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HSBC Foreign Currency Time Deposit Campaign (“Campaign”)Terms and Conditions

1.	"15x more interest with an AUD TMD" illustrated in the Campaign is computed based on comparison between the interest rate of a 3-month tenor Australian dollar $250,000 Time Deposit ("AUD TMD") against the interest rate of a 3-month tenor Singapore Dollar $250,000 Time Deposit, using HSBC Premier exclusive rates accurate as of 20 January 2010.
2.	"6x more interest with an NZD TMD" illustrated in the Campaign is computed based on comparison between the interest rate of a 6-month tenor New Zealand dollar $100,000 Time Deposit ("NZD TMD") against the interest rate of a 6-month tenor Singapore Dollar $100,000 Time Deposit, using HSBC Premier exclusive rates accurate as of 22 February 2010.
3.	"8x more interest with an AUD TMD" illustrated in the Campaign is computed based on comparison between the interest rate of a 6-month tenor Australian dollar $100,000 Time Deposit ("AUD TMD") against the interest rate of a 6-month tenor Singapore Dollar $100,000 Time Deposit, using HSBC Premier exclusive rates accurate as of 23 March 2010.
4.	Interest rates on all time deposits and preferential foreign exchange rates (as described below) are subject to change at any time without prior notice. Please visit any of our HSBC Premier centres/branches or contact us at 1800 –227 8889 (Premier) or 1800–472 2669 for the latest rates.
5.	Preferential foreign exchange rates may be offered to customers who convert their foreign currency deposits (i.e. in the case of AUD TMD, non-AUD deposits/ and in the case of NZD TMD, non-NZD deposits) with HSBC into AUD/NZD (as the case may be) for AUD/NZD TMD placement (as the case may be) under this Campaign, subject to a minimum conversion amount of SGD $50,000 or equivalent.
6.	The minimum placement amount in an AUD or NZD TMD with HSBC under this Campaign is $25,000 in respective currencies. "T" being the placement date of the deposit, AUD & NZD TMD will be valued on T + 1 business day. For the avoidance of doubt, ‘business day’ refers to any day on which the Bank is open for banking business and shall exclude Saturdays, Sundays and gazetted public holidays in Singapore. For time deposit denominated in foreign currency, 'Business Day' shall exclude gazetted public holidays in respective countries.
7.	There may be a gain or loss when you convert foreign currency. Customers are advised to make independent judgment with respect to any matter contained herein.
8.	No interest will be payable on the deposit if deposit placement is not held to maturity.
9.	Upon maturity of the time deposit placement(s), the principal and interest amounts will renew at the Bank’s prevailing time deposit board rates for the respective tenors, unless other maturity instructions are provided by the account holder.
10.	This Campaign is not valid with other offers or promotions unless otherwise stated.
11.	HSBC may, at its discretion, vary, delete or add to any of these Terms and Conditions, including but not limited to varying any of the interest rates and foreign exchange rates, or withdraw this Campaign at any time without notice or assuming any liability to any customers.
12.	Only personal/individual accounts are eligible. Terms and conditions governing personal deposit accounts will apply.
13.	On 16 October 2008, it was announced that the Singapore Government will offer protection under a guarantee of up to S$150 billion for all Singapore dollar and foreign currency deposits of individuals and non-bank customers in banks, finance companies and merchant banks licensed by the Monetary Authority of Singapore. This guarantee will remain in place until 31 December 2010. Media reports have stated that the Singapore Government guarantee does not cover structured deposits and pledged deposits. Accordingly, dual currency investments, structured deposits and deposits which are pledged, charged or secured as collateral are not covered by this guarantee.
14.	Under the provisions of the Deposit Insurance Act 2005 (the "Act"), Singapore dollar denominated deposits with HSBC held by individual depositors or charities will be insured by the Singapore Deposit Insurance Corporation Limited for up to the limit specified in the Act.