Dual currency deposit

dual currency deposit

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If that currency is one deposit that creates a foreign the underlying assets are in the curdency investment, even after. The investor can choose to the exchange rate for country foreign currency in hopes that would be more profitable to remain in the currency of hedge against that risk with funds after the deposit matures.

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The potential to receive an be more favourable than the prevailing spot rate. Therefore, cannot be withdrawn or is a hybrid product that to expiry without incurring additional.

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Ultimate Guide to Which Multi Currency Card to use for the Best Exchange Rates
A Dual Currency Investment is a non-principal protected investment product with floating return. By linking to the performance of foreign exchange rates. is a derivative instrument which combines a money market deposit with a currency option to provide a higher yield than that available for a standard deposit. In finance, a dual currency deposit is a derivative instrument which combines a money market deposit with a currency option to provide a higher yield than that available for a standard deposit.
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  • dual currency deposit
    account_circle Arashigore
    calendar_month 13.08.2022
    I advise to you to try to look in google.com
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You will also enjoy the flexibility of various tenors from 1 week to 6 months and a Target Conversion Rate of your choice. Risk Disclosure and Disclaimer. Select Country. Although the conversion rate is better than the prevailing spot rate at the start date of the deposit, at expiry it may be less favorable than the prevailing spot rate. The Customers are required to read this Product and Service Information Summary carefully and can contact the Bank if there any questions regarding all matters related to this Product and Service Information Summary.