Foreign Currency Deposits

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

Passbook Savings Account

• 10 foreign currencies
• Individual passbook for each currency in detailing transactions
• Deposit and withdraw at all local branches
• Initial deposit

Time Deposit Account

• 11 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

Multi-currency Statement Savings Account

• Up to 11 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.
• Interest is calculated by using the actual number of days for the interest period and based on the number of days for a year as follows:
  Hong Kong Dollar, Pound Sterling, Singapore Dollar, Thai Baht - 365 days and other currencies - 360 days (applicable to both common years and leap years).
  We offer deposit rates that vary among different currencies, deposit amounts and periods. The information shown is for indication only. Our staff will be pleased to provide the most suitable rates for your deposits.