This special type of deposit offers an alternative form of investment at a time of markets volatility.
The deposit has the potential to earn above market returns upon the completion of a certain set of criteria during the period of the respective deposit.
The set of criteria may be linked, for example, to the spot foreign exchange market or, alternatively, a level of interest rate fixing in the London Interbank Market.
In all cases, the customer will receive full repayment of the principal deposit and depending upon the satisfaction of the criteria, a payment of interest (please note that interest may not accrue for the periods the criteria are not met).
These products are ‘interest at risk’ products and, thus, if the underling assets do not perform within the specified range or index, no interest will be paid. You should only invest in these products if you understand and can accept the risks and possible consequences.
