Dci forex
CIMB Bank Menara Bumiputra-Commerce No.
DCI offers you the flexibility of choosing your preferred investment currency and alternate currency. Upon maturity of the investment, you will receive the principal plus interest earned in either your investment currency or the alternate currency, at the pre-agreed exchange rate. The investment duration options are either 1 week, 2 weeks or 1 month. Upon maturity you may choose to reinvest for higher returns. This product is an investment product and not a protected deposit.
Therefore, it is not protected by PIDM Malaysian Deposit Insurance Corporation. HNWI - For Individual Networth Total Assets — Total Liabilities exceed RM 3mil or its equivalent in foreign currencies.
HNWI - For Corporate Networth Total Assets — Total Liabilities exceed RM 10mil or its equivalent in foreign currencies based on last audited accounts. On the fixing date, the Bank will advise you on the repayment currency as to whether it will be in the investment currency or alternate currency. If the conversion rate 3. Please note that an immediate conversion back to MYR may result in loss of Investment Principal as follows:.
What are your options if your initial DCI is converted into the alternate currency? If your investment currency is in MYR and it is converted into AUD upon fixing, you may consider the following options:.
Reinvest into a DCI, with AUD as your investment currency and MYR as the alternate currency to potentially earn higher yield on your investment and conversion back into MYR. Transfer the funds to Australia for your personal use e. Place your AUD into our Foreign Currency Fixed Deposit FCFD account while waiting for a reinvestment opportunity with DCI or convert the funds back into MYR with a potential opportunity of earning foreign exchange gains.
Upon maturity, investors are assured of the enhanced yield returns. The scenarios and options given above are for illustrative purposes only and do not represent any possible outcomes or actual returns.
Investors must read and understand the Product Disclosure Sheet, Risk Disclosure Statement, Structured Products Master Agreement and Product Agreement of this product collectively known as the "Documents" before deciding to invest. Nothing in this document is to be construed as a solicitation or offer of legal, investment, tax or other advice or a recommendation to engage in any transaction.
Investors are not covered by the compensation fund under section of the Capital Markets and Services Act CMSA. The compensation fund does not extend to the Investor who has suffered monetary loss as a result of a defalcation, or fraudulent misuse of moneys or other property, by a director, officer, employee or representative of CIMB Bank Berhad "CIMB". The Investor who is not satisfied with our CRU's decision may refer the case to the Securities Industry Dispute Resolution Centre within six 6 months of receiving a final decision from CRU.
Dci forex -
Customer Resolution Unit 19th Floor, Menara Bumiputra-Commerce 11, Jalan Raja Laut Kuala Lumpur Tel No: This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by CIMB Bank. CIMB Bank makes no warranties as to the status of this link or information contained in the website you are about to access.
CIMB Islamic CIMB Preferred CIMB Private Banking Global Sites Group Websites. Banking With Us Find The Right Solution. Find The Right Solution Career Starters. Find The Right Solution Retirees. Wide array of currencies. Select your preferred investment and alternate currency from a choice of: No sales charges or annual fees.
Dual currency deposit - Wikipedia
Get more out of your investment by saving on upfront fees and annual charges. Potentially higher returns than time deposits. Capitalise on exchange rate movements to earn higher returns.
Choose your preferred investment currency and alternate currency. Decide on your investment tenure of either 1 week, 2 weeks or 1 month. Decide on your preferred returns or FX conversion rate.
HNWI - For Individual Networth Total Assets — Total Liabilities exceed RM 3mil or its equivalent in foreign currencies HNWI - For Corporate Networth Total Assets — Total Liabilities exceed RM 10mil or its equivalent in foreign currencies based on last audited accounts. Example Assuming that an investor invests MYR, in a 1-month DCI, with MYR as the investment currency and AUD as the alternate currency.
Investment currency MYR Alternate currency AUD Investment amount MYR, Tenure 1 month Investment returns Scenario 1 If the conversion rate 3.
Principal MYR, Interest MYR, x If your investment currency is in MYR and it is converted into AUD upon fixing, you may consider the following options: Banking With Us Ways to Bank Find The Right Solution Prime Banking CIMB Work. Accounts KWIK Account Savings Accounts Current Accounts Fixed Deposits.
Cards Credit Cards Find The Right Cards Card Promotions Regional Card Privileges Value Added Services Additional Services. Loans Property Loans Personal Loans Car Loans Share Margin Financing. Insurance Personal Insurance Property Insurance Life Insurance Car Insurance. Do you wish to proceed? Assuming that an investor invests MYR, in a 1-month DCI, with MYR as the investment currency and AUD as the alternate currency.