Business Deposits Accounts

HSBC Commercial Banking offers variety of deposit accounts with competitive market interest rates to meet your short, mid, long term needs in domestic and foreign currencies.

Please consult your Relationship Manager for current interest rates.

Business Current Account
Deposit Term : None
Provides you with the easiest solution in handling your normal day-to-day operations. Business Current Account serves as your funding account that compliments your other HSBC deposit accounts and financing facilities.
* Minimum Deposit Opening : KRW 10,000,000
* This product is protected by the Depositor Protection Act.

Business Savings Account
Deposit Term : Short
Interest bearing deposit account that provides liquid shelter for your funds. This account is ideal for funds that are to be used within a short period of time.
* Minimum Deposit Opening: KRW 50,000,000
* This product is protected by the Depositor Protection Act.

Money Market Savings Account (MMDA)
Deposit Term : Short
Gives you the features of the Business Savings account while awarding a higher interest rate for your deposits. This account is ideal for businesses that have large amounts of liquid funds with no immediate need.
* Minimum Deposit Opening : KRW 50,000,000
* This product is protected by the Depositor Protection Act.

Term Deposit
Deposit Term : 1 Month~ 5 Years
Provides you with a higher rate of return with minimal risk for your funds compared to other deposit accounts. Simply choose the amount and the duration of the deposit and wait for the interest payment on maturity. This account is ideal for customers who have a large amount of cash that can be locked in for a specific period of time.
* Minimum Deposit Opening : KRW 50,000,000
* This product is protected by the Depositor Protection Act.

Free Installment Deposit
Deposit Term : 1 Month~ 5 Years
Ability to deposit freely during the pre-designated period that returns principle plus competitive interest at maturity.
* Minimum Deposit Opening : KRW 1,000,000
* This product is protected by the Depositor Protection Act.
* Product under development

Certificate of Deposit
Deposit Term : 1 Month~ 5 Years
Provides you with a higher rate of return with minimal risk for your funds. Simply choose the amount and the duration of the deposit and wait for the interest payment on maturity. This account is ideal for businesses that seek flexibility while having the opportunity to earn higher interest by committing to a pre-agreed term.
* Minimum Deposit Opening : KRW 50,000,000
* This product is not protected by the Depositor Protection Act.

Savings Account
Savings account is the most basic and simple transactional account with various currencies.
* Possible to use either passbooks or statements
* Easy banking transactions via auto-banking facilities (Internet Banking / Phone Banking)
* This product is protected by the Depositor Protection Act.

Term Deposit
Deposit Term : 7 Days~60 Months
Provides you with a higher rate of return with minimal risk for your funds compared to other deposit accounts. Simply choose the amount and the duration of the deposit and wait for the interest payment on maturity. This account is ideal for customers who have a large amount of cash that can be locked in for a specific period of time.
* This product is protected by the Depositor Protection Act.

Please contact the Commercial Customer Service Centre at 1588-7639 or visit a Commercial Banking Centre for more details.