Save in up to 10 currencies and earn more interest than in a savings account. You can open an account with as little as the equivalent of USD2,000.
Get up to 13% p.a. time deposit rate
Enjoy a bonus deposit rate of +0.5% p.a. on top of prevailing preferential rates when you exchange currencies and place them in a 1-week time deposit using the HSBC HK App. T&Cs apply. Currency conversion involves risk.
How to apply
HSBC Online banking customer
To find out the latest HSBC deposits rate on HKD, USD, RMB and other currencies for HSBC saving accounts and time deposit, please click here.
Transfer funds to any account in Hong Kong and around the world easily, securely and quickly.
Manage your savings across different currencies flexibly and earn interest on your account balance.
Convenient renminbi services make it easy to maintain ties to China while earning higher interest for depositing your savings for a fixed.
Currency conversion risk - the value of your foreign currency and renminbi deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your renminbi deposit to other currencies at an exchange rate that is less favorable than the exchange rate in which you made your original conversion to renminbi, you may suffer loss in principal.
Renminbi is currently not freely convertible and subject to regulatory restrictions (which might be changed from time to time). For personal customers who are Hong Kong residents, conversions conducted through renminbi deposit accounts with banks in Hong Kong are subject to the limit of up to RMB20,000 per person per day. Personal customers who are Hong Kong residents should allow time for conversion of renminbi from/to another currency of an amount exceeding the daily limit. Non-Hong Kong residents are not required to observe the corresponding limits and requirements regarding renminbi conversions for Hong Kong residents.