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Money Markets
Time Deposits
Tenor is for 1, 3, 6, 9 and 12 months. There is no cash withdrawal fee at maturity. A 0.3% cash withdrawal fee and interest rate of flexible deposit account will be applied for premature encashment. There must be a minimum balance of VND 150 million or other currencies equivalent.
Benefits
- Simple, safe and convenient way to make money grow.
- Flexible time frames to suit the customers' needs, from one month to 12 months.
- High interest with the deposits.
- Interest calculated from the date of the deposit until maturity and paid when the deposit matures.
- Upon maturity, interest can be renewed or payable at customer's instructions.
Structured Deposits for Yield Enhancement
HSBC ensures that these can be lined to foreign exchange rates, interest rates, gold and equities. They can also be tailored to the individual investor's market view. Minimum principle-protected.
Benefits
- Potential of higher returns due as a result of increased risk.
- Allows you to earn higher interest in the current low interest rate environment.
- A wide choice of different links.
- Flexibile - it can be customised.
- Capital protection.
