Open a Foreign Currency Savings Account with Standard Chartered, you may enjoy unique benefits that give you maximum return on your investment and in a choice of 8 major currencies.
Foreign Currency Savings Account Features
Range of Foreign Currencies for Selection
Choice of 8 major currencies: AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD.
Monthly Interest
Monthly simple interest.
Opening Balance
Minimum opening balance of Foreign Currency Savings Account is 200 in any currencies except Yen, which is ¥20,000.
Risk Disclosure Statement
Foreign exchange involves risks. Fluctuation in the exchange rate of a foreign currency may result in gains or significant losses in the event that the customer converts deposit from the foreign currency to another currency (including Hong Kong Dollar).
Renminbi (“RMB”) exchange rate, like any other currency, is affected by a wide range of factors and is subject to fluctuations. Such fluctuations may result in gains and losses in the event that the customer subsequently converts RMB to another currency (including Hong Kong dollars); and
RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong is subject to restrictions specified by the Bank and regulatory requirements applicable from time to time. The actual conversion arrangement will depend on the restrictions prevailing at the relevant time.
