Foreign Currency Term Deposit Accounts

HSBC AU
Accounts
Foreign Currency Term Deposit

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 fees and charges (PDF, 184 KB) 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

If you withdraw any funds at any time before the maturity date, a reduction to the interest and an administration fee of AUD$30 will apply.

Rates & Fees:

No establishment or ongoing fees
$30 early withdrawal fee

Ways to open:

Online, Branch

Minimum Deposit Amount

Minimum deposit amounts for the Foreign Currency Term Deposit account
Currency	Opening Deposit
Hong Kong Dollars (HKD$)	40,000
United States Dollars (USD$)	5,000
Great Britain Pound Sterling (GBP£)	3,000
Euro (EURO€)	6,000
Canadian Dollars (CAD$)	6,000
Japanese Yen (JPY¥)	500,000
Singapore Dollars (SGD$)	6,000
New Zealand Dollars (NZD$)	6,000
Chinese Yuan Renminbi (CNY¥) (currency restrictions apply)	50,000

Interest Rates¹

Interest rates for foreign currencies
Currency & Term	Tier 1 Amount & Rate	Tier 2 Amount & Rate	Tier 3 Amount & Rate	Tier 4 Amount & Rate
USD$	$5,000 to $49,999	$50,000 to $99,999	$100,000 to $249,999	$250,000 +
1 month	0.70% p.a	0.70% p.a	0.70% p.a	0.70% p.a
2 months	0.70% p.a	0.70% p.a	0.70% p.a	0.70% p.a
3 months	0.76% p.a	0.76% p.a	0.80% p.a	0.80% p.a
6 months	0.76% p.a	0.76% p.a	0.80% p.a	0.80% p.a
9 months	0.76% p.a	0.80% p.a	0.85% p.a	0.85% p.a
12 months	0.80% p.a	0.85% p.a	0.90% p.a	0.90% p.a
GBP£	£3,000 +
1 month	0.01% p.a
2 months	0.01% p.a
3 months	0.01% p.a
6 months	0.09% p.a
9 months	0.22% p.a
12 months	0.25% p.a
EUR€	€5,000 +
1 month	0.01% p.a
2 months	0.01% p.a
3 months	0.01% p.a
6 months	0.01% p.a
9 months	0.01% p.a
12 months	0.01% p.a
HKD$	$40,000 to $299,999	$300,000 to $599,999	$600,000 to $999,999	$1,000,000 +
1 month	0.01% p.a	0.01% p.a	0.01% p.a	0.05% p.a
2 months	0.01% p.a	0.02% p.a	0.07% p.a	0.12% p.a
3 months	0.01% p.a	0.05% p.a	0.10% p.a	0.15% p.a
6 months	0.16% p.a	0.21% p.a	0.26% p.a	0.31% p.a
9 months	0.32% p.a	0.37% p.a	0.42% p.a	0.47% p.a
12 months	0.47% p.a	0.52% p.a	0.57% p.a	0.62% p.a
CAD$	$6,000 +
1 month	0.40% p.a
2 months	0.50% p.a
3 months	0.55% p.a
6 months	0.65% p.a
9 months	0.75% p.a
12 months	0.85% p.a
JPY¥	¥500,000 +
1 month	0.00% p.a
2 months	0.00% p.a
3 months	0.00% p.a
6 months	0.00% p.a
9 months	0.00% p.a
12 months	0.00% p.a
NZD$	$5,000 +
1 month	1.35% p.a
2 months	1.40% p.a
3 months	1.45% p.a
6 months	1.50% p.a
9 months	1.52% p.a
12 months	1.55% p.a
SGD$	All Balances
3 months	0.00
6 months	0.00
CNY¥	¥50,000 - ¥349,999	¥350,000 - ¥699,999	¥700,000 - ¥1,699,999	¥1,700,000 +
1 month	0.58% p.a	0.88% p.a	0.88% p.a	0.88% p.a
2 months	0.58% p.a	0.88% p.a	0.88% p.a	0.88% p.a
3 months	2.08% p.a	2.38% p.a	2.38% p.a	2.38% p.a
6 months	2.88% p.a	2.88% p.a	2.88% p.a	2.88% p.a
9 months	2.08% p.a	2.38% p.a	2.38% p.a	2.38% p.a
12 months	2.58% p.a	2.68% p.a	2.68% p.a	2.68% p.a

Apply for a Foreign Currency Term Deposit Account

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Other fees and charges (PDF, 184 KB) may apply. This advertisement provides general advice only and doesn't take into account your objectives, financial situation or needs. Consider the Product Disclosure Statement (PDS) and Financial Services Guide (FSG) (PDF, 487 KB) before acquiring this product, available by calling 1300 308 008, at your local branch or www.hsbc.com.au. Issued by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL 232595.

¹ Interest rates current as at 18-Jun-18 and subject to change.

Foreign Currency Term Deposit