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IMPORTANT FACTS STATEMENT

Currency Linked Deposit ("CLD") offered by
Shanghai Commercial Bank Limited (the "Bank")

August 2011

This product is NOT principal protected and is NOT protected by the Deposit Protection Scheme in Hong Kong.

The contents of this statement have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution before investing in this product. This statement is a part of the offering documents for this product. You should not invest in this product based on this statement alone. If you are in any doubt, you should obtain independent professional advice.

CLD involves derivatives. The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.

Quick facts
Issuer :
Shanghai Commercial Bank Limited
Product Type :
Currency Linked Deposit
Minimum Deposit :
USD 5,000 or equivalent
Tenor :
Range from 1 week to 6 months
Available Deposit Currency and Linked Currency :
9 currencies including HKD, USD, AUD, CAD, CHF, EUR, GBP, JPY and NZD
Interest Rate :
Depend on the selected currencies, tenor and market conditions
Interest Payment Date :
On maturity date
Principal Protection at Maturity :
No
Callable by the Bank :
No
Withdrawal or Termination prior to Maturity :
Will not be allowed
Embedded Derivatives :
Yes. In addition to traditional deposit interest, it pays an extra interest derived from the selling of a put option over the Linked Currency
Maximum Potential Gain :
Capped at the pre-determined interest rate
Maximum Potential Loss :
ALL of your principal amount

 Risk disclosure statement

 

 

 

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( 852 ) 2818 0282
Email
contact@shacombank.com.hk

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