Account Mobile View
CNY
1.00%AER
GBP
2.65%AER
USD
2.25%AER
JPY
0.75%AER
AED
2.80%AER
SGD
1.50%AER
CHF
0.10%AER
EUR
1.25%AER
HKD
1.80%AER

Grow your working capital with us

Earn up to 2.80% AER on our Multi-currency Account. Interest accrues daily and distributed into your account on the 1st of each month

Earn as you deposit into your
Multi-Currency Account

Start putting your money with iFAST today and enjoy up to 2.80% of AER interest.
We make it easy and rewarding to put your finances to work in one place.

GBP

Great British Pound

2.65% AER
Instant Access
AED

Arab Emirates Dirham

2.80% AER
Instant Access
CNY

Chinese Yuan

1.00% AER
Instant Access
SGD

Singapore Dollar

1.50% AER
Instant Access
JPY

Japanese Yen

0.75% AER
Instant Access
HKD

Hong Kong Dollar

1.80% AER
Instant Access
USD

US Dollar

2.25% AER
Instant Access
EUR

Euro

1.25% AER
Instant Access
CHF

Swiss Franc

0.10% AER
Instant Access
GBP

Great British Pound

2.65% AER
Instant Access
AED

Arab Emirates Dirham

2.80% AER
Instant Access
CNY

Chinese Yuan

1.00% AER
Instant Access
SGD

Singapore Dollar

1.50% AER
Instant Access
JPY

Japanese Yen

0.75% AER
Instant Access
HKD

Hong Kong Dollar

1.80% AER
Instant Access
USD

US Dollar

2.25% AER
Instant Access
EUR

Euro

1.25% AER
Instant Access
CHF

Swiss Franc

0.10% AER
Instant Access
GBP

Great British Pound

2.65% AER
Instant Access
AED

Arab Emirates Dirham

2.80% AER
Instant Access
CNY

Chinese Yuan

1.00% AER
Instant Access
SGD

Singapore Dollar

1.50% AER
Instant Access
JPY

Japanese Yen

0.75% AER
Instant Access
HKD

Hong Kong Dollar

1.80% AER
Instant Access
USD

US Dollar

2.25% AER
Instant Access
EUR

Euro

1.25% AER
Instant Access
CHF

Swiss Franc

0.10% AER
Instant Access

British Pound (GBP)

Euro (EUR)

US Dollar (USD)

Hong Kong Dollar (HKD)

Japanese Yen (JPY)

Singapore Dollar (SGD)

Chinese Yuan (CNY)

Emirati Dirham (AED)

Swiss Franc (CHF)

Important Notice: Our interest rates may change. Kindly check the latest rates through your banking portal or mobile app after logging in.

Be ready for the Global Opportunities

With one multi-currency account, you can hold funds in 9 currencies: GBP, EUR, USD, HKD, JPY, SGD, CNY, AED, and CHF. We facilitate international transfers, both inward and outward, via SWIFT.

Instant access,
No minimum,
No maximum
Balance Requirement

Experience True Freedom with Us!
FSCS Logo

All nine currencies are protected by the Financial Services Compensation Scheme (FSCS)

Multi-Currency Account
Summary Box

Expand All

Multi-Currency Account

CurrencyGross Annual Interest RateAER
British Pound (GBP)
2.62%2.65%
US Dollar (USD)
2.23%2.25%
Hong Kong Dollar (HKD)
1.79%1.80%
Singapore Dollar (SGD)
1.49%1.50%
Euro (EUR)
1.24%1.25%
Chinese Yuan (CNY)
1.00%1.00%
Japanese Yen (JPY)
0.75%0.75%
Emirati Dirham (AED)
2.76%2.80%
Swiss Franc (CHF)
0.10%0.10%
Refer to the following link for further details of current interest rate.
Important Notice:  Our interest rates may change. Kindly check the latest rates through your banking portal or mobile app after logging in.
Definitions
  1. AER stands for Annual Equivalent Rate. This shows you what the interest rate would be if interest was paid and compounded once each year.
  2. Gross is the rate of interest payable without taking account of any tax payable.
  3. Business Day refers to any days other than Saturday, Sunday, or Bank Holiday on which banks are open for business in London.
* Interest on your Multi Currency Account is calculated on the balance at the end of each day and added to your account on the following Business Day.

