Foreign Exchange Offer | Hang Seng Bank

Time-limited Foreign Exchange Offer

25% FX Spread Discount for Selected Customers

From 16 January 2025 to 31 March 2025, you can enjoy a 25% FX spread discount⁴ on foreign currency exchange with a single FX transaction amount reaching the specified amount stipulated in the relevant promotion material via Hang Seng Personal e-Banking or Hang Seng Mobile App.

Illustration for 25% FX Spread Discount
(Example of a Prestige Banking customer exchange GBP200,000 from HKD online)

GBP/HKD
Bank Sell Rate

Required Amount

Original Rate:
9.7390*

HKD1,947,800

25%
FX Spread Discount

Rate After Discount:
9.7322*

HKD1,946,436

Saving
Amount:

HKD1,364

* The exchange rates as shown on the illustration above are indicative and for reference only. You may check on the latest exchange rate by the time when conducting the related transaction.

Besides, you can enjoy bonus interest by exchanging designated foreign currencies
with at least HKD10,000 or its equivalent and setting up a 1-week or 1-month time deposit at the same time! T&Cs apply.

View details

Terms and Conditions for “25% FX Spread Discount for Selected Customers” Promotion (the “Promotion”):

The promotion period is from 16 January 2025 to 31 March 2025, both dates inclusive (“Promotion Period”).
The Promotion is only applicable to selected customers who have received the relevant promotion material(s) and hold valid sole-named and/or joint-named personal integrated account(s) (including Prestige Private, Prestige Banking, Preferred Banking and Integrated Account) (“Eligible Account”) of Hang Seng Bank Limited (“the Bank”). Only the principal account holder is eligible for the Promotion if the Eligible Account is a joint account (“Eligible Customer(s)”).
Each Eligible Customer can enjoy a 25% FX spread discount for conducting real-time currency exchange successfully with a single transaction amount reaching the specified amount stipulated in the relevant promotion material under his/ her Eligible Account via “Foreign Exchange Service” of Hang Seng Personal e-Banking or Hang Seng Mobile App during Promotion Period (“Eligible Transaction(s)”).
“25% FX spread discount” refers to reduction of 25% on sales margin normally charged for FX transaction by the Bank. Other mark-up applied to the exchange rate for operational reasons will not be waived.
When Eligible Customer conducts an Eligible Transaction, the discount will be automatically applied as the exchange rate upfront. The discounted exchange rate must be shown on the screen at the time of the transaction and confirmed by the customer on the “Verify Instruction” page in order for a transaction to qualify for the Promotion. The Bank will not perform any subsequent rebate afterwards.
For any cross currency exchange, the relevant amount will be converted into the Hong Kong Dollar equivalent with the exchange rate solely determined by the Bank on the transaction day, so as to calculate the relevant transaction amount in the Hong Kong Dollar equivalent.
Any transaction(s) via exchange channels other than “Foreign Exchange Service” of Hang Seng Personal e-Banking and Hang Seng Mobile App will not be counted as Eligible Transaction. In case of disputes, the decision of the Bank on the customer’s eligibility to enjoy this Promotion shall be final.
This Promotion is not applicable to foreign exchange transaction(s) involving notes exchange, cash deposit, notes withdrawal, inward remittance, Overseas Transfer Service, Global Money+, FX Order Watch Service, foreign exchange transaction(s) via Passbook Savings Account and foreign exchange transaction(s) made on pre-defined dates by way of forward dated instruction(s).
Each Eligible Customer can enjoy this Promotion more than once during the Promotion Period.
Unless otherwise specified, this Promotion cannot be used in conjunction with other foreign exchange or exchange rate offers of the Bank.
Unless otherwise specified, this Promotion is not applicable to corporate account customers and Private Banking customers.
No person other than the Eligible Customer and the Bank (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provisions of these Terms and Conditions.
These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
These Terms and Conditions are subject to prevailing regulatory requirements.
The Bank reserves the right to suspend, vary or terminate this Promotion and the relevant offers at any time and to amend the relevant Terms and Conditions from time to time without prior notice.
In case of any disputes, the decision of the Bank on all matters relating to the Promotion and the relevant offers shall be final and binding on all the parties concerned. The Promotion and the relevant offers are subject to the terms and conditions for the relevant products or services. If there is any inconsistency between the terms and conditions for the relevant products or services and these Terms and Conditions, these Terms and Conditions shall prevail.
In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.

RMB Currency Risk
Renminbi ("RMB") is subject to exchange rate risk. Fluctuation in the exchange rate of RMB may result in losses in the event that the customer subsequently converts RMB into another currency (including Hong Kong Dollars). Exchange controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. RMB is currently not freely convertible and conversion of RMB may be subject to certain policy, regulatory requirements and/or restrictions (which are subject to changes from time to time without notice). The actual conversion arrangement will depend on the policy, regulatory requirements and/or restrictions prevailing at the relevant time.

Foreign Currency Risk
Foreign Exchange involves Exchange Rate Risk. Fluctuations in the exchange rate of a foreign currency may result in gains or losses in the event that the customer converts the deposits from foreign currency to another currency, and/or in the event that the customer converts a foreign currency time deposit to another currency (including Hong Kong Dollar) upon maturity.