Fixed Term Deposit

• Interest is calculated daily and paid at maturity.
• At the end of the term, your deposit will be automatically renewed for the same period, unless you tell us otherwise.
• Charges apply if you make a withdrawal prior to the maturity of your Fixed Term Deposit.[@fixedtermdepositearlyclosure]

Your Expat accounts will be held in Jersey, Channel Islands, a secure offshore jurisdiction and one of the world's leading international finance centres, as recognised by the Organisation for Economic Cooperation and Development (OECD).

If you’re already an HSBC Expat customer, you can open a Fixed Term Deposit account in online banking.

If you’re not yet an HSBC Expat customer, find out more about our services and apply for an account online.

Unless you tell us otherwise, your deposit will be automatically renewed for the same period at the live rate on the day of reinvestment.

If you don’t want to renew for the same term, you can change your maturity instructions in online banking.

You can choose to:

If you want to change your instructions, you must tell us at least 2 days before your account matures.

If you want to pay your funds into an account of a different currency, we’ll complete a foreign exchange using the live rate on the day your account matures.

You can change what happens to your Fixed Term Deposit when it matures in online banking.

If you want to change your instructions, you must tell us at least 2 days before your account matures.

Fixed Term Deposits are designed to be held for the whole term, and you shouldn't plan to access your money during that time.

To withdraw your money at the end of the term, you need to nominate an HSBC Expat account in your maturity instructions. You can update this information in online banking, but we must receive any new instructions at least 2 days before your account matures.

If you need to access your funds before the end of the term, this can be arranged for a fee. You can view our latest fees in our Tariff of Charges. Be aware you may get back less money than you deposited if you close your Fixed Term Deposit account early. Partial withdrawals are not available.