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8 Feb, 2010
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.
Effective date: Feb.2, 2009
Account type for interest rate change: USD Savings account for corporate, MMDA for corporate customer


(Before Tax)
Account type Currency Current After change
Savings account
(USD) for corporate customer		 USD 0.10% 0.01%
MMDA for corporate customer KRW Below KRW1billion:1%
Same or above KRW1billion:2%		 Below KRW1billion:0.5%
Same or above KRW1billion:1%

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