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Foreign Currency Deposit
Foreign Currency Deposit
  Maximize Your Returns
   
Wing Hang provides 14 foreign currencies for your selection as well as preferential interest rates and low exchange rate spread. You can make foreign exchange transactions from 9:00a.m. till the New York market closes1 through phone, internet and mobile handset.
   
 
Multi-Currency Deposit Account / Foreign Currency Savings Account

Interest is calculated on daily basis and is settled monthly to make your money grow faster.
You can select from passbook or statement accounts.
Multi-Currency Deposit Account can let you manage transactions up to 10 currencies including Australian Dollar, Canadian Dollar, Euro, Japanese Yen, New Zealand Dollar, Pound Sterling, Singapore Dollar, Swedish Kroner, Swiss Franc and US Dollar within one single account, enjoy the convenience of financial management.
   
  Minimum Initial Deposit for Foreign Currency Savings Deposit (original currency) are as follows:
 
Currency
Minimum Initial Deposit
Deposit should be over the following amount for interest
Australian Dollar
AUD
200
200
Canadian Dollar
CAD
200
200
Swiss Franc
CHF
200
200
Danish Kroner
DKK
1,000
1,000
Euro
EUR
200
200
Pound Sterling
GBP
200
200
Japanese Yen
JPY
20,000
20,000
Norwegian Kroner
NOK
1,000
1,000
New Zealand Dollar
NZD
200
200
Renminbi
RMB
2,000
2,000
Swedish Kroner
SEK
1,000
1,000
Singapore Dollar
SGD
200
200
Thailand Baht
THB
4,000
4,000
US Dollar
USD
200
200
   
 
   
 
Foreign Currency Fixed Deposit

Enable you to capture higher interest return and exchange rate movement.
Deposit tenor ranges from 7 days to 6 months.
You can preset the account for fund transfer upon its maturity or select to roll over automatically through Wing Hang eBanking Service.
You can protect your deposit against currency fluctuations by engaging in a forward exchange rate contract during the deposit period.
 
Minimum initial deposit for Foreign Currency Fixed Deposit (original currency) are as follows:
 
Currency
Over-the-Counter Minimum Initial Deposit
Minimum Initial Deposit via Internet/Telematic Banking/Mobile Banking
Below
One - Month
One - Month or above
AUD
15,000
7,500
1,000
CAD
15,000
7,500
1,000
CNY
N/A
20,000
20,000
DKK
75,000
37,500
5,000
JPY
1,500,000
750,000
100,000
NZD
20,000
10,000
1,000
NOK
75,000
37,500
5,000
SGD
20,000
10,000
1,000
SEK
75,000
37,500
5,000
CHF
15,000
7,500
1,000
THB
300,000
150,000
20,000
GBP
7,500
3,750
500
USD
12,500
12,500
12,500
EUR
10,000
5,000
1,000
   
 
USD Current Account

You can settle your local USD transactions by using USD cheque and CHATS. No exchange premium will be incurred
Free cheque book
Monthly statement showing details of each transaction will be provided.
Overdraft facilities will be offered upon request.
Initial deposit amount as low as US$200
   
  For enquiries or account opening, please visit any of our branches or call
2815 1123 for more information. If you are our Personal eBanking customer, you may login to open your Foreign Currency Statement Savings and Fixed Deposit Account.
   
 
Remark:
1.

Trading hours start from 9:00a.m. till New York market closes (summer time till 2:30a.m. and winter time till 3:30a.m.) from Monday to Friday and 9:00a.m. to 1:00p.m. on Saturday.

   
 
   
 
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