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Deposit Plus

HSBC Deposit Plus - Perfect for businesses that regularly convert funds from one currency to another and are seeking higher returns.

Important Risk Warning

  • Deposit Plus is a structured investment product involving derivatives. The investment decision is yours but you should not invest in Deposit Plus unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. Do not invest in it unless you fully understand and are willing to assume the risks associated with it. If you are in any doubt about the risks involved in the product, you may clarify with the intermediary or seek independent professional advice.
  • Deposit Plus is a structured investment product, which is NOT a protected deposit and is NOT protected by the Deposit Protection Scheme in Hong Kong.

Additional risks are disclosed in the section of "Risk Disclosure" below. Please refer to it for details.

Features and benefits

  • Place your deposit for as low as HK$250,000 or equivalent.
  • Suitable for businesses that regularly convert funds from one currency to another and are seeking higher returns.
  • Earn a higher interest rate than a normal Hong Kong dollar or foreign currency time deposit if you are willing to risk conversion into another currency.
  • Choose two currencies – a deposit currency and a linked currency. Deposit Plus offers you with a variety of currency choices to suit your need for foreign currency. For example, you might consider the currency of the country which you purchase goods from or where you have local expenses.
  • Choose your own deposit period, from one week to three months.
  • Enjoy the flexibility of fixing your deposit period and conversion rate or Deposit Plus interest rate.

How it works

The following example illustrates various scenarios* that determine the final redemption currency and your return:

Deposit Currency

Hong Kong Dollar (HKD)

Linked Currency

Australian Dollar (AUD)

Deposit placed on

30 Mar 2020

Deposit date

1 April 2020

Fixing date

9 April 2020

Maturity date

15 April 2020

Interest period

14 days

Conversion rate^

4.6237

Deposit amount

HKD250,000

Deposit Plus Interest rate

10.15%p.a.

Upon maturity

If the AUD/HKD exchange rate is at or above 4.6237 at fixing, the principal and interest will be paid in HKD.
If the AUD/HKD exchange rate is below 4.6237 at fixing, the principal and interest will be paid in AUD.

*The above scenarios are for reference only. Return depends upon the market conditions on the fixing date.
&Interest = principal x interest rate p.a. x tenor (in number of days) / [365 days (if deposit currency is HKD, SGD or GBP) or 360 days (if deposit currency is other foreign currencies)].
§Assume the deposit is converted back to HKD upon maturity and the exchange rate equals to the rate upon fixing.
In this worst payout scenario, you will receive return or the linked currency the value of which may be worth substantially less than the original amount you invested (and in the extreme case could be worth nothing).

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