ICBC (Asia) Money Market Account (MMA) can serve not only as your settlement account for share securities trading, but also separately as your savings account to earn higher interest on your capital.

With our Money Market Account, you can enjoy the following unprecedented financial convenience and fabulous interest returns.

• Higher Return than Normal Savings Account

          Money Market Account offers interest at the Money Market

          Account MMA Rate, a daily floating rate linked to the Interbank

          Rate. Your return will increase when the Interbank Rate goes up.           Just maintain a daily balance of HKD100,000 / USD15,000 /

          EUR 15,000, you can enjoy the special interest return.

Account Daily Balance	Interest Rate (p.a.)
Below HKD100,000 Below USD15,000 Below EUR15,000	No Interest
HKD100,000 - below HKD800,000 USD15,000 - below USD100,000 EUR15,000 - below EUR100,000	MMA Rate1or SAV2 , whichever is higher
HKD800,000 or above USD100,000 or above EUR100,000 or above	MMA Rate + 0.25% or Overnight HIBOR3 - 0.75% / Overnight LIBOR4 - 1.625%, whichever is lower (Min. SAV)

 

Notes:

1. MMA (Money Market Account) Rate equals to the HKD Interbank Offered Rate minus 1% or USD or EUR Interbank Rate minus an interest spread, or HKD Savings Interest Rate, whichever is higher and is determined by the Bank from time to time at its absolute discretion with reference to the general market situation.
2. SAV refers to the HKD or USD or EUR savings interest rate as announced by the Bank from time to time.
3. HIBOR refers to the Hong Kong Interbank Offered Rate and is applicable to HKD account.
4. LIBOR refers to the London Interbank Offered Rate and is applicable to USD and EUR accounts.

 

• Wider Choice on of Currencies

          You can open a Money Market Account separately with a choice of

          HKD, USD and EUR

• Waiver of Low Balance Service Fee

          Unlike other deposit accounts, no low balance service fee will be

          imposed.

• Easy Account Management

           You will receive monthly consolidated statements providing an at-

           a-glance summary and transaction details of your entire portfolio.?

           You can also manage your finances with ease via our Personal

           Internet Banking, Commercial Internet Banking, Phone Banking

           and ATMs any time

Act Now!

The minimum initial deposit is just HKD10,000 for HKD Money Market Account or USD/EUR1,500 for Multi-Currency Money Market Account.? Please visit any of our branches to open an account now to experience all the benefits.

 

How to find out more

•   Email us
•   Phonel our Customer Services Hotline on 218 95588
•   Visit any our branches