Up to 6.25% interest per annum

Following the success of the latest Equity Linked Deposit Account (ELDA) Currencies issued last December, HSBC Malta launched another ELDA issue on 14 February. ELDA offers depositors capital security and the potential of higher annual returns than those normally offered by other deposit accounts. The ELDA Currencies II will be offered in three currency denominations, euro, British pound and US dollar.

Customers will once again be able to benefit from a return linked to the performance of a currency basket composed of the Brazilian real, Russian rouble, Indian rupee, and the Chinese renminbi against the euro, the British pound or the US dollar depending on the denominated currency chosen. This four year fixed deposit account can yield up to 6.25 per cent interest per annum for the euro and British pound options, or up to 5.1 per cent per annum for the US dollar option. Minimum deposit required to open an ELDA account is €2,500, £2,500 or US$2,500 respectively.

The closing date for this limited issue is 24 March, but the bank may close the offer earlier if it is oversubscribed.

More information about the ELDA Currencies II can be obtained from our Customer Service on 2380 2380, on HSBC’s website at www.hsbc.com.mt or HSBC branches in Malta and Gozo.