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A businessman relaxing at desk in office; image used in HSBC Foreign Currency Time Deposit page.

Foreign Currency Time Deposit

Earn interest at an attractive rate on a range of currencies for a set period.

Save in up to 10 currencies and earn more interest than in a savings account. You can open an account with as little as the equivalent of USD2,000.

  • Choose from the following currencies – Australian dollar, Canadian dollar, euro, Japanese yen, New Zealand dollar, pound sterling, Singapore dollar, Swiss franc, Thai baht and United States dollar
  • Receive interest half-yearly (for deposit periods of 18 months or more) or at maturity
  • Access and manage your time deposit at branches, via phone or online
  • Choose a deposit period between one week and 36 months
  • Enjoy a preferential interest rate based on your integrated account type, deposit amount, deposit period and Total Relationship Balance
  • A range of renewal options when your deposit matures

How to apply

Already have a time deposit account OR HSBC Premier or HSBC One customers


If you are not holding an HSBC Premier or HSBC One account and you do not have an active time deposit account with us

  • On the HSBC HK App, under ‘Explore products and services’, you will find the option ‘Account opening/ upgrade’, which allows you to submit an application to open or upgrade to an HSBC Premier or HSBC One account with us (subject to individual customer eligibility).
  • You can then place a time deposit through our digital banking at the next business day upon successfully opening an account.

If you are new to HSBC

  • Download the HSBC HK App to open an HSBC account with us

For further enquiries, please contact us.

Time deposit offers

Get up to 13.5% p.a. time deposit rate

Enjoy a bonus deposit rate of +1% p.a. on top of prevailing preferential rates when you exchange currencies and place them in a 1-week time deposit using the HSBC HK App. T&Cs apply. Currency conversion involves risk.

Foreign currency Preferential New Fund Time Deposit rates: Enjoy up to 4.0% p.a.

Terms and Conditions apply. The above interest rates are indicative as of 14 May 2024 and are for reference only. They are not guaranteed and maybe subject to revision, as per prevailing market conditions. Currency conversion involves risk.

Interest rates

To find out the latest HSBC deposits rate on HKD, USD, RMB and other currencies for HSBC saving accounts and time deposit, please click here.

Manage your deposits

Transfers and payments

Transfer funds to any account in Hong Kong and around the world easily, securely and quickly.

Ways to bank with HSBC

Manage your money online, via ATM, phone or at an HSBC branch

Related products


Manage your savings across different currencies flexibly and earn interest on your account balance.


Lock your money away and earn interest at an attractive rate.


Convenient renminbi services make it easy to maintain ties to China while earning higher interest for depositing your savings for a fixed.

Risk Disclosure

Currency conversion risk - the value of your foreign currency and renminbi deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your renminbi deposit to other currencies at an exchange rate that is less favorable than the exchange rate in which you made your original conversion to renminbi, you may suffer loss in principal.

Renminbi is currently not freely convertible and subject to regulatory restrictions (which might be changed from time to time). For personal customers who are Hong Kong residents, conversions conducted through renminbi deposit accounts with banks in Hong Kong are subject to the limit of up to RMB20,000 per person per day. Personal customers who are Hong Kong residents should allow time for conversion of renminbi from/to another currency of an amount exceeding the daily limit. Non-Hong Kong residents are not required to observe the corresponding limits and requirements regarding renminbi conversions for Hong Kong residents.