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Get Foreign Currency Fixed Deposit (fcfd) Withdrawal Form - Dbs Bank
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How to fill out the Foreign Currency Fixed Deposit (fcfd) Withdrawal Form - DBS Bank online
Filling out the Foreign Currency Fixed Deposit (fcfd) Withdrawal Form for DBS Bank online is a straightforward process that allows users to request withdrawals efficiently. This guide provides clear instructions to ensure you navigate each section of the form with ease.
Follow the steps to complete your withdrawal request accurately.
- Press the ‘Get Form’ button to access the Foreign Currency Fixed Deposit (fcfd) Withdrawal Form and open it in your preferred editor.
- Begin filling out Section 1 titled 'FCFD Withdrawal Request.' You need to indicate your choice by ticking the appropriate box for either full withdrawal, premature withdrawal, or partial withdrawal. If opting for partial withdrawal, specify the currency and amount, and decide on the tenor for the remaining balance.
- Proceed to Section 2 and fill in the FCFD Account Details. Provide the account number, deposit number, account name(s), and the NRIC or passport number(s). Ensure the information is accurate to facilitate the withdrawal process.
- In Section 3 titled 'Payment Mode For Amount To Be Withdrawn,' select how you wish to receive the withdrawn amount. Options include crediting to your own account, a third party's account, cash collection, demand draft issuance, or telegraphic transfer. Fill in the required account numbers and additional details as needed.
- If you have opted for a demands draft or telegraphic transfer, complete the respective details requested in the form, including beneficiary information and payment messages, if applicable.
- In Section 4, read the agreement carefully. By signing, you confirm your understanding of the terms regarding the withdrawal of your fixed deposit. Ensure to provide authorized signatures or thumbprints, and include the date of submission.
- Review the completed form for any errors. Once verified, you can save changes, download, print, or share the form as needed.
Complete your Foreign Currency Fixed Deposit (fcfd) Withdrawal Form online for a seamless experience.
A foreign currency fixed deposit is a type of time deposit issued by banks to investors who would like to keep foreign currency for future use or hedge against foreign currency fluctuation. The money deposited in the FCFD account cannot be withdrawn until the agreed fixed term has expired.
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