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Deposits & Remittances
 

Deposits

We offer Hong Kong Dollar Savings Statement Account, US Dollar Savings Statement Account, Hong Kong Dollar Time Deposit Account, Foreign Currency Time Deposit Account and Hong Kong Dollar Current Account.Our clients can choose from a wide variety of currencies and deposit periods with competitive interest rates. We also provide automatic renewal services. Deposit will be renewed automatically upon maturity according to instruction.

The initial deposit for a current account is HKD1,000. The initial savings account is HKD1,000 or the equivalent thereof, with interest credited to the client's account every six months and all transactions clearly shown in a statement of account.

The minimum time deposit is HKD100,000 or the equivalent thereof. Deposits may be made in a variety of currencies at very attractive interest rates.

Remittances

Through our extensive global correspondent bank relationships and advanced telecommunication systems, our clients can enjoy comprehensive, prompt and reliable remittance services with the options of telegraphic transfer and demand draft.

A wide range of foreign exchange and derivative products are rendered to our clients to satisfy their investment and risk hedging needs.

Our experienced experts in capital markets help arrange the issuance of securities for corporate clients and financial institutions. We also act as underwriter, custodian, paying agent and book-runner, so as to provide one-stop services to our clients.

Professional risk management as well as asset and liability management consultancy services are available for our corporate clients. A variety of products are used to help our clients hedge against the currency and interest rate exposures, minimize the cost of liabilities and maximize returns.

We provide our clients with expeditious and well-arranged clearing and settlement services in both Hong Kong dollar and US dollar.