This advertisement has not been reviewed by the Monetary Authority of Singapore.
¹
Minimum 2.30% p.a. Interest and Total Payout: Minimum 2.30% p.a. interest and total payout of 12.60% (inclusive of bonus interest²) are payable only if this structured deposit (
“the Structured Deposit” or
“this product”) is held to maturity, or (if applicable) the specified redemption date.
²
Bonus Interest: 1.00% bonus interest is only payable in 6 months if USD/SGD Spot Exchange Rate is at or above the Bonus Target Lower Range Rate of 1.3600 and at or below the Bonus Target Upper Range of 1.3800 on 27 December 2022, 2pm Singapore time.
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Credit Risk: The Customer is taking on the credit risk of Maybank Singapore Limited (
“the Bank”) with respect to all payments due under the Structured Deposit.
Please note that the Bank will pay the full principal amount to the Customer only if the Structured Deposit is held to the maturity date, or (if applicable) the specified redemption date. In the event where the Bank becomes insolvent, the Customer may not receive any payouts and may lose his original principal. 4Risk Disclosure: This is published for general information only and does not have any regard to the specific investment objective, financial situation and the particular needs of any specific person who may read this document. Any opinion, view or estimate is subject to change without notice and is made on a general basis.
The Customer should take note that the Structured Deposit is principal guaranteed by the Bank when held to maturity, or (if applicable) the specified redemption date. If the Structured Deposit is redeemed or sold by the Customer prior to maturity or (if applicable) the specified redemption date, the Bank shall be entitled to deduct any fees, charges and/or expenses incurred in connection with the same from the initial amount invested by the Customer.
The Customer may lose part or all of his original principal due to early withdrawal by the Customer. Unlike traditional deposits, structured deposits have an investment element and returns may vary. 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. Please note that structured deposits are not insured deposits for the purposes of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011. The Bank shall not be liable or responsible for any losses or damages that may be incurred or suffered directly or indirectly by any person or party acting or relying on any information provided herein. Past performance is not an indicator or a guarantee of future performance.
Other terms as well as other important information can be found in the product term sheet, the Terms And Conditions Governing Structured Deposits and/or the provisions in the Bank’s terms and conditions which govern the products and services made available to you, copies of which can be obtained from our Wealth Managers or are accessible on the Bank’s website. Additional Terms and Conditions apply.