Dual Currency Investments

A Dual Currency Investment is a non-principal protected investment product with floating return. By linking to the performance of foreign exchange rates, you will have a chance to earn potential return, as well as meet your foreign currency investment needs.

Key benefits

Flexible investment tenor

Choose a suitable investment tenor, ranging from one week to two months, whatever suits your needs best.
Selection of currencies and conversion rates

Choose a currency pair - an investment currency and a linked currency. On the transaction date, choose your preferred conversion rate between the investment and linked currency, based on the exchange rate you agree to convert at maturity.
Cooling-off period

The cooling-off period starts after the subscription is submitted and ends at 7:00 pm on the 7th working day after the subscription submission date. You can cancel the subscription during the cooling-off period (but you can’t cancel the subscription if you have confirmed the transaction and chosen coupon rate and conversion rate after at least 24-hours consideration.) The Bank will release investment amount of the subscription after cancelation.

No early redemption is allowed for this structured deposit product.

Structured Deposit is not a normal deposit, but rather is an investment which involves investment risks. You should act prudently in making the investment decision.

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Other customers

400-820-3090

Please dial the country code of mainland China +86 if you are calling from overseas, Hong Kong SAR, Macau SAR, or Taiwan

1. Suitability

Dual Currency Investment - Product Risk Level: 3 (Medium)
Dual Currency Investment is suitable for investor who satisfies all the following conditions:

(1) the investor’s risk tolerance level is “Balanced” or above;

(2) the investor has the relevant knowledge and/or experience of structured deposit product; and

(3) the investor agrees to take related terms and investment risks of this investment product.

2. How the product works and Fee

Dual Currency Investment includes the following two steps:

Step 1: Choose the investment currency, linked currency, investment amount and investment tenor, sign the sales documents and submit the subscription, and then the cooling-off period starts. You can cancel the transaction during the cooling-off period.

Step 2: If you don’t want to have the transaction cancelled, please log in the Online Trading Platform to confirm the subscription and select conversion rate and coupon after expiry of 24 hours following the submission of the subscription ( or after 6:00 am on the first working day after the expiry of 24 hours if the 24 hours expires on a non-working day). If you don't complete the selection within the cooling-off period, the transaction will be cancelled automatically.

Minimum Investment Amount:

(For subscription made by visiting the Bank’s premises) USD 17,000 or its equivalent in other currencies.

(For subscription through Online Trading Platform) USD 2,000 or its equivalent in other currencies.

The bank observes the market rate at Fixing Time on Fixing Date (the Fixing Rate):

(1) If the investment currency depreciates or slightly appreciates against the linked currency, and does not breach the conversion rate, your principal and coupon will be paid in the investment currency at maturity.

(2) If the investment currency appreciates against the linked currency and breaches the conversion rate, your principal and coupon will be converted to the linked currency at the conversion rate, and paid at maturity.

3. More information

We will provide you the following on product and trade information.

Dual Currency Investment Confirmation Advice and product launch notice: the advice is provided by the Bank after a successful subscription of Dual Currency Investment. The content includes Trade Date, Fixing Date, Maturity Date, Investment Amount, Investment Currency, Linked Currency, Coupon Rate, Conversion Rate etc.
Dual Currency Investment Maturity Advice: the advice is provided by the Bank after Dual Currency Investment is matured, which contains account information, fixing rate, redemption amount at maturity etc.
Composite Statement: Composite Statement is regularly provided on online banking (provided that the customer has registered the same) or by mail according to the customer’s request. The content includes the outstanding Dual Currency Investment’s account information, investment amount, trade date, maturity date, etc.
Material Event Report and Adhoc Information Disclosure: Apart from the above documents, Material Event Report , and Adhoc Information Disclosure are provided through the Bank’s official website and Mobile Banking.

Please contact your Relationship Manager or call our wealth management hotlines to keep updated with product performance.

We reserve the right to add, delete or modify the above information disclosure document(s) and/or related disclosure channels and manners from time to time.

**Basic information of on-shelf and outstanding Dual Currency Investment**
Product name	Product type	Currency	Investment period
Dual Currency Investment	Structured deposit product	USD, HKD, AUD, AUD, CAD, EUR, GBP, JPY, CHF, NZD, and SGD	ranging from one week to two months

**Basic information of on-shelf and outstanding Dual Currency Investment**
Product name	Dual Currency Investment
Product type	Structured deposit product
Currency	USD, HKD, AUD, AUD, CAD, EUR, GBP, JPY, CHF, NZD, and SGD
Investment period	ranging from one week to two months

Fee

It depends on the stipulation of the product contract.

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Structured Deposits This link will open in a new window

HSBC Structured Deposits are usually linked to financial assets such as equities, indices, foreign exchange rates or securities. The potential return of structured deposit products is determined by the performance of the linked financial assets, product portfolio and detailed terms and conditions. Please note that the potential return of the Structured deposit is not a 100% reflection of the actual performance of the underlying assets. Product selection is designed to meet your investment goals and risk appetite, providing you with opportunities to earn potential returns and enhance your wealth potential.

