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Anonymous

02 Jun 2020

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I just ORD-ed and I am really interested in opening up a foreign currency fixed deposit on POSB. Any tips or advice?

Would be great if anyone could share some info regarding this. Thank you.

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Tay_WenHao

02 Jun 2020

Maybe you can share more of why you want to get a fixed deposit for foreign currency?

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YT

02 Jun 2020

Do you have foreign currency that you wish to invest? If you are thinking of forex (trading), it is not through a foreign deposit fixed deposit account, and I would not recommend that to start off.

You can look at the various articles on how to invest (first $10,000 or $100 monthly).

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