ICBC Fixed Deposit

[harky]

Anyone open this?

http://singapore.icbc.com.cn/ICBC/海...PromotionInfo/latestfixeddepositpromotion.htm

1 year (via e-Banking) min $500 1.80%

 

[JuniorLion]

Is this supposed to be attractive?

 

[harky]

hsahah min $500 ma, below 10K

nt everyone got so much $$

 

[asiafrenz]

so what do you want to know?

 

[limster]

Is this supposed to be attractive?

Does e-banking mean you must open a/c with ICBC? this kind of offer 1.8% for 1 year doesn't make me want to rush to the nearest ICBC branch...

 

[testingabc]

i don't think its very good or very bad, but depends on whether how much you have and how long you want to put it. i like the cimb currently 3 months promotion for 1.7%, but then you have to have a minimum of 10K

 

[foxer77]

For FD, i been banking in these 2 china banks (BOC & ICBC) as there rate are quite good comparing to local banks.

And the waiting number of customers are usually lesser.

 

[kuku beans]

hi does anyone have icbc multi currency savings account?

if I want to deposit china rmb into my rmb account, can I bring RMB cash? or they only accept SGD n will convert into yuan in my account? to the bank teller counter.

thanks

 

[foxer77]

hi does anyone have icbc multi currency savings account?

if I want to deposit china rmb into my rmb account, can I bring RMB cash? or they only accept SGD n will convert into yuan in my account? to the bank teller counter.

thanks

both are possible but bank in sgd conversion rate might not to attractive if it large amount.
U might want to consider money changer then bank in RMB.

 

[jywy2005]

Compared to BOC, ICBC bank conversion rate SGD to CNY is better. Open a dual currency account and deposit some Sg. Their rates are even comparable to money changer.

 

[Hafi]

hi does anyone have icbc multi currency savings account?

if I want to deposit china rmb into my rmb account, can I bring RMB cash? or they only accept SGD n will convert into yuan in my account? to the bank teller counter.

thanks

yes I think can, I saw b4 people bring stacks of RMB to the counter to deposit.