Time Deposit Account - Account - Your Business Essentials - Business Banking Services

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Time Deposit Account

Saving Account

Current Account

Time Deposit Account

Saving Account Current Account Time Deposit Account

Features

With Hang Seng time deposit services, you can enjoy high interest returns and a choice of deposit currencies and various tenors
You can also enjoy a bonus interest rate by placing time deposits via Hang Seng Business e-Banking

Minimum deposit amount is as low as HKD10,000 (depending on tenor) or 1,000 units in foreign currency (except Japanese Yen and Thai Baht which require 100,000 units, as well as Renminbi and South African Rand which require 10,000 units)
Deposit tenors from one week to five years¹
Interest payable automatically every month²
What's more, the credit line for an overdraft facility using your HKD time deposit as collateral is 95% of deposit amount, giving you added flexibility

Remarks:

Four-year and five-year tenors are only applicable to HKD and USD deposit.
Should the Time Deposit maturity date and/or interest payment date fall on a non-clearing day, the deposit and/or interest will be payable on the following clearing day with the interest being paid up to but excluding that day.