Dual Currency Deposit

A Dual Currency deposit is a foreign exchange linked structured deposit that can earn you higher interest and at the same time, meet your needs for foreign currencies. It is exposed to market risks, such as foreign exchange and interest rates risk. To compensate for the higher risks, the returns are usually higher than the returns for normal time deposits. In exchange for this enhanced return, you will give the Bank the right to repay your investment and return in either the base or linked currency at maturity, depending on the                                   exchange rate.