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The Singapore skyline; image used for HSBC Singapore Foreign Currecy Time Deposit

Foreign currency time deposit

HSBC Foreign Currency Time Deposit

Whether you are based in Singapore or overseas, a foreign currency time deposit with HSBC will make your money work harder for you.
  • Wide range of major currencies
  • Flexible placements, withdrawals and renewals
  • A simple way to invest in the currency of your choice

How HSBC Foreign Currency Time Deposit can help you

Foreign Currency Deposits are particularly convenient if you use or are likely to need foreign currency in the future. You can plan ahead by investing in that currency now.

You can place your deposits in a major range of currencies and for tenors, from 1 to 12 months, as shown below.

Attractive interest rates

Our Foreign Currency Deposits offer competitive rates on your deposit. For term deposits, the interest earned is paid on the maturity date.

Our Foreign Currency Deposits also offer capital gains* if exchange rates move in your favour. 

*Actual returns are subject to exchange rate fluctuations.


  • US Dollar: USD25,000 minimum amount
  • Sterling: GBP25,000 minimum amount
  • Swiss Franc: CHF25,000 minimum amount
  • Japanese Yen: JPY10million minimum amount
  • Australian Dollar: AUD25,000 minimum amount
  • Hong Kong Dollar: HKD100,000 minimum amount
  • Canadian Dollar: CAD25,000 minimum amount
  • New Zealand Dollar: NZD25,000 minimum amount
  • Euro: EUR25,00 minimum amount
  • Renminbi: CNY250,000 minimum amount

Flexible placements, withdrawals and renewals

For your convenience, we accept deposits in many forms - cash, cheques, demand drafts and telegraphic transfers. You can choose from a wide range of withdrawal options. When your deposit matures, we automatically renew it, together with the interest earned, at the prevailing interest rate.

Personalised service and confidentiality

Our experienced staff understand your needs. You can count on us to provide personalised and confidential service.

Find out more

Contact us

Leave us your contact details and our Wealth Manager will be in touch with you within 3 working days.

You can also call your Relationship Manager directly, or contact us through our telephone banking hotline at: 

+1800 - HSBC NOW (4722 669)

If you are overseas, please call +(65) 6-HSBC-NOW (4722 669)

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.


Important Notes

Premature withdrawal of any time deposit is subject to the HSBC account user agreement. Please note that premature withdrawal charges may apply if your time deposit is not held to maturity. As a result, you may receive less than the original time deposit placement amount. For all premature withdrawal of the time deposits, interest payments (if any) will be calculated at HSBC's discretion.