Foreign Currency Term Deposit

Definition: 

Foreign currency term deposit is for individual clients who wish to deposit foreign currencies with a specific period. Once the deposit reaches maturity and is withdrawn，interest will be calculated and settled in accordance with the agreement on the deposit date

Personal foreign currency term deposit can be seperated to small-denomination and large-denomination, based on one single deposit amount:

Small-denomination is defined as a single minimum deposit amount below USD 3 million or USD equivalent;

Large-denomination is defined as a single minimum deposit amount equal to or above USD 3 million, or USD equivalent

Deposit Currency: 

USD only

Deposit Term:

There are 4 terms for clients to choose from: 1 month/3 months/6 months/1 year

Interest Rate: 

The interest rate of small-denomination foreign currency term deposit is calculated according to the corresponding level of interest rate announced by our bank;

The interest rate of large-denomination foreign currency term deposits is calculated according to the agreement made between our bank and individual clients

Minimum Deposit Amount: 

Small-denomination foreign currency term deposit: USD 200 or USD equivalent

Large-denomination foreign currency term deposit: USD 3 million or USD equivalent