Deposit Promotion and Rate Enquiry
1. New Fund Time Deposit offers
The definition of “Eligible New Fund Balance” will be updated starting from April 18, 2026, please refer to below for details.
Customers can enjoy preferential interest rates2 by successfully setting up a Time Deposit for a designated amount of new funds1 with a designated currency and deposit tenor (refer to the table below):
- Effective from April 18, 2026, the definition of “Eligible New Fund Balance” applicable to Time Deposits set up via Mobile Banking is as follows:
“New Funds” refers to the incremental balance when comparing the latest Total Deposit Balance with the day end Total Deposit Balance as of 3 calendar days ago (T-3 day), after deduction of the sum of principal amount (if applicable) which has been entitled to new fund offer of Time Deposit within the latest 3 calendar days (T day, T-1 day and T-2 day), where T day is today:
- Total Deposit Balance refers to the available balance of all deposit accounts, including Savings Accounts and/or Checking Accounts and Time Deposits of Hong Kong Dollar and foreign currencies (whether accounts in sole name or as primary holder of joint name accounts).
- The Bank reserves the right of final decision should there be any dispute in the definition of New Funds.
Notes: Eligible New Fund Balance affected by individual factors, mainly include 1) the check deposit cut off time on the check deposit day and 2) public holiday, long weekend and the day fall into typhoon. Please refer to below example or contact our bank staff for more details.Effective from April 18, 2026, the definition of “Eligible New Fund Balance” applicable to Time Deposits set up via branches, Online Banking or Smart Teller Machines is as follows:“Eligible New Fund Balance” refers to the incremental balance when comparing the latest Total Deposit Balance with the day end Total Deposit Balance as of 7 calendar days ago (T-7 day), after deduction of the sum of principal amount (if applicable) which has been entitled to new fund offer of Time Deposit within the latest 7 calendar days (including today: i.e. T day to T-6 day):- T day is today,
- Total Deposit Balance refers to the available balance of all deposit accounts, including Savings Accounts and/or Checking Accounts and Time Deposits of Hong Kong Dollar and foreign currencies (whether accounts in sole name or as primary holder of joint name accounts),
- Latest Total Deposit Balance is not real time, data is updated every 30 minutes,
- Eligible New Fund Balance affected by individual factors, mainly include 1) the check deposit cut off time on the check deposit day and 2) public holiday, long weekend and the day fall into typhoon. Please refer to the detail and examples on the time deposit product page on our website or contact our bank staff for more details,
- The Bank reserves the right of final decision should there be any dispute in the definition of New Funds.
- The above preferential interest rates are quoted as of which is for reference only and subject to change. The relevant interest rate will be subject to change based on current market condition. The Time deposit interest rates may vary on factors such as currency , tenor, deposit amount and customer segment. The final applicable interest rate will be determined by the bank when customers set up the time deposit.
| Latest Total Deposit Balance (A) | HK$300,000 |
| Day End Total Deposit Balance as of 7 calendar days ago (B) | HK$100,000 |
| Sum of principal amount which has been entitled to new fund offer of Time Deposit within the latest 7 calendar days (C) | HK$40,000 |
| Eligible New Fund Balance(A - B - C) | HK$160,000 |
The “Eligible New Fund Balance” for customer today (20 April) is calculated as follows:
【April 20】
HK$300,000
【April 13】
HK$100,000
(T day to T-6 day)
【April 14 - April 20】
HK$40,000
2. Online New Fund Time Deposit offers
Customers can enjoy preferential interest rates by successfully setting up a Time Deposit for a designated amount of new funds with a designated currency and deposit tenor via Mobile Banking, Online Banking and Smart Teller Machines.
Learn more
View Deposit Rates and Place a Time Deposit via e-Channels with just clicks away! (Demo)
After logging-in, tap “Time Deposit”
Then select “Learn More” under “Interest Rates”
Tap “Time Deposit” and select currency and principal amount, then you could view the Time Deposit preferential rates we are offering
After logging-in, in the section “Account”, select “Deposit rates” under “Rate Enquiry”
Select currency, then you could view the Time Deposit preferential rates we are offering
After logging-in, tap “Time Deposit”
Then select “Time Deposit Placement”
Specify deposit instructions, and tap “Confirm” after verifying the information
Select Time Deposit Product and tap “Set up Now”
After logging-in, select “Account” > “Time Deposit” > “Deposit Placement”
Specify deposit instructions, and tap “Confirm” after verifying the information
Select Time Deposit Product and tap for Placement
- Time Deposit set up service hours：- Mobile Banking and Online Banking: 6am to 11pm, Mondays to Fridays (excluding public holidays)
Customer must currently hold a Time Deposit Account with the Bank in order to place time deposits via Online Banking or Mobile Banking. For customers who do not hold a Time Deposit Account, please contact a Relationship Manager or visit the Bank’s branches for account opening.
After logging-in, tap “Time Deposit”
Then select “Learn More” under “Interest Rates”
Tap “Time Deposit” and select currency and principal amount, then you could view the Time Deposit preferential rates we are offering
After logging-in, in the section “Account”, select “Deposit rates” under “Rate Enquiry”
Select currency, then you could view the Time Deposit preferential rates we are offering
Note:
(1) The above deposit interest rates are for reference only.
(2) For savings account/time deposit, interest is calculated on the following year basis: Hong Kong Dollar, Pound Sterling and Singapore Dollar – 365 days (including leap year). For other currencies - 360 days.
Risk Disclosure
RMB Currency Risk
RMB is currently not freely convertible and is subject to exchange controls and restrictions (which are subject to changes from time to time without notice). You should consider and understand the possible impact on your liquidity of RMB funds in advance. The fluctuation in the exchange rate of RMB may result in losses in the event that you convert RMB into other currencies. Onshore RMB and offshore RMB are traded in different and separate markets operating under different regulations and independent liquidity pool with different exchange rates. Their exchange rate movements may deviate significantly from each other.
Currency Exchange
Currency exchange involves bid-ask spread.
Exchange Rate Risk
Currency exchange rates are affected by a wide range of factors, including national and international financial and economic conditions and political and natural events. The effect of normal market force may at times be countered by intervention by central banks and other bodies. At times, exchange rates, and price linked to such rates, may rise or fall rapidly. The fluctuations in the exchange rate of a foreign currency may result in losses in the event that you convert HKD to any foreign currency or vice versa.
