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Deposit Plus

What is Deposit Plus?
Deposit Plus is an alternative form of time deposit linked to a currency option which enables you to maximise your wealth potential while meeting your foreign currencies need. By taking advantage of exchange rate movements, it offers you the opportunity to earn higher interest above that of normal time deposits.

How is the Integrated Account Secured Credit Facility Loan Ratio calculated when the Deposit Plus deposit date is 2 business days after the application submission?
After the Deposit Plus order placement on trade date and before deposit date:

  • For order with deposit currency in foreign currency (FCY), the order 'hold amount' will be deducted from the account available balance and thus will not be included in the Credit limit of Secured Credit Facility calculation. The Credit limit of Secured Credit Facility will drop during the period accordingly since FCY deposit has been included in the Credit limit of Secured Credit Facility calculation before trade date.
  • For order with deposit currency in HKD, the order 'hold amount' will also be deducted from the account available balance and will not be included in the Credit limit of Secured Credit Facility calculation. Yet, the Credit limit of Secured Credit Facility will not be affected during the period since HKD deposit has not been included in the Credit limit of Secured Credit Facility calculation before trade date.
On DPS deposit date, i.e. on trade date + 2 business days,
- Order amount in any deposit currency will be included in the calculation of Credit limit of Secured Credit Facility until it is uplifted on maturity date

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