Dual Currency Investment

Dual Currency Investment

Short-term investment linked to your choice of currency pair.

Benefits

Earn enhanced yields

Earn enhanced yields

Enjoy potentially higher returns in the currency of your choice.

Pre-agreed exchange rates

Pre-agreed exchange rates

Choose your preferred exchange rate between your base and alternate currency.

Pick from 11 global currencies

Pick from 11 global currencies

AUD, GBP, CAD, EUR, HKD, JPY, NZD, SGD, CHF, USD, and CNH (Offshore Yuan).

Minimum tenure of 1 week

Minimum tenure of 1 week

Choose your own investment period, up to 12 months.

No upfront fees

No upfront fees

Make the most of your capital investment.

Ready to apply?

Ready to apply?

Leave us your details and we will get in touch with you as soon as possible. Alternatively, you may like to reach out to your Relationship Manager.

Frequently asked questions

Are there any potential risks?
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  • Dual Currency Investment is not a fixed deposit. This is an investment with an embedded currency option which you have sold to the Bank. In the event that the Bank chooses to exercise the option, the value of your investment in the Base Currency will be converted into the Alternate Currency, regardless of which currency you wish to be paid in at that time. If the prevailing exchange rate moves against your favour, the value of your redemption amount at maturity may be less than your principal investment amount when converted into the Base Currency at the prevailing market rate.
  • It is subject to foreign exchange fluctuations which may affect the return of your investment. You may therefore incur a loss on your principal sum. Exchange controls may also apply from time to time to certain foreign currencies. Such exchange controls imposed by the home country of that foreign currency may affect the convertibility or transferability of that currency.

Dual Currency Investment is an investment product that requires you to hold the product to maturity with a right given to UOB to terminate prematurely upon occurrence of certain Extraordinary Events stipulated in the MaxiYield Facility Agreement. Unless UOB otherwise agrees, the investment amount cannot be withdrawn by you, whether partially or in whole, prior to its maturity. If UOB allows for any early withdrawal, UOB shall be entitled to deduct from the investment amount, any loss, costs, charges and/ or expenses incurred by UOB (including but without limiting to UOB's unwinding or termination of its hedging and/ or funding position) and such other administrative and other charges as UOB may impose. In such instances, you may receive less than the principal investment amount.

UOB MaxiYield is a Dual Currency Investment which has risk and investment elements and is not a deposit. It is not an insured deposit within the meaning of the Deposit Insurance and Policy Owner's Protection Schemes Act 2011.

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