Why choose a Foreign Currency Term Deposit account?
A Foreign Currency Term Deposit account offers you the certainty of a fixed rate that can be fixed from 30 days to 12 months.
There is no maximum Term Deposit amount, however minimum amounts apply. If no re-investment instructions have been received HSBC will auto roll the Term Deposit for the same period, at the prevailing rate for that day.
Please refer to our Transaction and Savings Accounts Terms (PDF, 1.10 MB) guide for full details.
-
Have the certainty of a fixed interest rate
-
An HSBC Foreign Currency Term Deposit is available in major foreign currencies including US and Hong Kong dollars, British pounds and Chinese Yuan
-
Choose from a range of terms from 1, 2, 3, 6 or 12 months
Rates & Fees:
- $0 establishment and ongoing fees
- $30 AUD early withdrawal administration fee
- Interest reduction for early termination2
Ways to open:
Online, Branch
Early withdrawal
This product has a fixed term. If you wish to withdraw the funds from the Term Deposit account prior to maturity, you will need to provide 31 days' notice (except in certain cases of hardship). An early withdrawal administration fee and interest reduction will apply. See our Transaction and Savings Accounts Terms (PDF 1.10MB)
Minimum Deposit Amount
Currency
Opening Deposit
Hong Kong Dollars (HKD)
40,000
United States Dollars (USD)
5,000
Great Britain Pound Sterling (GBP)
3,000
Euro (EUR)
6,000
Canadian Dollars (CAD)
6,000
Japanese Yen (JPY)
500,000
Singapore Dollars (SGD)
6,000
New Zealand Dollars (NZD)
Chinese Yuan Renminbi (CNY) (currency restrictions apply)
50,000
Currency
Hong Kong Dollars (HKD)
Opening Deposit
40,000
Currency
United States Dollars (USD)
Opening Deposit
5,000
Currency
Great Britain Pound Sterling (GBP)
Opening Deposit
3,000
Currency
Euro (EUR)
Opening Deposit
6,000
Currency
Canadian Dollars (CAD)
Opening Deposit
6,000
Currency
Japanese Yen (JPY)
Opening Deposit
500,000
Currency
Singapore Dollars (SGD)
Opening Deposit
6,000
Currency
New Zealand Dollars (NZD)
Opening Deposit
Currency
Chinese Yuan Renminbi (CNY) (currency restrictions apply)
Opening Deposit
50,000
Interest Rates1
Apply for a Foreign Currency Term Deposit Account
New to HSBC?
Make an online enquiry
Already an HSBC customer?
Existing HSBC Australia customers with Online Banking.
Foreign Currency Term Deposit maturity payment instructions
When your Foreign Currency Term Deposit matures you have 2 options:
- Automatically roll over for the same period of time in the same currency; or
- Provide withdrawal instructions. You can choose to withdraw the full amount or just the interest from your previous Term Deposit. To avoid conversion fees, make sure you withdraw the amount into an account of the same currency.
You might be interested in

HSBC Foreign Currency Bonus Savings Account
Save in foreign currencies with flexible access to your savings account when you need it.

Everyday Global Account
A great way to take advantage of the opportunities that holding foreign currency can bring.

Compare Accounts
Compare our Foreign Currency accounts to find the right fit for you.