Deposit Protection Scheme

Mashreq Bank PSC is a member of the Deposit Protection Scheme in Hong Kong.

Following Deposits are protected by the Deposit Protection Scheme in Hong Kong:

Deposits in savings and current accounts (personal, joint* or companies)
Time deposit with maturity not exceeding five years
Secured deposits *Holders of a joint account are deemed to have an equal share in the deposits concerned

Mashreq would like to point out that the following deposits /financial products are not protected deposits under the DPS Ordinance and are not protected by the Scheme:

Time Deposits longer than 5 years in maturity
Structured Deposits (such as foreign currency linked deposits)
Bearer Instruments (such as bearer certificate of deposits)
Offshore Deposits

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