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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.
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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%
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| Foreign currency savings account |
USD EUR GBP CNY CAD AUD NZD |
0.01% |
| onshore CNY |
0.10% |
JPY SGD HKD CHF |
0% |
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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% |
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The interest rate above is a standard rate for corporate customer, it could be changed by local market status hereafter.
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