This is a deposit which earns enhanced interest rates. At the start of the deposit, on maturity, the bank either returns the client the original deposit at the enhanced interest rate, or, the alternate currency at the enhanced interest rate at the pre-agreed exchange rate.
Next Steps :
Benefits
Earns higher interest on the deposit
Client has flexibility to choose the alternate currency and exchange rate at the start of the deposit
If alternate currency is delivered, client can execute similar deal in alternate currency
Eligibility
Minimum investment of RM250,000 or its equivalent in other currencies
