Pairing two currencies for substantially higher returns
| This is a structured product involving derivatives. The investment decision is yours but you should not invest in the "Maxi-Yield Deposit" unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives. |
You can choose your two currencies (viz., the Main Deposit Currency and an Alternate Currency) from a wide range of major currencies, a reference exchange rate and tenor of deposit.
Your Benefits
- A choice of AUD, CAD, CHF, EUR, GBP, JPY, NZD, SGD and USD
- Enjoy a flexible choice of tenors ranging from 2 weeks to 1, 2, 3, 6 and 12 months
- Gain higher interest rate versus ordinary FD rate
- Opportunities to buy alternate currency at a lower price versus current market price
- Upon maturity of the fixed deposit, receive the principal and interest earned in either the Main Deposit Currency or the Alternate Currency, whichever is the weaker currency. The weaker currency is determined by comparing the pre-agreed exchange rate at the start of the placement with the prevailing exchange rate two business days before the maturity date of the deposit
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A minimum deposit of US$50,000 or its equivalent is required. Please note that automatic renewal on maturity date or pre-mature uplift of deposit is not allowed. You do not have to pay any fees to maintain the account.
To apply, visit any UOB Group Branch to open an account.
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