Foreign Currency Deposits
Why Save with EastWest
Available in Multiple Currencies
Save in US Dollar, Chinese Yuan, Euro, Japanese Yen, Singapore Dollar, British Pound, Australian Dollar, HongKong Dollar, and New Zealand Dollar.
Competitive Interest Rates
Start with a low initial deposit and build up to enjoy competitive rates.
Foreign Exchange Rates
Take advantage of our attractive foreign exchange rates
Interest Rates
Foreign Currency Savings
| Deposit Product | Initial Deposit | Minimum Maintaining Balance | Balance to Earn Interest | Interest Rate per Annum |
|---|---|---|---|---|
| USD Dollar Savings | USD 200 | USD 200 | USD 500 | 0.125% |
| Chinese Yuan Savings | CNY 500 | CNY 500 | CNY 500 | 1.000% |
| Euro Savings** | EUR 250 | EUR 250 | EUR 250 | 0.000% |
| Japanese Yen Savings** | JPY 25,000 | JPY 25,000 | JPY 25,000 | 0.005% |
| Singaporean Dollar Savings** | SGD 100 | SGD 100 | SGD 100 | 0.100% |
| British Pound Savings Account | GBP 100 | GBP 100 | GBP 100 | 0.25% |
| Australian Dollar Savings Account | AUD 250 | AUD 250 | AUD 250 | 1.00% |
| Hongkong Dollar Savings Account | HKD 250 | HKD 250 | HKD 250 | 0.150% |
| New Zealand Dollar Savings Account | NZD 250 | NZD 250 | NZD 250 | 0.500% |
| US Dollar SuperSaver | USD 5,000 | USD 5,000 | USD 5,000 | USD 5,000 to less than USD 10,000 – 0.125% | USD 10,000 to less than USD 100,000 – 0.200% | USD 100,000 and up – 0.250% | Bonus Interest Rate: 2.500% if no withdrawals during the month |
Foreign Currency Time Deposit
USD Time Deposit
| Amount Range | 30 Days | 60 Days | 90 Days | 180 Days | 270 Days | 360 Days |
|---|---|---|---|---|---|---|
| USD 1,000 to < 2,000 | 0.135% | 0.135% | 0.135% | 0.135% | 0.160% | 0.170% |
| USD 2,000 to < 5,000 | 2.750% | 2.900% | 3.100% | 3.150% | 3.150% | 3.150% |
| USD 2,000 to < 5,000 | 2.750% | 2.900% | 3.100% | 3.150% | 3.150% | 3.150% |
| USD 10,000 < 20,000 | 2.750% | 2.900% | 3.100% | 3.150% | 3.150% | 3.150% |
| USD 20,000 < 50,000 | 2.750% | 2.900% | 3.100% | 3.150% | 3.150% | 3.150% |
| USD 50,000 < 100,000 | 2.750% | 2.900% | 3.100% | 3.150% | 3.150% | 3.150% |
| USD 100,000 < 200,000 | 2.750% | 2.900% | 3.100% | 3.150% | 3.150% | 3.150% |
Gross Interest Rates for USD and 3rd currency deposits are subject to the following withholding tax p.a.:
> 15% for Domestic Corporation/Individual Citizen or Resident Alien
> 7.5% for Resident Foreign Corporation
Long Term USD Time Deposit
| Term of Fixed Quarterly Payout | 2 Years | 3 Years | 4 Years | 5 Years + 1 Day |
|---|---|---|---|---|
| PhP 10,000 and above | 3.300% | 3.300% | 3.300% | 3.300% |
USD Gross Interest Rates are subject to 15% p.a. withholding tax
*Also available for terms of 360 days, up to 5 years
RMB Time Deposit
| Term of Fixed Quarterly Payout | 30 Days | 60 Days | 90 Days | 180 Days |
|---|---|---|---|---|
| RMB 5,000 and above | 1.000% | 1.000% | 1.250% | 1.250% |
RMB Gross Interest Rates are subject to 15% p.a. withholding tax
EURO Time Deposit
| Term of Fixed Quarterly Payout | 30 Days | 60 Days | 90 Days | 180 Days |
|---|---|---|---|---|
| EUR 500 and above | 0.105% | 0.105% | 0.120% | 0.150% |
EUR Gross Interest Rates are subject to 15% p.a. withholding tax
JPY Time Deposit
| Term of Fixed Quarterly Payout | 30 Days | 60 Days | 90 Days | 180 Days |
|---|---|---|---|---|
