Multiple Deposit Types
Please select a deposit type below to learn more:
American Range
Range Bound
American Range Principal Protected Deposit is an FX Linked Deposit that pays:
high interest if the spot exchange rate of the designated Currency Pair trades within a pre-determined range (above the Floor Rate and below the Ceiling Rate) during the entire pre-determined period (“Fixing Period”); or
low interest if the spot exchange rate of the designated Currency Pair trades beyond a pre-determined range (below the Floor Rate or above the Ceiling Rate) at any time during the Fixing Period.
Customer’s View |
Expect AUD/USD to trade within 0.6805 and 0.8805 during the next 6 months (low volatility of AUD/USD) |
Deposit Currency |
AUD |
Currency Pair |
AUD/USD |
Principal Amount |
AUD100,000 |
Deposit Period |
6 months |
Ceiling Rate |
0.6805 |
Floor Rate |
0.8805 |
High Interest Rate |
8% per annum |
Low Interest Rate |
1% per annum |
The investment return depends on the AUD/USD spot exchange rate during the Fixing Period:
Scenario |
Payoff at Maturity |
BESTThe exchange rate moves along with Customer's View. |
During the entire Fixing Period, AUD/USD trades within 0.6805 and 0.8805 and never touches or goes beyond 0.6805 and 0.8805. |
Principal + high interest
=AUD100,000 + AUD4,000
=AUD104,000
|
Worst The exchange rate moves against Customer's View. |
At any time during the Fixing Period, AUD/USD touches or goes beyond 0.6805 and 0.8805. |
Principal + low interest
=AUD100,000 + AUD500
=AUD100,500
|
Payoff Diagram

If the bank becomes insolvent or defaults on its obligations, the customer may get nothing back and suffer a total loss of the Principal Amount.
In addition to the movement of the linked Currency Pair, if the customer’s home currency is not the Deposit Currency, the customer’s total realized gain or loss (in terms of the home currency) will also depend on the fluctuation of the exchange rate between the Deposit Currency and the customer’s home currency. If the Deposit Currency depreciates against the customer’s home currency, the potential loss arising from such exchange rate movement may offset (or even exceed) the potential return received from the product. To the extreme, if the Deposit Currency becomes valueless on the Maturity Date, then the customer will still suffer total loss (i.e. 100% loss) when the customer converts the maturity proceeds back to the customer’s home currency on the Maturity Date. Conversely, if the Deposit Currency appreciates against the customer’s home currency, the potential profit arising from such exchange rate movement may enhance the customer’s total realized return.

X: Breakeven point when the loss arising from the exchange rate fluctuation offsets the high interest return revenue from the product
* Gain/loss return only due to the exchange rate fluctuation of the customer’s home currency against the Deposit Currency
European CNH/CNY Bullish
Trending European CNH/CNY Bullish 100% Principal Protected is an FX Linked Deposit that pays:
high interest if the spot exchange rate of USD/CNH (for European CNH Bullish) or USD/CNY (for European CNY Bullish) trades at or below a pre-determined rate (“Trigger Rate”) at a pre-determined time (“Fixing Time”) on a pre-determined date (“Fixing Date”); or
low interest if the spot exchange rate of USD/CNH (for European CNH Bullish) or USD/CNY (for European CNY Bullish) trades above the Trigger Rate at the Fixing Time on the Fixing Date.
Customer’s View |
Expect USD/CNH to trade at or below 6.2814 after 1 year (bullish on CNH) |
Deposit Currency |
RMB |
RMB Currency Pair |
USD/CNH |
Principal Amount |
RMB100,000 |
Deposit Period |
1 year |
Trigger Rate |
6.2914 |
High Interest Rate |
6% per annum |
Low Interest Rate |
1% per annum |
The investment return depends on the USD/CNH spot exchange rate at the Fixing Time on the Fixing Date (“Fixing Exchange Rate”):
Scenario |
Payoff at Maturity |
BEST The exchange rate moves along with Customer's View. |
At the Fixing Time on the Fixing Date, USD/CNH trades at or below 6.2914. | Principal + high interest =RMB100,000 + RMB6,000
=RMB106,000
|
Worst The exchange rate moves against Customer's View. |
At the Fixing Time on the Fixing
Date, USD/CNH trades above 6.2914 |
Principal + low interest =RMB100,000 + RMB1,000
=RMB101,000
|
Payoff Diagram