Overseas Investment Plan - QDII Offshore Fund This link will open in a new window

An Overseas Investment Plan lets you invest in a diversified selection of funds and bonds managed by a team of leading fund managers. We help investors take advantage of global market opportunities, allowing you to diversify your risk and expand your global asset allocation.

5. HSBC Insights

In today’s fast-paced financial world, the only way to stay ahead is to be on top of current market events. Tap into our unique market insights and investment analysis to stay informed about the latest trends and regional news with just a few clicks.

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How to invest

1. Visit us and make an appointment

Visit any of our HSBC branches with your valid ID card and register for this service. You can also purchase Dual Currency Investment online.

Opening hours: Monday-Friday, 9:30am-4:30pm (some branches may provide limited weekend service)

This investment product is available for purchase all year round. The transaction date should be during one of the standard opening days of commercial banks in mainland China and Hong Kong SAR, as well as the standard opening days of major banks in the foreign country issuing the currency you would like to invest (including Foreign Exchange and Foreign Currency Deposit).

2. Online banking

You can purchase Dual Currency Investment products via HSBC Online Banking. You need to complete your first transaction at one of our branches before you can begin any online transaction.

Dual Currency Investmen OnlinceTrading Platform* trading hours: Monday to Friday, 6am-7pm

* Applicable to transactions via online banking and mobile banking.

This investment product is available for purchase all-year-round. The transaction date should be during one of the standard opening days of commercial banks in mainland China and Hong Kong SAR, as well as the standard opening days of major banks in the foreign country issuing the currency you would like to invest (including Foreign Exchange and Foreign Currency Deposit).

Frequently asked questions

HSBC Structured Investment products are usually linked to financial assets such as equities, indices, foreign exchange rates or securities. The potential return of Structured Investment products is determined by performance of the linked financial assets, product portofolio, and detailed terms and conditions. Please note that the potential return of the Structured Investments is not a 100% reflection of the actual performance of the underlying assets. We offer structured products related to Foreign Currency Investment in the following two types: Dual Currency Investment (DCI) and Enhanced Yield Investment Product (EYI), which is 100% capital protected at maturity. We will also release other Foreign Currency Investment Products from time to time for customers to chose based on different risk preferences.

Major risks of Foreign Currency Investment Products include:

Return and Principal Risk: Unlike deposits, Foreign Currency Investment has an investment element. The actual return on Foreign Currency Investment is not guaranteed and the investment is not principal protected, so you may suffer a loss in the principal.
Market Risk: Many factors can affect the level of the relevant exchange rates, including the political and economic environment, business conditions, investor sentiment and confidence. All of these factors may have an effect on the local and/or global markets.
Foreign Exchange Risk: You will be subject to fluctuations in the relevant exchange rate, which could affect the amount of the foreign exchange linked coupon payable on this product, either negatively or positively.
Credit Risk: This structured product may involve credit risk of the Product Provider which may affect the ability to meet its payment obligations set out in the agreed terms.
Inflation Risk: You need to consider and recognise that inflation during the tenor of this product may affect the real value of your proceeds under this product.
Concentration Risk: You need to consider whether to diversify your investment and allocate funds across different products to avoid the risk of investment concentration.
Liquidity Risk: You may not be able to liquidate or early redeem all or part of this investment as and when you need to or at an amount equal to or more than the principal amount. In addition, you cannot transfer all or part of the investment.
Tax risk: If any applicable tax law and/or regulation (including interpretation thereof) is/are promulgated or amended in China and/or other territory(ies) and the result thereof is that the payment under this product shall be subject to tax, such tax shall be borne by the customer.

Read all FAQs This link will open in a new window

There is no contractual value in this page and the information above is not and should not be regarded as an offer to sell or a solicitation for an offer to buy any financial product, and should not be considered as investment advice.

The above information is only a brief introduction of the product(s). If you are interested to know more about this product, please contact the Bank and carefully read the product description pack. In the event of any discrepancy, the terms and conditions associated with each product shall prevail.

Dural Currency Investment (“DCI”) is a non-capital protected investment product with floating returns. You may suffer significant loss of principal due to market fluctuation. Dual Currency Investment is not deposit product. The Bank does not provide any guarantee or promise on principal protection or investment return of the product. Structured Deposit is not a normal deposit, but rather is an investment which involves investment risks. You should act prudently in making the investment decision.

Return and Principal Risk: You must recognise the possibility of loss caused by exchange rate fluctuation. Such loss may offset the investment return earned on the investment and may even result in losses in the principal amount of the investment. If you choose Dual Currency Investment, under circumstance of extreme exchange rate fluctuation, the loss may even be the whole principal.
No Early Redemption by Investors: You are not allowed to redeem all or part of the Dual Currency Investment prior to maturity (inclusive). Please ensure you have made adequate provision for emergency cash needs.
Foreign Exchange Risk: If the investment currency or the linked currency is not your base currency, and you choose to convert the investment proceeds back to your base currency at maturity, your returns could be affected negatively or positively due to exchange fluctuations. If you have to exchange from other currencies into the investment currency for the purpose of wealth management, there is also foreign exchange risk in this as well.
For further risk information please refer to Product Subscription Pack.

Dual Currency Investment