Daiwa Next Bank Expands Foreign Currency Time Deposit Options

Daiwa Next Bank is excited to announce that effective November 4, 2025, clients will have the ability to choose a maturity date option for foreign currency time deposits in currencies other than the US dollar. This new feature comes in response to the growing interest in diversified savings options, allowing customers to set a maturity date within a range of 1 month to less than 1 year for their deposits.

Customers looking to utilize this new maturity date specification will need to visit any branch or office of Daiwa Securities to make their application.

Details of the New Feature

The newly added feature enables clients to specify a desired maturity date, granting flexibility to their investment strategy. Whether saving in euros, British pounds, or another currency, this allows for a more tailored approach to managing foreign currency assets.

Aside from the US dollar, currencies included in this offering are yet to be confirmed, but the addition signals Daiwa Next Bank's commitment to broadening its financial services. It is important to note that deposits from Japanese yen accounts will not be allowed for certain currencies such as the Singapore dollar (SGD) and Chinese yuan (CNY) via the trading site.

Application Process and Requirements

For clients interested in making deposits under this new specification method, applications can only be submitted at Daiwa Securities’ main offices and branches. It is essential for clients to be aware that the incorporation of this feature is subject to change, potentially due to unforeseen circumstances. Any updates regarding changes will be posted on the Daiwa Next Bank website.

About Daiwa Next Bank

Founded in 2011, Daiwa Next Bank operates under the guiding principle of transitioning from savings to asset formation. As a 100% subsidiary of the Daiwa Securities Group, it aims to meet the asset formation needs of its customers while maintaining a robust business operation and reliable management base. The bank emphasizes its commitment to fulfilling its public mission and establishing unwavering trust from society.

By introducing new options for time deposits, Daiwa Next Bank is demonstrating its dedication to providing innovative financial solutions that cater to the evolving needs of its clients. As global financial markets continue to change, the bank remains focused on offering a trustworthy avenue for clients to grow and manage their assets effectively.

In conclusion, clients looking to engage with Daiwa Next Bank's foreign currency time deposits should prepare for the heightened flexibility in managing their investments starting in November 2025. This change reflects both the bank's responsive approach to market demands and its commitment to enhancing client financial experiences.