Affin Bank launches new fixed deposit product

Product enables customers with account in local currency to be converted to any foreign currency.

Affin Bank Bhd has launched a new fixed deposit, Affin Fixed Deposit PLUS2, for customers seeking higher returns and the convenience of converting into foreign currencies.

In a statement in Kuala Lumpur Monday, Affin Bank said the product would allow customers with local currency fixed deposit accounts to gain higher interest by converting them into any foreign currency at prevailing published rates.

"The customers' local currency FDs must be converted into any of the bank's chosen currencies -- US dollar, pound sterling, euro, New Zealand dollar, Australia dollar and Singapore dollar.

"Through the conversion into foreign currencies, the customers can gain an extra spread of up to 1.01 per cent on top of their currency local currency FD interest," it said.

View the full story in Bernama.

Follow the link for more news on

Affin Bank

Also Read

Bank of America appoints Phil Carmalt as head of APAC GPS

HSBC’s Yvonne Yiu says the future of payments is instant

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit