A fixed investment instrument that requires a certain amount of foreign currency to be placed into a bank account for a specified time period at an agreed upon interest rate. The difference between this type of deposit and a regular fixed deposit is the value of foreign currency and the availability of interest rates. The currencies have to be exchanged to make the deposit and then again when funds are eventually withdrawn. Risk is introduced because each currency's relative value changes over time.

Related information about foreign currency fixed deposit (FCFD):

1. Foreign Currency Fixed Deposit (FCFD) Definition | Investopedia
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5. Foreign Currency Fixed Deposit - FCFD: Definition from Answers.com
   Foreign Currency Fixed Deposit - FCFD A fixed investment instrument in which a specific sum of money with an agreed upon time and interest rate is deposited.
    
6. Foreign Currency Fixed Deposit Placement FAQ - Posb
   Can I make a Foreign Currency Fixed Deposit (FCFD) Placement if I do not have a FCFD account? You will need to be an existing FCFD account holder before ...
    
7. Foreign Currency Fixed Deposit - AmBank Group
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8. UOB : Gain access to Renminbi^ with UOB
   The minimum deposit amount for each UOB Foreign Currency Fixed Deposit " FCFD" Account denominated in CNH and UOB Global Currency Premium Account ...