Yes, iFAST Global Bank can change the interest rate on this account in any currency. This is in line with our account’s Terms and Conditions.

CurrencyInitial deposit at account openingInterest RateProjected balance after 12 months
GrossAER
British Pound (GBP)
£1,000.002.62%2.65%£1,026.50
US Dollar (USD)
US$1,000.002.23%2.25%US$1,022.50
Hong Kong Dollar (HKD)
HK$1,000.001.79%1.80%HK$1,018.05
Singapore Dollar (SGD)
S$1,000.001.49%1.50%S$1,015.00
Euro (EUR)
€1,000.001.24%1.25%€1,012.50
Chinese Yuan (CNY)
CN¥1,000.001.00%1.00%CN¥1,010.00
Japanese Yen (JPY)
JP¥1,000.000.75%0.75%JP¥1,007.50
Emirati Dirham (AED)
د.إ1,000.002.76%2.80%د.إ1,028.00
Swiss Franc (CHF)
SFr.1,000.000.10%0.10%SFr.1,001.00
Important Notice:  Our interest rates may change. Kindly check the latest rates through your banking portal or mobile app after logging in.
  1. The balance of your account after 12 months will depend on one payment of 1000 being deposited on the first day of account opening.
  2. The above projections are provided for illustrative purposes and do not take into account your individual circumstances.
  3. The example assumes that:
    • No further deposits or withdrawals are made;
    • Any interest earned stays in the account;
    • And there is no change to interest rates.
  1. Eligibility:
    • Please complete our digital onboarding process or submit your application for an iFAST Global Bank account via email. Once you're a client, you can apply online through your website portal or the iFAST Global Bank Business Banking app. Note that only users with Admin roles or those granted management permissions can open and manage the account.
  2. How to open the account:
    • You can raise your request for new multi currency account using your website portal or iFAST Global Bank business banking app. Once we receive your instruction, we will proceed for the new multi-currency account opening.
    • You can apply this Multi-Currency Account via the iFAST Global Bank website or mobile APP.
  3. Minimum/ Maximum Balance: 
    • Minimum deposit is 1 dollar (for any of the following currencies value: GBP/ EUR/ USD/ HKD/ SGD/ CNY/ JPY/ AED/ CHF).
    • No maximum deposit amount.
  4. How to manage the account:
    • Once opened, Multi-Currency Account can be managed via our online customer banking portal or mobile app with 24/7 access.
    • Statements for multi-currency account can be found via our online customer banking portal or mobile app with 24/7 access.

Yes, you have instant access to your account. You can make as many withdrawals as you want.

  1. Multi-Currency Account interest is accrued daily and credited into your account on the 1st of each month.
  2. We do not deduct tax from any interest paid to you. You will be responsible for the payment of any taxes in connection with the Multi-Currency Account or the interest earned by you.
  3. iFAST Global Bank Multi-Currency Account supports cross-border inward & outward transfers by FPS and CHAPS for GBP, and SWIFT in nine currencies GBP, USD, EUR, SGD, HKD, CNY, JPY, AED and CHF.
Instant access to your money

Get Instant access to your money

Enjoy interest accruing daily and deposited into your account on the 1st of each month.

FAQs

Your account will remain active, even if there have been no transactions/transfers for several years.
The currencies supported by your account are GBP, USD, EUR, HKD, SGD, CNY, JPY, AED, and CHF.
We currently do not accept physical cash deposits into iFAST Global Bank accounts.  
iFAST Global Bank Business Banking mobile App
1. Login to mobile app, go to "Accounts"
2. At the top bar, select "Accounts".
3. Then, you may access to all the bank accounts details. For your convenience, click the "SHARE" button to download it and PDF document.

iFAST Global Bank Business Banking web portal
1. Login to web portal, go to "Account Details"
2. At the drop down bar, select the account that you would like to look into.
3. Then, the bank accounts details will be available to you. For your convenience, click the "SHARE" button to download it and PDF document.