Top of main content
A man is looking at his mobile phone; image used for HSBC Malaysia Foreign Currency Time Deposit Account page.

Foreign Currency Time Deposit Account

Offers a fixed deposit interest rate and flexible term lengths to earn potentially higher returns in 12 currencies.

Your money on your terms

Get potentially more from your money with an HSBC Foreign Currency Time Deposit Account. Choose from 12 major currencies and a range of term lengths, and enjoy a fixed interest rate. What's more, you can manage your instructions easily at any time via HSBC Online Banking.
  • Grow your money at a fixed interest rate
  • Select from 12 major currencies, including US dollar (USD), Great Britain pound (GBP), Australian dollar (AUD), Singapore dollar (SGD), and euro (EUR)
  • Choose term lengths from 1, 3, 6, 9 or 12 months to fit your needs
  • Reinvest or withdraw your funds upon maturity
Chinese yuan (CNY) accounts are available for a 1-month term only. Japanese yen (JPY) accounts are available for either a 1-month or 3-month term.

Ready to apply?


If you already have an active HSBC Everyday Global Account or HSBC Foreign Currency Account, you can apply for an HSBC Foreign Currency Time Deposit Account via HSBC Online Banking.

 

If you're new to HSBC, please visit your nearest branch

How much do I need to open an account?

The following table shows the minimum amount you'll need to open an account for each of the 5 major currencies: US dollar (USD), Great Britain pound (GBP), Australian dollar (AUD), Singapore dollar (SGD), and euro (EUR). It also shows the interest rate offered for each term.

Last updated: 01 March 2024
Currency
Minimum deposit amount

1

month

3

months

6

months

9

months

12

months

USD 3,000 4.92% 4.93% 4.87% 4.78% 4.67%
GBP 2,000 4.70%
4.71%
4.68%
4.61%
4.52%
AUD 3,000 3.46%
3.49%
3.58%
3.54%
3.19%
SGD 4,000 3.21%
3.26%
3.31%
3.36%
3.41%
EUR 2,000 3.30%
3.30%
3.25%
3.13%
3.10%
Last updated: 01 March 2024
Currency
USD
Minimum deposit amount
3,000

1

month

4.92%

3

months

4.93%

6

months

4.87%

9

months

4.78%

12

months

4.67%
Currency
GBP
Minimum deposit amount
2,000

1

month

4.70%

3

months

4.71%

6

months

4.68%

9

months

4.61%

12

months

4.52%
Currency
AUD
Minimum deposit amount
3,000

1

month

3.46%

3

months

3.49%

6

months

3.58%

9

months

3.54%

12

months

3.19%
Currency
SGD
Minimum deposit amount
4,000

1

month

3.21%

3

months

3.26%

6

months

3.31%

9

months

3.36%

12

months

3.41%
Currency
EUR
Minimum deposit amount
2,000

1

month

3.30%

3

months

3.30%

6

months

3.25%

9

months

3.13%

12

months

3.10%

For a full list of currencies and rates, please see our Foreign Currency Time Deposit Account rates page.

Rates displayed above are on a per annum (p.a.) basis.

The rates displayed are indicative for the day and subject to change without prior notice.

List of minimum deposit amount for each foreign currency

Currency
Minimum deposit amount
USD (United States dollar) 3,000
GBP (Great Britain pound) 2,000
AUD (Australian dollar) 3,000
SGD (Singapore dollar) 4,000
EUR (Euro) 2,000
JPY (Japanese yen) 300,000
BND (Brunei dollar) 4,000
CHF (Swiss franc) 3,500
HKD (Hong Kong dollar) 25,000
CAD (Canadian dollar) 3,000
NZD (New Zealand dollar) 4,500
CNY (Chinese yuan) 20,000

List of minimum deposit amount for each foreign currency

Currency
USD (United States dollar)
Minimum deposit amount 3,000
Currency
GBP (Great Britain pound)
Minimum deposit amount 2,000
Currency
AUD (Australian dollar)
Minimum deposit amount 3,000
Currency
SGD (Singapore dollar)
Minimum deposit amount 4,000
Currency
EUR (Euro)
Minimum deposit amount 2,000
Currency
JPY (Japanese yen)
Minimum deposit amount 300,000
Currency
BND (Brunei dollar)
Minimum deposit amount 4,000
Currency
CHF (Swiss franc)
Minimum deposit amount 3,500
Currency
HKD (Hong Kong dollar)
Minimum deposit amount 25,000
Currency
CAD (Canadian dollar)
Minimum deposit amount 3,000
Currency
NZD (New Zealand dollar)
Minimum deposit amount 4,500
Currency
CNY (Chinese yuan)
Minimum deposit amount 20,000

Get started

Already an HSBC customer?

You'll need to have at least one active HSBC Everyday Global Account or HSBC Foreign Currency Savings Account to log on to HSBC Online Banking and open an HSBC Foreign Currency Time Deposit Account in minutes.

New to HSBC?

You can apply for an HSBC Everyday Global Account or HSBC Foreign Currency Savings Account, and an HSBC Foreign Currency Time Deposit Account at your nearest branch. Book an appointment to skip the queue when you visit us.

Good to know

HSBC is a member of Perbadanan Insurans Deposit Malaysia (PIDM). Deposits in your Foreign Currency Time Deposit Account are protected by PIDM up to RM250,000 for each depositor. For more details on PIDM protection, please see this PIDM DIS brochure (PDF).

You can find answers to frequently asked questions about foreign exchange (FX) in our FX products and services FAQs (PDF).

You might also be interested in

 

Save, spend and make transactions in 11 currencies, all with 1 account. 

 

Grow your money in Malaysian ringgit in a smarter way at competitive fixed rates. 

Listening to what you have to say about services matters to us. It's easy to share your ideas, stay informed and join the conversation.