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INTERNATIONAL BANKING - Foreign Exchange

Foreign Currency Accounts
Commercial and individual clients can take advantage of our foreign currency accounts to maintain balances in foreign currencies. See below for more information on our foreign currency demand account (FCDDA) and foreign currency certificate of deposit (FXCD).
East West Bank offers two types of foreign currency accounts, which enable customers to maintain balances in foreign currencies:
Foreign Currency Demand Account (FCDDA)
For customers who manage payments and receivables in multiple currencies, we offer a foreign currency demand deposit account (FCDDA). An FCDDA is an on-demand, non-interest-bearing foreign currency balance that enables our customers to avoid unnecessary exchange rate conversions and their associated costs.
We currently offer FCDDA in the following currencies: Australian dollar, New Zealand dollar, British pound, Canadian dollar, Euro, Hong Kong dollar, Swiss franc, Japanese yen, Swedish krona, Mexican peso and Chinese yuan.
Foreign Currency Certificate of Deposit (FXCD)
Foreign currencies can be positive additions to our customers’ investment portfolios. By purchasing a foreign currency certificate of deposit (FXCD), our customers earn interest in the currency of their choice and also potentially benefit from appreciation against the U.S. dollar. We offer a variety of FXCD terms, ranging from one month to twelve months.
We currently offer FXCD in the following currencies: Australian dollar, New Zealand dollar, British pound, Canadian dollar, Euro, Hong Kong dollar, Swiss franc, and Japanese yen.

If you have any questions, please call our Foreign Exchange Desk at (888) 819-8883.

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