Important Notice

The minimum placement amount for the Foreign Currency Time Deposits Promotion is S$50,000 equivalent and the maximum placement amount is S$999,999 equivalent in fresh funds only i.e. the funds placed must not be transferred from existing OCBC Bank deposit accounts or in the form of OCBC cheques/cashier’s orders/demand drafts. All promotional interest rates and tenures are valid for a limited period only and are subject to change by OCBC Bank at its sole discretion without prior notice. Foreign currency deposits are subject to inherent exchange rate fluctuations that may provide opportunities and risks. Earnings on foreign currency deposits would be dependent on the exchanges rates prevalent at the time of their maturity if any conversion takes place. Exchange controls may be applicable from time to time for certain foreign currencies. You should therefore determine whether any foreign currency deposit is suitable for you in the light of your investment objectives, financial means, and risk profile. Any pre-termination costs will be deducted from your deposit. The decision of OCBC Bank on all matters relating to this promotion shall be final and binding. Terms and conditions Governing Deposit Accounts apply. OCBC reserves the right to waive/vary/amend any of these terms and conditions without prior notice.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Please note that investment involves risks, including the substantial loss of the principal amount invested. The prices of investment products may move up or down, sometimes dramatically, and may become valueless. Past performance is not indicative to future performance. It is as likely that losses will be incurred rather than profits made as a result of buying and selling in investment products. If the investment involves Renminbi, you should note that the value of Renminbi against other currencies fluctuates and will be affected by, amongst other things, the PRC’s government control. You should also note that Renminbi is currently not freely convertible and the offshore Renminbi exchange rate may deviate significantly from the onshore Renminbi exchange rate. Foreign currency-denominated transactions involve currency risks. Fluctuations in currency rates may result in significant losses in the amount invested in the event that the currency denomination of the transaction exchanges to another currency.

Nothing in the above material constitutes an investment advice or an offer or an inducement to any person to acquire, purchase or subscribe for any investments, products or services referred to herein. Investor should not invest solely based on the above material. You should carefully read the offering documentation for detailed product information and risk factors prior to making any investment decision. If you have any doubt, you should seek independent professional advice. This above information is prepared by OCBC Bank, the contents have not been reviewed by any regulatory authority in Hong Kong.

Risk Disclosure and Important Notice – Unit trusts

This is an investment product and some may involve derivatives. The investment decision is yours but you should not invest in the unit trust 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.

The above material is for reference only. It does not constitute any offer, solicitation or recommendation of any investment product.

Investment involves risks, including the substantial loss of the principal amount invested. Unit Trust is not equivalent to time deposits. The prices of unit trust may move up or down, sometimes dramatically, and may become valueless. Past performance is not indicative to future performance. You should be aware of exchange rate risk if investing in the unit trusts which is not denominated in local currency funds. Investment in particular unit trusts (e.g. emerging markets fund, commodity funds, small cap company fund, high yield bond funds, etc) may involve higher risk. Investor should not invest solely based on the above material and you should read and consider the relevant offering documents before making any investment decision. You should also seriously consider if the investment in the relevant unit trusts is suitable for you in light of your own financial resources and position. Investment objectives, investment experience, risk profile and other relevant circumstances before making any investment decision.

If necessary, please obtain independent professional advice before making any investment decision.

Risk Disclosure and Important Notice – Currency-linked Deposit (“CLD”)

NOT a time deposit – CLD is an unlisted structured investment product, which involves derivatives in a time deposit and is not equivalent to nor should it be treated as a substitute for a traditional fixed deposit.

NOT protected deposit – CLD is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.

NOT covered by Investor Compensation Fund – CLD is not listed on any stock exchange and is not covered by the Investor Compensation Fund established under the Securities and Futures Ordinance in Hong Kong.

Derivatives risk – CLD is embedded with FX Option. Option transactions involve risks, especially when selling an option. Although the premium received from selling an option is fixed, you may sustain a loss well in excess of such premium amount, and your loss could be substantial.

Limited potential gain/return – The maximum potential gain/return is limited to the pre-determined Interest Amount in Deposit Currency calculated based on the Interest Rate and Principal Amount. Even your view on the price movement of the Linked Currency is correct; the return of the CLD is already fixed.

No principal protection at maturity/ expiry – CLD is not principal protected as mentioned in “Maximum potential loss” below.

Maximum potential loss – CLD is not principal protected. The return depends on the market conditions prevailing on the Exchange Rate Fixing Date. You might be subject to the risk of the fluctuation of the Linked Currency and could lose all of your investment. You may lose the entire Principal Amount. In addition, if the deposit is leveraged using borrowed funds, this can dramatically change the risk / reward aspects of the transaction.

Not the same as buying the Linked Currency – Investment in CLD is not the same as buying the Linked Currency directly.

Market risk – The return of CLD is linked to the exchange rates of the Deposit Currency against the Linked Currency. Movements in exchange rates can be unpredictable, sudden and drastic, and affected by complex political and economic factors.

No guarantee or collateral – CLD is not secured by any collateral, and is subject to the “Credit and insolvency risks of the Bank” as mentioned below.

No first priority to collateral realization proceeds – CLD is not backed by any collateral, thus you are no longer having the right to realize the collateral or gain any priority to the entire collateral realization proceeds.

Credit and insolvency risks of the Bank – When you invest CLD, the Bank has performance obligations to you and you will be relying on the Bank’s creditworthiness, internal systems, process and procedures to fulfill such obligations. If the Bank becomes insolvent or defaults on its obligations under CLD, the settlement of the CLD is subject to the credit and insolvency risks of the Bank itself, and you will be ranked as an unsecured creditor of the Bank. In the worst case, you may lose your entire Principal Amount and receive no interest, irrespective of the performance of the Linked Currency and the terms of your CLD.

No liquid secondary market – There is no secondary market for you to sell your CLD prior to its maturity. If you try to sell your CLD, you may not be able to find a buyer.

Liquidity risk – CLD is designed to be held till maturity. You do not have a right to request early termination of this product before maturity.

Currency risk – If the Deposit Currency and/or Linked Currency is not in your home currency, and you choose to convert it back to your home currency upon maturity, you may make a gain or loss due to exchange rate fluctuations.

Risks of early termination by the Bank – The Bank has the right (but not the obligation) to terminate the CLD early upon occurrence of certain events. If CLD is terminated by the Bank early, you may suffer a substantial loss under this product.

Concentration issues – You should avoid excessive investment in any single type of investment.