Deposits

There are 3 kinds of savings accounts without fixed deposit tenure.

Yen Savings Account

• Product Fact Sheet-Yen Savings Account

Channels for Deposit and Withdrawal:

• HSBC Premier Centres (Deposit and Withdrawal)
• HSBC ATMs (In Japan: Deposit and Withdrawal, In overseas: Deposit )
• ATMs of the HSBC’s partner financial institutions (Deposit and Withdrawal)
  - ATMs of SEVEN Bank and CDs/ATMs of the Yucho Bank
• PLUS-linked ATMs in overseas (Deposit)

※In case of deposit and withdrawal by using a HSBC Premier ATM Card, an ATM transaction fee prescribed by HSBC or by any of the HSBC’s partner financial institutions may be levied. Please refer to Fees and Charges for details.

• HSBC Premier Centres
• HSBC ATMs (Balance enquiry only)
• ATMs of the HSBC’s partner financial institutions (Balance enquiry only)
  - ATMs of SEVEN Bank and CDs/ATMs of the Yucho Bank
• PLUS-linked ATMs in overseas (Balance enquiry only)
• Telephone Banking Service
• HSBC Personal Internet Banking

• Applicable interest rate is floating interest rate. You can obtain more information about our interest rates from any of the HSBC Premier Centres, or click here.
• Deposit interest will be calculated on a monthly basis on the last calendar day of every month, and deposited to the account at the end of the next business day.
• Calculation Method: deposit interest will be calculated by applying the Bank’s prescribed interest rates, base on the day-end balance of the account, on a pro-rata basis based on a year of 365 days, where the account balance is one Yen or more at the end of each day. The interest is paid in unit of one Yen.

• Withholding Tax (National tax 15%, Local tax 5%) is deducted from the deposit interest before credited to your account. Please note that taxation is different for non-residence

Multi Currency Savings Account

• Please click here to learn about Multi Currency Saving Account

Other Savings Account（YEN)/For Balance Off-set Mortgage）

• Product Fact Sheet-Other Savings Account

There are 2 kinds of time deposit accounts.

Yen Time Deposit Account

• Product Fact Sheet-Yen Time Deposit

Yen Time Deposit is a Japanese Yen (“JPY”) denominated deposit with a deposit tenure fixed at the time when the deposit is placed; hence, pre-matured uplift of time deposit is not allowed, in principle.

In principle, time deposits should not be cancelled prior to its maturity dates. In the event that the Bank has accepted the customer's cancellation request and customer cancelled the time deposit before its maturity date, the amount of interest for the period starting from the deposit date to the cancellation date will become zero. Hence, only the deposit principal will be credited to your designated Yen Savings Account or Multi Currency Savings Account (Yen).

Minimum Deposit Amount: JPY100,000 per time deposit

Deposit Term: 1-month, 2-month, 3-month, 6-month, 9-month, 12-month, and other terms determined by HSBC.

Deposit Interest

• The interest rate agreed at the time of deposit will be applicable to the time deposit for the interest period. You can obtain more information about our interest rates designated for the respective deposit tenures from any of the HSBC Premier Centres, or click here.
• Interest Calculation: deposit interest will be calculated on a unit of one Yen (JPY 1) for the actual number of days of the interest period over a 365-day year on a pro-rata basis of 365 days in a year (any fractional amount less than one Yen will be rounded down to the nearest Yen).

• HSBC Premier Centres
• Telephone Banking Service
• HSBC Personal Internet Banking

• Withholding Tax (National tax 15%, Local tax 5%) is deducted from the deposit interest before credited to your account.

Multi Currency Time Deposit Account

• Please click here to learn about Multi Currency Time Deposit Account