If the bank becomes insolvent or defaults on its obligations, the customer may get nothing back and suffer a total loss of the Principal Amount.
In addition to the movement of the linked Currency Pair, if the customer’s home currency is not the Deposit Currency, the customer’s total realized gain or loss (in terms of the home currency) will also depend on the fluctuation of the exchange rate between the Deposit Currency and the customer’s home currency. If the Deposit Currency depreciates against the customer’s home currency, the potential loss arising from such exchange rate movement may offset (or even exceed) the potential return received from the product. To the extreme, if the Deposit Currency becomes valueless on the Maturity Date, then the customer will still suffer total loss (i.e. 100% loss) when the customer converts the maturity proceeds back to the customer’s home currency on the Maturity Date. Conversely, if the Deposit Currency appreciates against the customer’s home currency, the potential profit arising from such exchange rate movement may enhance the customer’s total realized return.

X: Breakeven point when the loss arising from the exchange rate fluctuation offsets the high interest return revenue from the product
* Gain/loss return only due to the exchange rate fluctuation of the customer’s home currency against the Deposit Currency
European CNH Step-up Bullish
Trending
European CNH Step-up Bullish 100% Principal Protected is an FX Linked Deposit that pays:
step up interest if the spot exchange rate of USD/CNH trades at or below the pre-determined Step up Trigger Rate at a pre-determined time (“Fixing Time”) on a pre-determined date (“Fixing Date”); or
high interest (lower than the step up interest) if the spot exchange rate of USD/CNH trades at or below the pre-determined Trigger Rate but above the Step up Trigger Rate at the Fixing Time on the Fixing Date; or
low interest if the spot exchange rate of USD/CNH trades above the Trigger Rate at the Fixing Time on the Fixing Date.
Customer’s View |
Expect USD/CNH to trade at or below 6.2844 after 1 year and even arrive at 6.2594 or below (bullish on CNH) |
Deposit Currency | RMB |
Currency Pair | USD/CNH |
Principal Amount | RMB100,000 |
Deposit Period | 1 year |
Step Up Trigger Rate | 6.2594 |
Trigger Rate | 6.2844 |
Step Up Interest Rate | 9.39% per annum |
High Interest Rate | 3.5% per annum |
Low Interest Rate | 0.5% per annum |
The investment return depends on the USD/CNH spot exchange rate at the Fixing Time on the Fixing Date (“Fixing Exchange Rate”):
Scenario |
Payoff at Maturity |
BEST The exchange rate moves very well along with Customer's View. |
At the Fixing Time on the Fixing Date, USD/CNH trades at or below 6.2594. |
Principal + step up high interest
=RMB100,000 + RMB9,390
=RMB109,390
|
Middle The exchange rate moves along with Customer’s View. |
At the Fixing Time on the Fixing Date, USD/CNH trades at or below 6.2844 but above 6.2594. |
Principal + high interest
=RMB100,000 + RMB3,500
=RMB103,500
|
Worst The exchange rate moves against Customer's View. |
At the Fixing Time on the Fixing Date, USD/CNH trades above 6.2844. |
Principal + low interest
=RMB100,000 + RMB500
=RMB100,500
|
Payoff Diagram

If the bank becomes insolvent or defaults on its obligations, the customer may get nothing back and suffer a total loss of the Principal Amount.
In addition to the movement of the linked Currency Pair, if the customer’s home currency is not the Deposit Currency, the customer’s total realized gain or loss (in terms of the home currency) will also depend on the fluctuation of the exchange rate between the Deposit Currency and the customer’s home currency. If the Deposit Currency depreciates against the customer’s home currency, the potential loss arising from such exchange rate movement may offset (or even exceed) the potential return received from the product. To the extreme, if the Deposit Currency becomes valueless on the Maturity Date, then the customer will still suffer total loss (i.e. 100% loss) when the customer converts the maturity proceeds back to the customer’s home currency on the Maturity Date. Conversely, if the Deposit Currency appreciates against the customer’s home currency, the potential profit arising from such exchange rate movement may enhance the customer’s total realized return.

