Time Deposits Offer

Exclusive for Payroll customer-HKD & USD Time Deposit Offer

Payroll Customers who have taken up Integrated Account Service place a 3-month or 6-month Exclusive for Payroll customer-HKD & USD Time Deposit Plan of HKD 50,000 or above with new funds or by conversion of funds enjoying the preferential annual interest rates as follows

Currency 3-month  6-month Application Channel

HKD

0.80% 0.85% Branch, Manned Phone Banking Services

USD

1.30% 1.35%

Promotion Period: 3 July 2017 to 30 September 2017 

Above preferential time deposit interest rate is quoted based on the time deposits interest rates of published on 20 Jul 2017 and is for reference only, customer can also contact BOCHK staff for updated preferential time deposit rate. 

E-channel Group Buying Offer

Personal Banking Customers who have taken up Integrated Account Service and place HKD50,000 or above of 3-month, 6-month or 12-month E-channel Group Buying Offer via internet banking or mobile banking, can enjoy the following preferential deposit interest rates (p.a.) as follows:

Currency 3-month 6-month  12-month  Application Channel
HKD 0.75% 0.80% 1.20% 

Internet Banking,

Mobile Banking

 
USD 1.25% 1.30% 1.30% 

Above preferential time deposit interest rate is quoted based on the time deposits interest rates of published on 20 Jul 2017 and is for reference only, customer can also contact BOCHK staff for updated preferential time deposit rate.
 

HKD / USD Time Deposit Preferential Offer

Personal Banking Customers who have taken up Integrated Account Service and newly applied or have taken specific banking products* place a 2-month, 3-month, 6-month or 12-month HKD / USD Time Deposit Preferential Offer of (equivalent) HKD 50,000 or above with new funds or by conversion of funds enjoying the preferential annual interest rates as follows:

*specific banking products: Newly applied / have taken BOCHK Payroll Service / MTC account / BOC Credit Card

HKD preferential time deposit interest rate (new fund): 

Amount Tier (HKD) 2-month 3-month 6-month 12-month Application Channel

HKD 50,000 or above -

below HKD 500,000

0.50%  0.65% 0.70% 1.00% Branch, Manned Phone Banking Services

HKD 500,000 or above

 

0.55%  0.75% 0.80% 1.10%

 

USD preferential time deposit interest rate (new fund):

Amount Tier (equivalent HKD) 2-month 3-month 6-month 12-month Application Channel

Equivalent HKD 50,000 or above -

below HKD 500,000

0.80%  1.15% 1.20% 1.20% Branch, Manned Phone Banking Services

Equivalent HKD 500,000 or above

 

0.90%  1.25% 1.30% 1.30%

Above preferential time deposit interest rate is quoted based on the time deposits interest rates of published on 20 Jul 2017 and is for reference only, customer can also contact BOCHK staff for updated preferential time deposit rate.

RMB Time Deposit Preferential Offer

Personal Banking Customers who have taken up Integrated Account Service place a 2-month, 3-month, 6-month or 12-month RMB Time Deposit Preferential Offer of RMB 20,000 or above with new funds or by conversion of funds enjoying the preferential annual interest rates as follows:

Amount Tier (RMB) 2-month 3-month 6-month 12-month Application Channel

RMB 20,000 or above -

below RMB 500,000 

3.00% 3.10% 3.50% 3.80% Branch, Manned Phone Banking Services
RMB 500,000 or above 3.10% 3.20% 3.60% 4.00%

Above preferential time deposit interest rate is quoted based on the time deposits interest rates of published on 20 Jul 2017 and is for reference only, customer can also contact BOCHK staff for updated preferential time deposit rate.

