Green Time Deposit

Bank of China (Hong Kong) Limited (“BOCHK”) proactively promotes green and sustainability development. BOCHK provides green time deposit for corporates. This supports the largest range of green industries in the local market, and is the first green deposit to be certified by an independent third party in Hong Kong.

Deposit funds will be used to support projects in the green building, renewable energy and pollution prevention industries, in order to promote the transition to a low-carbon, climate-resilient and sustainable economy. This scheme is certified by an independent third party (Ernst & Young) and an attestation report on pre-issuance is obtained.  

 

Corporate Green Time Deposit Scheme *

Target Customer

BOC Corporate Customers

Industry being supported

Green Building, Renewable Energy, Pollution Prevention Industries and etc

Currency

HKD, USD, RMB

*the promotion will be updated periodically, please refer to corporate deposit for details

 

General Terms:

  • The Bank 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.
  • In case of any dispute, the decision of the bank shall be final.
  • 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.
  • Customers need to pay for the relevant data generated by downloading and / or using BOCHK Mobile Banking mentioned above by themselves.
  • Should there be any discrepancy between the English and Chinese versions of this promotion material, the Chinese version shall prevail.

 

Risk Disclosure:

The following important notes cannot disclose all the risks involved and does not take into account any personal circumstances unknown to BOCHK. You should undertake your own independent review and seek independent professional advise before you trade or invest especially if you are uncertain of or have not understood any aspect of the following risk disclosure statements or the nature and risks involved in trading or investment. You should carefully consider whether trading or investment is suitable in light of your own risk tolerance, financial situation, investment experience, investment objectives, investment horizon and investment knowledge.

Risk of Foreign Currency Trading

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 the customer converts foreign currency into Hong Kong dollars or other foreign currencies.

RMB Conversion Limitation Risk

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.