Overview of an iFAST Global bank app user, showing his multi currency account with the balance. The total balance is £927,503.17.
multi currency card
2.80%AER
Emirati Dirham (AED)د.إ 285.50
2.65%AER
British Pound (GBP)£ 805,588.81
2.25%AER
US Dollar (USD)US$ 85,294.69

Saving Should Be Simple

Instant Access
Instant Access

Instant access to your money, with no minimum or maximum deposit amounts required.

Monthly Interest Payout
Monthly Interest Payout

Interest accrues daily and credited into your account on the 1st of each month.

Currency of your choice
Currency of your choice

We offer accounts in 9 major currencies. You choose the one of your choice.

Earn as you deposit into your Multi-Currency Current 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.

AED
2.80% AER
Instant Access
GBP
2.65% AER
Instant Access
USD
2.25% AER
Instant Access
HKD
1.80% AER
Instant Access
SGD
1.50% AER
Instant Access
EUR
1.25% AER
Instant Access
CNY
1.00% AER
Instant Access
JPY
0.75% AER
Instant Access
CHF
0.10% AER
Instant Access
Important Notice: Our interest rates may change. Kindly check the latest rates through your banking portal or mobile app after logging in.

Multi-Currency Current Account Summary Box

Expand All

Multi-Currency Current 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%
Swiss Franc (CHF)
0.10%0.10%
Emirati Dirham (AED)
2.76%2.80%
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 Current 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
Swiss Franc (CHF)
SFr.1,000.000.10%0.10%SFr.1,001.00
Emirati Dirham (AED)
د.إ1,000.002.76%2.80%د.إ1,028.00
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
    • Aged 18 years or over.
  2. How to open the account
    • Only sole name account allowed
    • You can apply for the Multi-Currency Current Account via the iFAST Global Bank website or mobile App
  3. Minimum/ Maximum Balance:
    • You can only open ONE Multi-Currency Current Account.
    • Minimum deposit is 1 unit of any of the following currencies: GBP, EUR, USD, HKD, SGD, CNY, JPY, CHF, AED.
    • No maximum deposit amount.
  4. How to manage the account:
    • Once opened, the Multi-Currency Current Account can be managed via our online banking portal or mobile App.
    • Statements for the Multi-Currency Current Account can be found via our online banking portal or mobile App.

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

  1. Multi-Currency Current 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 Current Account or the interest earned by you.
  3. iFAST Global Bank Multi-Currency Current 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, CHF, AED.
Image displaying the currencies available for iFAST Global Bank : GBP, EUR, USD, HKD, SGD and CNY.

Access Multi-Currencies With Ease

Support cross-border inward & outward transfers by SWIFT in nine currencies GBP, USD, EUR, SGD, HKD, CNY, JPY, CHF and AED - all in one account with iFAST. We make international money transfers simple.

Instant access,
No minimum,
No maximum
Balance Requirement

Experience True Freedom with Us!
FSCS Logo

All 9 currencies are protected by the Financial Services Compensation Scheme (FSCS)

Overview of an iFAST Global bank app user, showing the interest earned in Jul 2023 which is £226.50

Get instant access to your money.

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

FAQs

The currencies supported by your account are GBP, USD, EUR, HKD, SGD, CNY, JPY, CHF and AED.

Your account will remain active, even if there have been no transactions/transfers for several years.

You do not need to add all currencies to your account in order to receive multi-currency payments. A single account number can receive funds in all 9 currencies, and the funds will appear in your account in the same currency they were sent without any conversion.

You can add supported currencies to your iFAST Global Bank multi-currency account through both the Mobile App and the Online Portal:  

Via Mobile App:  

  1.  Log in to your iFAST Global Bank Mobile App. 
  2. On your account dashboard, tap the three dots (⋮) next to any existing currency.
  3. Select “Add Currency”.
  4. Choose the currency you wish to add from the available list.

Via Online Portal:

  1. Log in to your iFAST Global Bank Online Portal.
  2. Go to your account dashboard and select “Add Currency.”
  3. Choose the currency you wish to add from the available list.