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Time Deposit Interest Rate In Post Office
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Update as of 7 August 2020. Update as of 7 August 2020. Update as of 7 August 2020. Update as of 7 August 2020. Time Deposit Rates. Update as of 4 November 2020. A time deposit, or a certificate of time deposit, is an interest-bearing bank deposit that has a specified date of maturity. It is a bank account type option for customers who would like to deposit available excess funds in a high-interest. A specific amount of funds in peso which earns interest at a pre-determined competitive rate for a fixed period of time/term with a “Certificate of Time Deposit” (CTD) as proof of deposit. This is offered to individuals and institutions with peso denominated funds which may be locked-in with the bank for at least thirty (30) days.
Hsbc Time Deposit Interest Rate
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- Interest rates and foreign exchange rates quoted above are for reference only. Relevant terms and conditions apply.
- FX foreign currency trading is subject to rate fluctuations which may provide both opportunities and risks. The actual conversion arrangement will depend on the restrictions prevailing at the relevant time. Investors may experience a loss when they convert foreign currency back to their home currency. Investors should therefore carefully consider whether such trading is suitable for them in light of their own financial position, investment objectives and risk profile. Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate.
- Citibank (Hong Kong) Limited and/ or Citibank, N.A. reserves the right to amend these Terms and Conditions without prior notice. All matters and disputes will be subject to the final decision of Citibank (Hong Kong) Limited and/ or Citibank, N.A.
- All obligations herein are payable solely at and by the Citi entity where the [Time Deposit] is booked, subject to the laws of Hong Kong (including governmental actions, orders, decrees and regulations). Products might only be applicable to limited jurisdictions.
- RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong is subject to certain restrictions. The actual conversion arrangement will depend on the prevailing restrictions at the relevant time . The exchange rate of RMB can go up and down. Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. Customers are offered offshore ('CNH') rates for RMB conversion.
- In case of any discrepancy between the English and Chinese versions of the content, the English version shall prevail.
- Real-time Booking Hours:Mon to Fri 09:00 A.M. - 08:00 P.M.Sat (HKD & RMB deposits only) 09:00 A.M. - 06:00 P.M.For time deposit setup instruction submitted outside real-time booking hours, your instruction will be executed on the next business day.Example:For Preferential Time Deposit Privileges set up after 06:00 P.M. on Dec 2, 2017 (Saturday), the value date & interest calculation will only be started on Dec 4, 2017 (Monday).For further assistance, please contact 24-Hour CitiPhone Banking (852) 2860 0333.
- For Time Deposit with the renewal instruction as “renew principal and dispose of interest to Savings or Checking account”, the interest will be deposited to the relevant account by 6:00 am on the next day after the maturity date.