X&Y: Breakeven point when the loss arising from the exchange rate fluctuation offsets the high interest return revenue from the product
* Gain/loss return only due to the exchange rate fluctuation of the customer’s home currency against the Deposit Currency
European CNH Bearish
Trending
European CNH Bearish 100% Principal Protected is an FX Linked Deposit that pays:
high interest if the spot exchange rate of USD/CNH trades at or above a pre-determined rate (“Trigger Rate”) at a pre-determined time (“Fixing Time”) on a pre-determined date (“Fixing Date”); or
low interest if the spot exchange rate of USD/CNH trades below the Trigger Rate at the Fixing Time on the Fixing Date.
Customer’s View |
Expect USD/CNH to trade at or above 6.2754 after 1 month (bearish on CNH) |
Deposit Currency |
RMB |
Currency Pair |
USD/CNH |
Principal Amount |
RMB100,000 |
Deposit Period |
1 month |
Trigger Rate |
6.2754 |
High Interest Rate |
7% per annum |
Low Interest Rate |
0% per annum |
The investment return depends on the USD/CNH spot exchange rate at the Fixing Time on the Fixing Date (“Fixing Exchange Rate”):
Scenario |
Payoff at Maturity |
BEST The exchange rate moves along with Customer's View. |
At the Fixing Time on the Fixing Date, USD/CNH trades at or above 6.2754. | Principal + high interest
=RMB100,000 + RMB583
=RMB100,583
|
Worst The exchange rate moves against Customer's View. |
At the Fixing Time on the Fixing Date, USD/CNH trades below 6.2754. |
Principal + low interest
=RMB100,000 + RMB0
=RMB100,000
|
Payoff Diagram

If the bank becomes insolvent or defaults on its obligations, the customer may get nothing back and suffer a total loss of the Principal Amount.
In addition to the movement of the linked Currency Pair, if the customer’s home currency is not the Deposit Currency, the customer’s total realized gain or loss (in terms of the home currency) will also depend on the fluctuation of the exchange rate between the Deposit Currency and the customer’s home currency. If the Deposit Currency depreciates against the customer’s home currency, the potential loss arising from such exchange rate movement may offset (or even exceed) the potential return received from the product. To the extreme, if the Deposit Currency becomes valueless on the Maturity Date, then the customer will still suffer total loss (i.e. 100% loss) when the customer converts the maturity proceeds back to the customer’s home currency on the Maturity Date. Conversely, if the Deposit Currency appreciates against the customer’s home currency, the potential profit arising from such exchange rate movement may enhance the customer’s total realized return.

X: Breakeven point when the loss arising from the exchange rate fluctuation offsets the high interest return revenue from the product
* Gain/loss return only due to the exchange rate fluctuation of the customer’s home currency against the Deposit Currency
American Bullish
Trending
American Bullish 100% Principal Protected is an FX Linked Deposit that pays:
high interest if the spot exchange rate of the designated Currency Pair moves along with the customer’s view at any time during a pre-determined period (“Observation Period”); or
low interest if the spot exchange rate of the designated Currency Pair moves against the customer’s view during the entire Observation Period.
Customer’s View |
Expect EUR/USD to ever trade at or above 1.0728 during the next 1 month (bullish on EUR and bearish on USD) |
Deposit Currency |
EUR |
Currency Pair |
EUR/USD |
Principal Amount |
EUR100,000 |
Deposit Period |
1 month |
Trigger Rate |
1.0728 |
High Interest Rate |
6% per annum |
Low Interest Rate |
1% per annum |
The investment return depends on the EUR/USD spot exchange rate during the Observation Period:
Scenario |
Payoff at Maturity |
BEST The exchange rate moves along with Customer's View. |
At any time during the Observation Period, EUR/USD ever trades at or above 1.0728.
| Principal + high interest
=EUR100,000 + EUR500
=EUR100,500
|
Worst The exchange rate moves against Customer's View. |
During the entire Observation Period, EUR/USD trades below 1.0728. |
Principal + low interest
=EUR100,000 + EUR83
=EUR100,083
|
Payoff Diagram

