|Starts||20 Jun 2023 (Tue)||Ends||3 Jul 2023 (Mon)|
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Earn up to 5.50% or 6.00% over 1 year
Depending on the tranche you invest in, the new OCBC FX-Linked Structured Deposit gives you a fixed return of 1.00% or 2.00% after 1 year, with a bonus component of 5.00% or 3.50% upon the fulfilment of the bonus conditions respectively. The mechanics are shown in the table below:
Note: There are elements of extra risks compared to a normal fixed deposit. Structured Deposits are NOT insured under the Deposit Insurance and Policy Owners’ Protection Schemes Act of Singapore. More risks info in the link below.
|Bonus condition||Payable if AUD/SGD > 0.9375||Payable if AUD/SGD > 0.9350|
Structured Deposits can be purchased using cash or Supplementary Retirement Scheme (SRS).
For more info, click here.