Time Deposit

Maximize your interest
earnings with time

Our Time Deposit offer various currencies and flexible deposit periods for you to choose. Act now.

Our Time Deposit Services Include

  • Time Deposit can be setup and managed through variety of channels including Online Banking, Mobile Banking, Smart Teller Machine in branches etc.
  • Time Deposit Maturity eAlerts (SMS/email) to remind you when your time deposit is approaching its maturity date (for Online Banking customers only, please click here for the registration, then you can setup the service under "Manage eAlerts" section)
  • Flexible deposit periods from 1 week to 1 year to suit your need
  • Comprehensive options for renewal:
    • Renew Principal and Interest
    • Renew Principal only
    • Renew with an additional amount
    • Renew with a reduced amount
  • The choice to withdraw or refund the principal in different accounts during your account’s renewal period or initial deposit placement

Hong Kong Dollar Time Deposit Account

  • Preferential interest rate to Premier Select / Premier Banking customers
  • Minimum opening deposit: HK$10,000

Renminbi Time Deposit Account

  • Preferential interest rate to Premier Select / Premier Banking customers
  • Minimum opening deposit of RMB10,000

Foreign Currency Time Deposit Account

  • Choice of currencies including USD, GBP, CAD, AUD, NZD, JPY, CHF, EUR and SGD.
  • Minimum opening deposit of HK$30,000 equivalent

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.

Exchange Rate Risk
Currency exchange rates are affected by a wide range of factors, including but not limited to national and international financial and economic conditions and political and natural events. The effect of normal market forces may at times be countered by intervention by central banks and other bodies. At times, exchange rates, and prices linked to such rates, may rise or fall rapidly.