Structured Deposit

Structured Deposit¹ is a combination of a conventional fixed deposit and derivatives instruments on one or more assets such as equities, interest rates, bonds, currencies and commodities.

Structured deposits have the following characteristics:

Variable returns which can potentially give higher returns compared to fixed deposits²; and
Principal amount of structured deposit is not guaranteed when it is withdrawn before maturity.

¹Note: Product terms and conditions apply. Please refer to the Indicative Term Sheet for more details including the actual dates and pre-specified dates (including the Initial Observation Date, Final Observation Date and relevant Interest Payment Dates). All undefined capitalised terms shall have the meaning given to them in the Indicative Term Sheet.

A copy of the Indicative Term Sheet is available at the point of sale or at any United Overseas Bank Limited ("UOB") branch.

Important - Please note:
The above is for general information only and does not constitute an offer, an invitation to offer, a solicitation or a recommendation by UOB to enter into or conclude any transaction. The amount placed in the structured deposit is principal guaranteed only if held until the maturity date. The structured deposit may not be withdrawn before the maturity date without express consent from UOB. In the event that UOB allows you to withdraw the structured deposit before the maturity date, you shall be liable to indemnify UOB for any loss, costs, charges and/or expenses referable to such early termination as incurred by UOB (including those in relation 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 your principal amount. You may wish to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase the structured deposit. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should consider carefully whether the structured deposit is suitable for you.

Unlike traditional deposits, the structured deposit has risk and investment elements and is not an insured deposit within the meaning of the Deposit Insurance Act (Cap 77A).

In addition, structured deposits are not fixed deposits and are not covered under the Singapore Government's guarantee on all Singapore Dollar and foreign currency deposits of individual and non-bank customers in banks, finance companies and merchant banks licensed by the Monetary Authority of Singapore (which is in effect until 31 December 2010).

²Unlike traditional deposits, structured deposits have risk and investment elements, and returns may vary.