Findings the perfect match can be extremely rewarding – especially when it comes to investments. Our Dual Currency Returns (DCR) does exactly that, so you will benefit from interest rates that could be 10% p.a. or even higher^#. Enjoy the flexibility of choosing the currency pairing – namely the placement (base) currency, an alternative currency, tenor of the investment and the strike price (conversion rate). On maturity you will receive the principal plus interest earned in either the base or alternate currency, at the pre-agreed strike price.

^# Depending on chosen currency pair, tenor and prevailing market conditions.

Enjoy many benefits such as:

Potential to earn substantially higher interest rates than traditional time deposits

Selecting the base and alternate currencies, tenor* of investment and strike price that you are comfortable with

Choosing from a wide range of currencies** (SGD, USD, EUR, GBP, AUD, NZD, CHF, JPY, etc) to suit your needs *Subject to conditions, available DCR tenors typically ranges from 1 week to 1 month **Subject to availability and prevailing market conditions

This investment is suitable for those:

seeking potentially higher interest returns than time deposits; or

receptive towards receiving either the base currency or the alternate currency; or

With the potential need for the alternate currency because they conduct business transactions in the alternate currency have children pursuing an overseas education have investment properties and housing loans in the alternate currencies have potential investments in the alternate currency; or

who think that the base currency would be weakening against the alternate currency

Find your perfect investment match with the OCBC Dual Currency Returns investment by placing a minimum investment of S$20,000 or equivalent^#.
^# For OCBC Premier Banking customers, the minimum investment is S$50,000 or equivalent.
Curious how you can enjoy rewarding returns, come talk to us at any OCBC Branch, call 1800 438 6088 or log onto www.ocbc.com/wealth today

Dual Currency Returns is an investment that offers possible enhanced returns and involves a currency option which confers on OCBC Bank the right to repay the principal sum at maturity in either the base or alternate currency and part or all of the interest earned on this investment represents the premium on this option.  Please read the terms and conditions governing Dual Currency Returns carefully.  You should ensure that you have sufficient funds and/or the necessary liquidity to enable you to hold Dual Currency Returns with OCBC Bank until its maturity date.  Any forecast of the economy, stock market, bond market and economic trends of the markets, or any illustration of past performance of Dual Currency Returns or its underlying foreign currencies are not necessarily indicative of the future or likely performance of such Dual Currency Returns.

By purchasing Dual Currency Returns, you are giving OCBC Bank the right to repay you at a future date in an alternate currency that is different from the currency in which your initial investment was made, regardless of whether you wish to be repaid in this currency at that time.  Dual Currency Returns are subject to foreign exchange fluctuations which may affect the return of your investment.  You may incur a loss on your principal sum in comparison with the base amount initially invested.  

Foreign exchange control restrictions may be imposed on the foreign currencies linked to your Dual Currency Returns.  As a result, the principal and interest of your Dual Currency Returns may be paid to you in an alternate currency and you may receive less than the principal amount initially invested, when the amount of this alternate currency is converted back to the base currency.  You may be able to obtain information on foreign exchange control restrictions, if any, in respect of each foreign currency offered in relation to Dual Currency Returns, from the monetary, regulatory or other governmental authorities of the home jurisdiction of the respective foreign currency.

OCBC Bank will not terminate Dual Currency Returns prior to maturity. You may withdraw the principal prior to maturity date. In the event of premature withdrawal of Dual Currency Returns, you will have to bear the applicable cost or charges which are calculated based on prevailing market conditions such as strike price, foreign exchange rate, volatility of underlying foreign exchange pair and remaining tenor of Dual Currency Returns.  As a result of such early withdrawal charges, you may incur a loss on the principal amount upon withdrawal.  To find out the details on the procedures and charges applicable for early withdrawal of Dual Currency Returns, please approach our Personal Financial Consultants or your Relationship Manager.

You may wish to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase this product.  In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.

Ask OCBC today for innovation solutions and advice for your wealth management needs. Simply log onto  www.ocbc.com/wealth for objective insights and information about investment, isurance, education and retirement planning.