Accumulating Time Deposit
It is a Time Deposit that, on the respective renewal / maturity date, together with accured interest, automatically accumulates with the pre-defined amount to the principal of the Time Deposit.
What are the benefits for me?It was specially designed for customers who, having a pre-defined savings plan, but do not want to bother to come to the Bank every time just for this purpose. It will be automatically capitalized each period.
In which currencies can I have an Accumulating Time deposit?In MOP, HKD, USD, EUR or CNY.
What is the term for this deposit?Accumulating Time Deposit can be of 1, 3 or 6 months.