Preferential FX & RMB Time Deposit Offer

Personal Banking Customers who have taken up Integrated Account Service place a time deposit of equivalent HK$50,000 or above by conversion of funds enjoying the preferential annual interest rates as follows:

Deposit Tenor Preferential Interest Rate (p.a.) Application Channel
NZD AUD GBP CAD RMB USD 
7-day 5.00% 4.08% 3.00% 3.00% 3.80% 3.00%  Branch, Internet, Mobile, Manned Phone Banking Services
1-month 3.08% 2.08% 0.50% 0.50% 2.80% 1.80% 

Set up Preferential RMB & FX time deposit now via Internet Banking or Mobile Banking with just a few clicks:
Login to Internet Banking > Banking > Time Deposit > Deposit Placing > Select placement of Time Deposit (Preferential RMB and FX Time Deposit)
(Both FX exchange and deposit placement should be conducted at the same time)

Foreign Currencies Flexi Time Deposit Offer

Personal Banking Customers who have taken up Integrated Account Service place a time deposit of equivalent HK$50,000 or above by conversion of funds enjoying the preferential annual interest rates as follows:

Number of actual deposit days Corresponding deposit period  Preferential Interest Rate (p.a.) Application Channel
NZD AUD GBP CAD
1 day - less than 7 day 1-day  0.05% 0.05% 0.01% 0.01% Branch, Internet, Mobile, Manned Phone Banking Services
7 days - less than 1 month 7-day  0.20% 0.20% 0.02% 0.05%
1 month - less than 3 months  1-month  1.40% 0.90%  0.03% 0.10%
Until the maturity  3-month  1.70% 1.15% 0.06% 0.20%

Set up FX time deposit now via Internet Banking or Mobile Banking with just a few clicks:
Login to Internet Banking > Banking > Time Deposit > Deposit Placing > Select placement of Time Deposit (Foreign Currencies Flexi Time Deposit)

Preferential HKD Time Deposit Offer

Personal Banking Customers who have taken up Integrated Account Service place a time deposit of equivalent HK$50,000 or above by conversion of funds enjoying the preferential annual interest rates as follows:

Deposit Tenor Preferential Interest Rate (p.a.) Application Channel
HKD
7-day 1.68% Branch, Internet, Mobile, Manned Phone Banking Services

Set up Preferential HKD time deposit now via Internet Banking or Mobile Banking with just a few clicks:
Login to Internet Banking > Banking > Time Deposit > Deposit Placing > Select placement of Time Deposit (Preferential HKD Time Deposit)
(Both HKD exchange and deposit placement should be conducted at the same time)

Terms of the promotion offers:

  • The above offers are only applicable to personal banking customers of Bank of China (Hong Kong) Limited ("BOCHK") who have taken up Wealth Management, Enrich Banking or i-Free Banking service (“Integrated Account Service“).
  • Time deposits should be set-up on banking business days of Hong Kong. Deposits may not be uplifted before maturity. For a call deposit, maturity refers to the expiry of your notice of the agreed period to BOCHK. BOCHK may permit an early uplift subject to payment of BOCHK losses, expenses and charges (in the amounts determined by BOCHK). No interest will be payable on the deposit if an early uplift is permitted. Interest on a deposit is only payable at maturity. A deposit, which would otherwise mature on a non-business day (like Saturday, Sunday or public holiday), matures on next business day.
  • Manned Phone Banking Services are only applicable to selected customers with designated transaction account. For details, please contact our branch staff.
  • The above products, services and offers are subject to the relevant terms. For details, please refer to the relevant promotion materials or contact the staff of BOCHK.
  • Funds that are deposited via cashier's order/cheques and transfers / remittance from banks within BOCHK Group will not be considered as new funds. For details of the definition of new funds, please contact BOCHK's staff. In case of disputes, BOCHK has the sole discretion to determine the definition of “new funds”.
  • The preferential time deposit interest rate in this promotion material is quoted based on the interest rates of Hong Kong Dollars, RMB and Foreign Currencies time deposits published on 20 Jul 2017 by BOCHK and is for reference only. The preferential interest rate is a one-off privilege for each time deposit and the subsequent renewal rates of time deposits will be subject to the quotes by BOCHK from time to time.
  • BOCHK reserves the right to amend, suspend or terminate the above products, services and offers, and to amend the relevant terms at any time at its sole discretion without prior notice.
  • Offer is limited and available while quota lasts.
  • In case of any dispute, the decision of BOCHK shall be final.
  • Should there be any discrepancy between the English and Chinese versions of this promotion material, the Chinese version shall prevail.
     


Risk Disclosure:

  • RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of RMB may result in losses in the event that the customer converts RMB into HKD or other foreign currencies.
  • RMB is currently not fully freely convertible.  Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.
  • Foreign currency investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of foreign currency may result in losses in the event that customer converts the foreign currency into Hong Kong dollar or other foreign currencies.