Foreign Currency Services
Foreign Currency Term Deposits
Manage your foreign currency risk
Foreign Currency Term Deposits are an effective solution if you’re
doing business abroad. While waiting to pay your suppliers, you
can earn interest on your foreign funds at a guaranteed rate.
By locking your funds in for a specific term, you protect yourself from
foreign exchange conversion when you need the funds again.
In addition to giving you a competitive edge, Foreign
Currency Term Deposits can help you manage your cash
flow. You’ll be able to:
- Accurately quote on products or services in the currency of your
foreign purchaser
- Manage deposits from clients outside Canada
- Avoid having to convert dollars on a regular basis
Earn a competitive guaranteed rate of interest on foreign funds
Foreign Currency Term Deposits at TD Canada Trust can also help
you meet your personal savings goals. They are secure investments
that offer you the ability to earn interest at a guaranteed rate on
your foreign funds. Perhaps you’re saving to fund tuition if you have
children studying abroad, or saving for a major purchase overseas.
Foreign Currency Term Deposits can help protect your money against
exchange rate fluctuations, and remove the worry about converting
dollars on a regular basis.
Now available in 7 currencies at TD Canada Trust
- U.S. Dollars
- Euro
- Pound Sterling
- Australian Dollar
- Swiss Franc
- New Zealand Dollar
- Hong Kong Dollar
Features:
- Terms available from 1 to 369 days
- Competitive interest rates guaranteed for the duration of the term
- Cashable prior to maturity
Purchase Foreign Currency Term Deposits today
You may purchase Foreign Currency Term Deposits by visiting your local
TD Canada Trust branch. For more information,
call 1-866-411-4440.
Details of our Foreign Currency Term Deposits
| Currency3
| Minimum Investment
| Settlement
| Liquidity
|
| U.S Dollars
| $5,000 for 30 to 369 days
$100,000 for 1 to 369 days |
Same-day settlement |
Cashable in full prior to maturity with NO interest paid |
| Euro
| 10,000 GBP 30 to 369 days |
2-day settlement (for purchase & sale) |
Cashable in full prior to maturity with NO interest paid |
| Pound Sterling
| 25,000 EUR 30 to 369 days |
2-day settlement (for purchase & sale) |
Cashable in full prior to maturity with NO interest paid |
| Australian Dollar
| 25,000 AUD 30 to 369 days |
2-day settlement (for purchase & sale) |
Cashable in full prior to maturity with NO interest paid |
| Swiss Franc
| 25,000 CHF 30 to 369 days |
2-day settlement (for purchase & sale) |
Cashable in full prior to maturity with NO interest paid |
| New Zealand Dollar
| 25,000 NZD 30 to 369 days |
2-day settlement (for purchase & sale) |
Cashable in full prior to maturity with NO interest paid |
| Hong Kong Dollar
| 25,000 HKD 30 to 369 days |
2-day settlement (for purchase & sale) |
Cashable in full prior to maturity with NO interest paid |
|
