KoreaExchangeBank
Personal Business FX&Trade Credit Card
Help Contact Us About KEB KEB IR Korean Chinese Japanese Vietnam
Current Accounts
Fixed Deposit Accounts
Time Deposit Accounts
Foreign Currency Time Deposit
Foreign Exchange Risk Hedged foreign Currency Time Deposit
Specialized Services
Features
We offer great rates for time deposits which can be set for the time period that suits you.
By choosing the term, this means that you do not need to worry about exchange rate fluctuations.
This product is particularly useful to people who want to save money regularly.
Eligibility
No limitation
Currencies
13 Currencies* whose interest rates are officially quoted.
( * including USD, JPY, GBP, CHF, EUR, CAD, AUD, NZD, HKD, SEK, DKK, NOK, and SGD)
Foreign currencies whose interest rates are not officially quoted can be deposited under an agreement with the Bank.
Period
Less than one year, (on either a monthly or daily basis)
Amount
No limitation (Korean residents can deposit foreign currency purchased with KRW without restriction on the amount)
Pre-maturity Closing
Pre-maturity closing is possible and the interest rates vary depending upon the term you choose.
Less than 7 days: None
7 days ~ less than 1 month: 1/10 of the agreed interest rate
Over 1 month ~ less than 3 months: 3/10 of the agreed interest rate
Over 3 months ~ less than 6 months: 4/10 of the agreed interest rate
More than 6 months: 6/10 of the agreed interest rate.
Interest Rate After Maturity
3/10 of the agreed interest rate depending on the number of days elapsed after maturity shall apply.
※ This product is not protected by the Depositor Protection Act.
When foreign currency deposits are registered as withdrawal accounts, internet banking users can open this account online straight away.
KoreaExchangeBank BRANCHES PRIVACYPOLICY TERMS OF USE SITEMAP CONTACTUS