Rate % p.a.
United States Dollars (USD) 2.00 %
Great Britain Pounds (GBP) 1.00 %
Euro (EUR) 0.40 %
Australian Dollars (AUD) 1.75 %
Canadian Dollars (CAD) 0.50 %
Swiss Francs (CHF) 0.00 %
Singapore Dollars (SGD) 0.25 %
Fixed Deposits
Period USD Interest % GBP Interest % EUR Interest % AUD Interest %
1 month 2.25 1.50 0.50 2.15
3 months 2.75 2.00 1.70 2.25
6 months 3.00 2.25 1.90 2.50
12 months 3.50 2.75 2.20 2.75
12 Months
(Interest paid Monthly) % p.a.
3.35 2.65 2.10 2.65

Please contact Branch Manager/ Overseas Customer Service Division for special rates For Foreign Currency deposits of USD 10,000 or above or its equivalent in other currencies.

Exchange Rate

The price of one country's currency expressed in another country's currency. In other words, the rate at which one currency can be exchanged for another. For example, the higher the exchange rate for one euro in terms of one yen, the lower the relative value of the yen.

 

Indicative Exchange Rates - as at: 2021-4-16, at 05:42:08 AM

Currency TC's Drafts Telegraphic Transfers Import Bills
Exchange Rates Buying Rate Selling Rate Buying Rate Selling Rate Buying Rate Selling Rate Selling Rate
                 
UAE Dirhams 49.88 56.5332 0 55.979 54.8705 55.979 57.3784
Australian Dollar 150.5443 161.7603 153.0933 160.7956 154.4837 160.7956 161.7603
Canadian Dollar 152.8943 165.9791 158.9876 165.5652 160.3506 165.5652 165.9791
Swiss Franc 208.2208 224.4218 215.7233 223.8622 217.463 223.8622 224.4218
Danish Kroner 30.2768 33.4715 0 33.388 32.1751 33.388 33.4715
Euro 234.6443 249.3317 238.5929 247.8446 239.3108 247.8446 249.3317
Great Britain Pound 269.1563 286.0419 274.9565 284.7605 276.1994 284.7605 286.0419
Hongkong Dollar 24.2787 26.6549 0 26.5885 25.8284 26.5885 26.6549
Japanese Yen 1.7867 1.9209 1.8298 1.9066 1.8439 1.9066 1.9209
Norweigian Kroner 22.4127 24.7792 23.8433 24.7174 23.8433 24.7174 24.7792
New Zealand Dollar 131.8074 149.3521 143.4248 148.534 143.4248 148.534 148.9054
Saudi Riyals 48.7424 55.3688 0 54.8259 53.7403 54.8259 56.1966
Swedish Kroner 21.4471 24.5497 23.6462 24.4885 23.6462 24.4885 24.5497
Singapore Dollar 146.4866 156.5261 150.7064 155.13 150.7064 155.13 156.5261
US Dollar 199.7318 208.6281 200.2344 207.0442 201.0385 207.0442 208.597
Spot Exchange Rate

The rate of a foreign-exchange contract for immediate delivery. Also known as "benchmark rates", "straightforward rates" or "outright rates", spot rates represent the price that a buyer expects to pay for a foreign currency in another currency.

Though the spot exchange rate is said to be settled immediately, the globally accepted settlement cycle for foreign-exchange contracts is two days. Foreign-exchange contracts are therefore settled on the second day after the day the deal is made.

Swap

Traditionally, the exchange of one security for another to change the maturity (bonds), quality of issues (stocks or bonds), or because investment objectives have changed. Recently, swaps have grown to include currency swaps and interest rate swaps.

Forward Price

The predetermined delivery price for an underlying commodity, currency or financial asset decided upon by the long (the buyer) and the short (the seller) to be paid at predetermined date in the future.

top