AmBank Foreign Currency Fixed Deposit Campaign

AmBank's Top Rate Deposit campaign is back, this time with Foreign Currency FD! The campaign starts today and ends on 30th August 2013. The campaign is open to all new and existing AmBank individual customers and non-individual customers who open and/or maintain a Foreign Currency Account during the campaign period.

The FD placement must be made in Ringgit Malaysia which upon placement shall be converted to respective Participating Foreign Currency according to AmBank's prevailing foreign exchange rate on the day of placement into the Participating Foreign Currency placement. Minimum placement amount shall be:

1. AUD / USD / NZD equivalent of RM 20000 for individual customers
2. AUD / USD / NZD equivalent of RM 50000 for non-individual customers

This is the preferential rate that eligible customers are entitled for tenure of 1-month and 3-month Foreign Currency FD account:

Currency	Tenure	Placement	Preferential Rate (p.a.)
		RM equivalent
AUD (Australian Dollar)	1 month	< 100 000	5.15%
		≥ 100 000	5.30%
	3 months	< 100 000	3.25%
		≥ 100 000	3.40%
USD (US Dollar)	1 month	< 100 000	2.85%
		≥ 100 000	3.00%
	3 months	< 100 000	1.15%
		≥ 100 000	1.30%
NZD (New Zealand Dollar)	1 month	< 100 000	5.75%
		≥ 100 000	5.90%
	3 months	< 100 000	3.55%
		≥ 100 000	3.70%

The preferential rate is applicable for placement of one cycle of deposits only. Please take note that the Foreign Currency Account is not a principal protected product as there is fluctuation of the foreign currency exchange rate against Ringgit Malaysia. Therefore the exchange rate at the time of application may not be the same during the upliftment of foreign current to a Ringgit Malaysia account.