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Dual Currency Deposits

Dual Currency Deposit

Why should I opt for a Dual Currency Deposit (DCD) with HSBC?

  • It offers you a chance to enjoy potentially higher returns as opposed to the traditional local or foreign currency savings or time deposits
  • We offer you an option of 9 major currencies to choose from (for both deposits and linked currencies).
  • Investment tenures ranges from one to three months.
  • Committed interest payment at maturity irrespective of whether the maturity proceeds are paid in the deposit currency or linked currency.
  • Enjoy maximum financial flexibility with a Sri Lankan Rupee credit facility of up to 85% of the deposit value.

What is a Linked Currency?

Linked currency is the currency that you pair your deposit currency with in a DCD. It should be a currency which you are comfortable to take a view on, based on how it will perform against your deposit currency.

Would a Dual Currency Deposit meet my investment criteria?

A DCD is likely to be suitable for you if you:

  • Have a high risk appetite.
  • Are willing to hold either the deposit or the linked currency.
  • Have an actual need to hold the linked currency and look forward to purchasing it at a more favourable exchange rate (compared to the spot rate on the trade date).
  • Believe the enhanced yield justifies any potential currency depreciation.

Click hereHow it works

Terms and Conditions


The Terms and Conditions are for customer information purpose only and the bank reserves the right to amend change or modify the Terms and Conditions at any time.

Need more information?

For further information, please talk to your Relationship Manager, call our Customer Service Centre on +94 11 4 4722 72 or stop by at your nearest Branch. You could also contact us via e-mail