| JPY 50,000 and above | 0.000% | 0.000% | 0.000% | 0.000% |
JPY Gross Interest Rates are subject to 15% p.a. withholding tax
SGD Time Deposit
| Term of Fixed Quarterly Payout | 30 Days | 60 Days | 90 Days | 180 Days |
|---|---|---|---|---|
| SGD 1,000 and above | 0.200% | 0.200% | 0.200% | 0.200% |
SGD Gross Interest Rates are subject to 15% p.a. withholding tax
AUD Time Deposit
| Term of Fixed Quarterly Payout | 30 Days | 60 Days | 90 Days | 180 Days | 360 Days |
|---|---|---|---|---|---|
| AUD 1,000 < 20,000 | 0.500% | 0.500% | 0.75% | 1.000% | 1.000% |
| AUD 20,000 < 50,000 | 0.500% | 0.500% | 0.75% | 1.000% | 1.000% |
| AUD 50,000 < 100,000 | 0.500% | 0.500% | 0.75% | 1.000% | 1.000% |
| AUD 100,000 and above | 0.500% | 0.500% | 0.75% | 1.000% | 1.000% |
AUD Gross Interest Rates are subject to 15% p.a. withholding tax
Want to know more about our Time Deposit? Contact us now.
Visit any EastWest Store.
Call 24-Hour Customer Service at (+632) 8888-1700
Email us at service@eastwestbanker.com.
Exclusive Saving Solutions await you
Foreign Currency Savings
Get an interest-earning checking account that makes it easy to disburse funds for everyday transactions and lets you enjoy the following:
Foreign Currency Time Deposits
Easily monitor your banking transactions through an interest-earning deposit account that comes with a passbook and an option to avail of an EastWest ...
At least one (1) un-expired Identification Document (ID) with photo and signature
- List of Accepted IDs
- Philippine Identification – PhilID
- Passport
- Driver’s License
- Professional Regulations Commission (PRC) ID
- National Bureau of Investigation (NBI) Clearance (Digitized)
- Postal ID (Digitized)
- Tax Identification Number (TIN) (Digitized)
- Government Service Insurance System (GSIS) e-Card
- Social Security System (SSS) Card
- Senior Citizen Card
- Overseas Workers Welfare Administration (OWWA) ID
- OFW ID
- Seaman’s Book
- Professional ID cards issued by the Maritime Industry Authority (MARINA)
- Government Office and GOCC ID e.g. Armed Forces of the Philippines (AF ID), Home Development Mutual Fund (HDMF ID)
- Certificate from the National Council for the Welfare of Disabled Persons (NCWDP)
- ID issued by the National Council on Disability Affairs (NCDA)
- Unified Multi-Purpose ID (UMID)
- Department of Social Welfare and Development (DSWD) Certification
- Integrated Bar of the Philippines
- Company IDs issued by private entities for institutions registered with or supervised or regulated either by the BSP, SEC or IC
- Other identification document that can be verified using reliable, independent source documents, data, or information
2. Proof of billing (under your name & home address)
3. Presentation of additional documents for:
Minors
- Original and clear copy of NSO Birth Certificate
- For Guardian or Administrator: original and clear copy of the Court Order appointing them
Tax-Exempt Individuals
- Notarized Tax Exemption Affidavit executed by the applicant/depositor
- Certification of Tax Exemption issued by Revenue District Office (RDO)
Non-Resident individual and OFW
- Passport
- Alien Certificate of Registration (ACR), Immigrant Certificate of Registration (ICR) for non-citizen of the Philippines
- Contract of Employment for Philippine citizens
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