Dual Currency Investment offers the investor a higher guaranteed return than regular Foreign Currency Deposits. The investor has the flexibility to choose a currency pairing namely the base currency (e.g. USD) and an alternate currency (e.g. EUR) for this investment. The investor may receive the principal plus interest earned on the maturity date in either the base or the alternate currency at a pre-agreed exchange rate as determined on the investment start date. The investor must be indifferent in holding either currency at maturity of investment.
* Indicative yields are subject to change.* Currency pairings are not limited to above. For other currency pairings, please visit any of our Hong Leong Bank branches near you.
For more information, please speak to your Relationship Manager or visit us at any of our Priority Banking Centres. Alternatively, you may visit any of our Hong Leong Bank branches and speak to our Branch Managers.
This product is made available only to individuals with (1) net personal assets exceeding RM3 million or its equivalent in foreign currencies, (2) gross annual income exceeding RM300,000 p.a. or its equivalent in foreign currencies, (3) total joint gross annual income with spouse exceeding RM400,000 p.a. or its equivalent in foreign currencies; OR corporate/partnership that has total net assets exceeding RM10million or its equivalent in foreign currency as at the last day of that financial year. The minimum investment requirement is RM250,000.
You are not covered by the compensation fund under section 152 of the Capital Markets and Services Act 2007 (CMSA). This compensation fund does not extend to you if you suffer monetary loss as a result of a defalcation, or fraudulent misuse of moneys or other property, by a director, officer, employee or representative of Hong Leong Bank Berhad ("HLB").
Structured Investments are investments where the returns are linked to some specific rate, price or index. Such investments involve various different types of risks and are complex. You are advised to understand the products and their associated risks so as to be certain that the product is appropriate for your investment aims before deciding to invest. Due to the complexity of such investments, you should familiarize yourself with such types of investment products before investing. The information contained herein should not be construed as an offer, recommendation or solicitation to enter into, or conclude any transaction by anyone in any jurisdiction in which the making of such an offer, or invitation to subscribe or the solicitation thereof is not authorized, or to any persons to whom it is unlawful to make such an offer, invitation or solicitation.
†Not insured by PIDM
WARNING: THE RETURNS ON YOUR STRUCTURED PRODUCT INVESTMENT WILL BE AFFECTED BY THE PERFORMANCE OF THE UNDERLYING ASSET/REFERENCE, AND THE RECOVERY OF YOUR PRINCIPAL INVESTMENT MAY BE JEOPARDIZED IF YOU MAKE AN EARLY REDEMPTION.