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Interest Rate will be adjusted upwards only
Guaranteed Higher Interest Returns
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Usually the interest rate for fixed deposits is fixed upon opening the account. Even if the market rate subsequently rises tremendously, customers cannot benefit. Dah Sing Privileged Fixed Deposit allows the fixed-deposit interest rate during the deposit period to follow the market rate and be reviewed and adjusted upwards monthly, subject to a maximum of 2% p.a. above the interest rate set upon account opening (i.e. initial deposit rate)*; while if the market rate decreases, your interest rate will not go down. That means, your interest rate will only be adjusted upwards and your deposit returns will only be increased. |
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Trend of Market Interest Rate |
Privileged Fixed Deposit Interest Rate |
Upwards |
Automatically adjusted upwards to follow the market rate, subject to a maximum of 2% above the initial deposit rate. |
Downwards |
Initial deposit rate still applies, not affected by the downwards market rate. |
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Deposit of Foreign Currency Bank Draft or Cheque earns “Same Day Value” |
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Normally if you use a foreign currency bank draft or cheque to open a fixed deposit account, there may be a long period without interest paid, or an expensive service charge to be levied. However, if you open a Dah Sing Privileged Fixed Deposit account by depositing a foreign currency bank draft or cheque, you can enjoy the privilege of “same day value” with no service charge **. |
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Various Currency Options & Deposit Periods |
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Choose HKD, or one of up to eight foreign currencies; and flexible deposit periods varying from 3 to 12 months to meet your needs. |
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Minimum Deposit Amount: |
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| Currency |
Minimum Deposit Amount |
| HKD |
HKD100,000 |
| AUD |
AUD20,000 |
| CAD |
CAD20,000 |
| CHF |
CHF20,000 |
| EUR |
EUR20,000 |
| GBP |
GBP20,000 |
| JPY |
JPY2,000,000 |
| NZD |
NZD20,000 |
| USD |
USD20,000 |
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Forward Booking of Exchange Rate to protect your returns |
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Forward booking of exchange rate is available so that your can avoid possible losses resulting from exchange rate fluctuations. |
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Overdraft Facility |
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An overdraft facility of up to 95% of the deposit amount in HKD or equivalent allows you to handle your funds more flexibly. |
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Free 24-hour Phone Banking Services & e-banking Service |
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You can handle your Privileged Fixed Deposit Account via our automated Phone Banking service and e-banking service; e.g. open a Privileged Fixed Deposit by transferring funds from your i-Account or general Savings / Current Account. Moreover, before maturity, you can set up, change or cancel deposit maturity instructions. So you can flexibly allocate your deposit principal and interest earned for better financial management. |
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| Act Now! |
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| Opening an account is very easy. The minimum deposit amount is just HK$100,000. Please visit any Dah Sing Branch to open an account now. For enquiries, please call 2828 8000. |
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* During the deposit period, on a monthly basis, the prevailing 1-month deposit rate of individual currency will be used to compare with the interest rate upon fixed deposit creation. If the review days is Saturdays or Holidays, it will be postponed to the next business day. Customers can enjoy the higher interest rate after comparison, subject to a maximum of 2% p.a. above the initial deposit rate.
** All out-of-pocket expenses for deposits of foreign currency bank draft / cheque (such as drawee bank / corresponding bank charge) will be borne by the customers.
# Automated phone banking services cannot provide the service of account opening and maturity instruction for Privileged HKD Fixed Deposit at the present time. |
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