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An online term deposit account is a bank account created online for the purpose of placing a term deposit with interest rates.
To get started, you'll need to:
Are you still going to the nearest branch to place a term deposit? Here are 4 reasons to switch to an online term deposit account:
At HSBC, we use 5 methods to make sure your personal internet banking is secured:
Two-factor authentication
A unique username and a one-time security code generated by your Digital Secure Key or biometrics protects your financial information. You can only access your personal internet banking with a device unique to you.
Transaction verification
When you transfer money to third parties or pay bills online, we'll ask you for a code generated by your Digital Secure Key or biometrics.
Security technology
Our industry-standard Encryption Secure Sockets Layer (SSL) technology is used to safeguard your account.
Automatic 'Time-out'
If you forget to log off, or your computer remains inactive, you'll automatically be logged out of Internet Banking. Pages viewed while securely logged in aren’t recorded in your computer's temporary files.
SMS/email/Push notifications
We'll ask for verification when you perform certain transactions. Call HSBC immediately if you receive an alert for a transaction you don't recognise.
If you already have an account with us, you can open an HSBC Time Deposit Account through online banking.
You'll get a fixed deposit interest rate on multiple tenors varying from 1 week to 36 months.
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