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interest rate
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16 May, 2012
HSBC sincerely appreciates your interest and favour in our business relationship all the times. Please be announced that pursuant to BOK (Bank of Korea) policy rate cut, HSBC will change the standard interest rate of savings account and MMDA (Money Market Deposit Account) for corporate customer as mentioned below.
Please call the Commercial Customer Service Centre at (Tel : 1588-7639) for more details.
standard interet rate on demand deposit
(Unit : before tax / per annum)
Deposit type Currency Interest rate
Savings account KRW 0.10%
Money market deposit account KRW Up to KRW 1 bil : 0.5%, Over KRW 1 bil : 1%
Foreign currency savings account USD
EUR
GBP
CNY
CAD
AUD
NZD
0.01%
onshore CNY 0.10%
JPY
SGD
HKD
CHF
0%
Interet rate on term deposit
(Unit : before tax / per annum)
Tenor/Currency 1 Month 3 Months 6 Months
KRW 1.40% 1.50% 1.80%
USD 0.01% 0.10% 0.30%
EUR 0.01% 0.10% 0.30%
CNY 0.10% 0.30% 0.50%
Onshare CNY 0.10% 0.30% 0.50%

The interest rate above is a standard rate for corporate customer, it could be changed by local market status hereafter.
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