HSBC Time Deposits | Term Deposit Account

HSBC VN
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Time Deposits

Choose a deposit term that suits you

Earn attractive returns on your savings with a range of deposit terms to suit you with HSBC's Time Deposit Account which pays a fixed interest rate for a set term. A choice of terms and interest payment frequencies are available.

Apply now for HSBC Time Deposit Account

Enjoy competitive fixed deposit interest rates.

Receive your interest payment every month or only once at maturity.

Select from different deposit terms ranging from 1 week to 36 months.[@depositterms]

Place your deposit in VND, USD, EUR, GBP, AUD, CAD, JPY, SGD or HKD.

What you need to know

Are you eligible?

To apply for an HSBC Time Deposit account, you'll need to:

hold an HSBC transactional account before you can open an HSBC Time Deposit Account;
be at least 18 years old;
deposit at least VND10 million or 1,000 units of foreign currency; and,
be a Vietnamese citizen, or a foreigner permitted to reside in Vietnam for at least six months, with deposit terms not exceeding the remaining validity of the residence permit.

For your application, you'll need a personal account opening form (see 'Important documents'), proofs of address and:

For Vietnamese citizens

Citizen identity card / ID card with integrated chip

For overseas citizens

Passport
Valid entrance visa to Vietnam or equivalent documents
Employment contract or equivalent documents

Got questions on specific documents? Contact us.

Interest rates

Rates and fees

Personal account opening form

Time Deposit / Savings Deposit Account Opening Form (PDF) Download link

General guidance

Terms and conditions

Time Deposit and Savings Deposit Terms & Conditions (PDF) Download link

How to place a VND time deposit via HSBC Vietnam app

Follow these steps to place a time deposit:

Log on to the app, go to 'Accounts' page and tap on 'Time Deposit'.
Review the information and select 'Continue'.
Select your debit account, deposit amount (minimum VND10 million) and deposit term.
Choose your maturity instructions.
Verify the details before tapping on 'Confirm'.

For more details, you can read our HSBC Vietnam App step-by-step guide (PDF). This link will open in a new window

Ready to get started?

Already have a transactional account with HSBC Vietnam?

Log on to HSBC Vietnam app or Online Banking to place a VND time deposit.

Log on to our mobile app

New to HSBC Viethnam?

You'll need to open an HSBC account before placing a time deposit.

To open a time deposit account in foreign currency, please contact the nearest branch/ transaction office for support.

Frequently asked questions (FAQs)

You can change the maturity instruction for your time deposit on the HSBC Vietnam app before the maturity date in just a few steps.

Step 1: Log on to the HSBC Vietnam app and go to the existing time deposit from the Account page.

Step 2: Select 'Update Maturity Instruction' to modify the maturity setup.

Step 3: Choose a new maturity option and enter all required information and select 'Continue'.

Step 4: Review the updated maturity details and tap 'Confirm'.

For more details, you can read our HSBC Vietnam App step-by-step guide (PDF).

Note: Please make sure to submit the new instruction at least 2 working days before your time deposit matures.

Please ensure the new instruction is submitted at least 2 working days before your account matures. If you update the maturity instruction closer to the current maturity date, we won't be able to record it for this cycle. In case your deposit doesn't meet eligibility conditions, the option to update may not be available.

After you confirm to 'Renew principal and interest' or choose the option to ‘Adjust deposit for renewal’ for your time deposit, we'll keep renewing it until you instruct otherwise. The interest rate will be the prevailing standard interest rate on the date of renewal. If a promotional rate was applied to your initial deposit, that interest rate won't be applicable to the next cycle. You can review the deposit details including the confirmed interest rate for the renewed time deposit via the HSBC Vietnam app.

If you'd like to change the maturity instruction, you can update it via the HSBC Vietnam app, at least two working days before the maturity date.

Yes, you can. You can change the maturity instruction multiple times as long as you update it at least two working days before the maturity date. We'll follow your latest instruction accordingly.

Please note:

If a 'Renew principal and interest' instruction has been set up for the deposit, the interest rate will be the prevailing standard interest rate on the date of renewal.
For the maturity option 'Renew principal only', the time deposit will be renewed with the principal amount, and the interest will be transferred to your selected account.
For the 'Do not renewal' maturity option, the time deposit will not be renewed. The entire principal and interest amount will be transferred to your selected account.
If you choose the 'Adjust deposit for renewal' option, you can add or withdraw funds at maturity to change the total deposit balance and deposit term. We’ll apply the adjustment at maturity and continue renewing the deposit until you instruct otherwise.

For an early time deposit withdrawal, please send us a secure message via online banking. You can also contact our branches or transaction offices for assistance.

The maximum deposit amount can't be higher than your online banking or HSBC Vietnam app limits.

Follow these steps to place a time deposit:

Log on to HSBC Online Banking.
Under 'Service links', select 'Time Deposit'. Or from 'Quick links' menu, select 'Open Time Deposit'.
Choose your preferred type of deposit from the dropdown.
Select the term of the time deposit.
Choose the account to debit and input the amount (minimum VND10 million) to be deposited.
Accept the terms and conditions and select 'Continue' to proceed.
Review and confirm the deposit details.

HSBC Time Deposit Account

Choose a deposit term that suits you

Key benefits

Get attractive returns

Choose your interest payment frequency

Enjoy flexible deposit terms

Save in your choice of 10 currencies

What you need to know

Are you eligible?

Documents you need to apply

Interest rates and fees

Important documents

How to place a VND time deposit via HSBC Vietnam app

Follow these steps to place a time deposit:

Ready to get started?

Already have a transactional account with HSBC Vietnam?

New to HSBC Viethnam?

Frequently asked questions (FAQs)

Can I change the maturity instruction for my time deposit in the HSBC Vietnam App?

I updated my time deposit instructions in the mobile app a few days ago. Why was the account not renewed according to the updated instruction?

If I select 'Renew principal and interest' or ‘Adjust deposit for renewal’ for my time deposit, how many times will the deposit be automatically renewed?

Can I modify the maturity instruction for my time deposit more than once via the HSBC Vietnam app?

I want to withdraw my deposit before the maturity date. How can I do that?

What are the online time deposit limits for Personal Banking and Premier customers?

How to place a time deposit through online banking

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