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Personal Banking > Structured Deposits > UOB Structured Deposit – Swing Deposit

UOB Structured Deposit – Swing Deposit
Delivering the winning formula

Please note that applications for UOB Structured Deposit - Swing Deposit closed on 20 Dec 2005. Below is a snapshot of the Account.

Features of Swing Deposit*
  • 100% of your principal is guaranteed upon maturity #.
  • Tenor of three years.
  • Guaranteed interest of 1.5% per annum ("p.a") of the Deposit Amount, payable each year (equivalent to a minimum effective interest rate of 1.5% p.a.), if the structured deposit is held to interest payment date.
  • Bonus interest is calculated using the absolute value of the average month-on-month return of the Straits Times Index^ in each year. In addition to the guaranteed annual interest, you can receive a potential annual bonus interest!
  • Participation Rate is fixed at 35% .

Notes:
* Terms and conditions apply, please refer to Swing Deposit term sheet.
# The 100% principal guarantee is applicable only upon maturity in its denominated currency. If your structured deposit is withdrawn before the maturity date or early redemption date, you may receive less than the principal amount.
^ The UOB Structured Deposit - Swing Deposit (the "Product") is not in any way sponsored, endorsed, sold, or promoted by SPH Data Services Pte Ltd or Singapore Press Holdings Ltd (collectively, the "Index Sponsor"), and the Index Sponsor bears no liability in connection with the administration, marketing or trading of the Product. No warranty or representation or guaranty of any kind whatsoever relating to the Straits Times Index (the "ST Index") or the Product is given by the Index Sponsor. The Index Sponsor is entitled to all intellectual property rights in the ST Index.

Monitor the performance of your structured deposit at:

Swing Deposit Tracker (PDF: 28KB)


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