Guide to online savings and deposits
What is an online term deposit account?
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:
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Open an account
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Register for online banking
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Download your bank's mobile banking app
What are the benefits of an online term deposit account?
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:
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Safe and securedBuilt-in security protects your money
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ConvenientDeposit and transfer money online anytime, anywhere
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QuickTransact online from home and skip the queues
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TrackableWatch your savings grow in real time
Is it safe to place an online term deposit?
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.
How to place an online term deposit via Internet Banking?
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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Log into Online Banking
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Select 'Time Deposit' from the Service links, or 'Open Time Deposit' from the Quick links
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From the dropdown, select the type of Deposit
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Select the term of the Time Deposit
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Select the source account and input the amount to be deposited (minimum VND10,000,000)
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Accept the Term and Conditions and select 'Continue' to proceed
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Review and 'Confirm' to proceed
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