If the bank becomes insolvent or defaults on its obligations, the customer may get nothing back and suffer a total loss of the Principal Amount.
In addition to the movement of the linked Currency Pair, if the customer’s home currency is not the Deposit Currency, the customer’s total realized gain or loss (in terms of the home currency) will also depend on the fluctuation of the exchange rate between the Deposit Currency and the customer’s home currency. If the Deposit Currency depreciates against the customer’s home currency, the potential loss arising from such exchange rate movement may offset (or even exceed) the potential return received from the product. To the extreme, if the Deposit Currency becomes valueless on the Maturity Date, then the customer will still suffer total loss (i.e. 100% loss) when the customer converts the maturity proceeds back to the customer’s home currency on the Maturity Date. Conversely, if the Deposit Currency appreciates against the customer’s home currency, the potential profit arising from such exchange rate movement may enhance the customer’s total realized return.

X: Breakeven point when the loss arising from the exchange rate fluctuation offsets the high interest return revenue from the product
* Gain/loss return only due to the exchange rate fluctuation of the customer’s home currency against the Deposit Currency
American Bearish
Trending
American Bearish 100% Principal Protected is an FX Linked Deposit that pays:
high interest if the spot exchange rate of the designated Currency Pair moves along with the customer’s view at any time during a pre-determined period (“Observation Period”); or
low interest if the spot exchange rate of the designated Currency Pair moves against the customer’s view during the entire Observation Period.
Customer’s View |
EUR/USD to ever trade at or below 1.0328 during the next 1 month (bearish on EUR and bullish on USD) |
Deposit Currency |
EUR |
Currency Pair |
EUR/USD |
Principal Amount |
EUR100,000 |
Deposit Period |
1 month |
Trigger Rate |
1.0328 |
High Interest Rate |
6% per annum |
Low Interest Rate |
0.5% per annum |
The investment return depends on the EUR/USD spot exchange rate during the Observation Period:
Scenario | Payoff at Maturity |
BEST The exchange rate moves along with Customer's View. |
At any time during the Observation Period, EUR/USD ever trades at or below 1.0328. |
Principal + high interest
=EUR100,000 + EUR500
=EUR100,500
|
Worst The exchange rate moves against Customer's View. |
During the entire Observation Period, EUR/USD trades above 1.0328. |
Principal + low interest
=EUR100,000 + EUR42
=EUR100,042
|
Payoff Diagram

If the bank becomes insolvent or defaults on its obligations, the customer may get nothing back and suffer a total loss of the Principal Amount.
In addition to the movement of the linked Currency Pair, if the customer’s home currency is not the Deposit Currency, the customer’s total realized gain or loss (in terms of the home currency) will also depend on the fluctuation of the exchange rate between the Deposit Currency and the customer’s home currency. If the Deposit Currency depreciates against the customer’s home currency, the potential loss arising from such exchange rate movement may offset (or even exceed) the potential return received from the product. To the extreme, if the Deposit Currency becomes valueless on the Maturity Date, then the customer will still suffer total loss (i.e. 100% loss) when the customer converts the maturity proceeds back to the customer’s home currency on the Maturity Date. Conversely, if the Deposit Currency appreciates against the customer’s home currency, the potential profit arising from such exchange rate movement may enhance the customer’s total realized return.

X: Breakeven point when the loss arising from the exchange rate fluctuation offsets the high interest return revenue from the product
* Gain/loss return only due to the exchange rate fluctuation of the customer’s home currency against the Deposit Currency
The hypothetical cases above are for illustration only and are not indicative of the actual performance of the relevant products.
The above product is bound by the related terms and conditions. Please contact our staff for details.
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