Foreign Currency Fixed Deposits

Dear Mr Tan,

I have just started a Foreign Currency FD blog: . This allows Singaporeans to access information about FCFD at a glance, rather than searching the websites of individual banks. Would you like to add a link from your blog?
 
Note:
The URL is also shown on the right panel of this blog.

Your may find it not worthwhile to invest in foreign currency fixed deposit for the short term. You  have to incur a spread of 1% (or more) to convert from SGD to foreign currency and to convert back to SGD, reducing the yield on the fixed deposit. If you invest for a longer term, it may be all right.