Deposit Account/Services
| Hong Kong Dollar | ||
|---|---|---|
| Current | Savings - SSA | |
| Savings Interest Rate | 0.05000% | |
|
Initial Deposit for Account Opening Minimum amount of deposit for account opening |
HK$ 20,000 | HK$ 500 |
|
Minimum Amount for Time Deposit Minimum amount for time deposit For the interest rates, please refer to the interest board rates with our Cash Department Terms : 1 mo. / 3 mos. / 6 mos. & 1 year The Bank reserves the right to levy charges on pre-termination. |
HK$ 1,000 | |
|
Stop Cheque Payment Order (per cheque) To stop payment on each or a series of cheque(s) in sequential order issued by the account holder |
HK$ 100 | N/A |
| Maintaining Balance | HK$ 20,000 | HK$ 500 |
|
Monthly fee Accounts with monthly balance less than the defined maintaining balance |
HK$ 100 | HK$ 50 |
|
Returned cheque Each cheque returned due to - insufficient funds - other reasons |
HK$ 150 HK$ 70 |
N/A N/A |
| Dormancy charges For deposit accounts dormant for more than one year (no client-initiated transaction for one year) | HK$ 30 | HK$ 30 |
|
Account closure Within three months from the date of its opening Improper handling of current account |
HK$ 200 HK$ 300 |
HK$ 50 N/A |
| US Dollar | |
|---|---|
| Savings - SSA | |
| Savings Interest Rate | 0.10000% |
|
Initial Deposit for Account Opening Minimum amount of deposit for account opening |
US$ 300 |
|
Minimum Amount for Time Deposit Minimum amount for time deposit For the interest rates, please refer to the interest board rates with our Cash Department Terms : 1 mo. / 3 mos. / 6 mos. & 1 year The Bank reserves the right to levy charges on pre-termination. |
US$ 1,000 |
| Maintaining Balance | US$ 300 |
|
Monthly fee Accounts with monthly balance less than the defined maintaining balance |
US$ 8 |
| Dormancy charges For deposit accounts dormant for more than one year (no client-initiated transaction for one year) | US$ 3.5 |
|
Premium on foreign currency notes deposits in one single day (per account): US dollar notes for credit to US dollar account |
HK$ 10 / US$ 100 |
|
Premium on foreign currency notes withdrawals in one single day (per account): US dollar notes from US dollar account |
HK$ 5 / US$ 100 |
|
Account closure Within three months from the date of its opening Improper handling of current account |
US$ 8 N/A |
|
|
|
For Time Deposit rates, please call us at (852) 2543 2812.