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Fixed Deposits

Overview

Our Fixed Deposit Account can earn you a greater return on your money than a savings account. The maturity date can be fixed from one week to one year, offering flexibility at competitive rates of interest. After the year is up, there is an option to roll over.

 

Need more information?

Call us on +1 441 299 6644

Key features and benefits

  • The Fixed Deposit can be established in Bermuda or US Dollars and for a standard time period of your choosing
  • The rate of interest is based on the prevailing market rates.
  • Deposit is secured by the Bank’s balance sheet
  • Superior return to that of savings accounts
  • No administrative charges

What you should know before you apply

  • Interest paid at maturity
  • Penalty applies only if deposit is redeemed prior to maturity date

The value of investments and any income they generate can go down as well as up, meaning you may not get back the full amount you invested. Past performance is not indicative of future performance.

These products and services are offered only in jurisdictions where and when they may be lawfully offered by HSBC Global Asset Management (Bermuda) Limited and the material on these pages is not intended for use by persons located in or resident in jurisdictions which restrict the distribution of this material by us. Persons accessing these pages are required to inform themselves about and observe any relevant restrictions.

These pages should not be regarded as an offer or solicitations to sell investments or make deposits in any jurisdiction to any person to whom it is unlawful to make such an invitation or solicitation in such jurisdictions.

This information is not intended to provide professional advice and should not be relied upon in that regard. Persons accessing these pages are advised to obtain appropriate professional advice where necessary.

HSBC Bank Bermuda Limited is licensed to conduct banking and investment business by the Bermuda Monetary Authority. HSBC Global Asset Management (Bermuda) Limited is licensed to conduct investment business by the Bermuda Monetary Authority.

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