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Home > Personal Banking > Account Services and Rates > Deposit & Account Services > Foreign Currency Deposits

Foreign Currency Deposits

1. USD Current Account
2. Passbook Savings Account
3. Time Deposit
4. Multi-Currencies Statement Savings
5. Asian Currency Unit Deposits Services

1. USD Current Account
  * Deposit and encash cheques at all local branches
  * Clearing cheque deposits presented to Clearing House on the same working day
  * Detailed monthly account statements
  * Personalised cheque books

2. Passbook Savings Account
  * 10 foreign currencies
  * Individual passbook for each currency in detailing transactions
  * Deposit and withdraw at all local branches
  * Initial deposit

3. Time Deposit
  * 10 foreign currencies
  * Flexible deposit period from 24 hours call up to 1 year
  * Minimum deposit
  * Foreign exchange forward contract service provided to protect you from the fluctuations in foreign exchange rates at due date

4. Multi-Currencies Statement Savings
  * Up to 10 currencies
  * Deposit and withdraw at all local branches upon presentation of a signature bearing Account Number Card
  * No passbook required
  * Comprehensive statement detailing transactions in each currency
  * Minimum initial deposit

Remarks:
Should your foreign currency balance fall below the minimum initial deposit, no interest can be accrued until the minimum balance is reached again.

5. Asian Currency Unit Deposits Services
  * Asian Currency Unit ("ACU") deposits is a kind of "offshore deposits" products
  * ACU deposits are placed with The Bank of East Asia, Singapore Branch ("BEASING")
  * Customers can arrange for BEASING to place/renew/uplift deposits through BEASING's Hong Kong liaison office
  * Various currencies except for Singapore dollars can be accepted for deposits
  * Information relating to BEASING and ACU deposits

phoneEnquiry Hotline : (852) 2211 1333