If you perceive that you are holding a currency that may be weakening against another currency, this is an opportunity for you to receive a higher interest rate. UOB MaxiYield may offer you a good opportunity of getting your money back in the Base Currency with potentially higher yield.
- You stand to gain from potential yields that may be higher than that of normal fixed deposits
- You enjoy one of the most competitive rates in the market. By capitalising on foreign exchange movements, you have the chance to maximise market opportunities and make your money work harder by earning more attractive interest rates
- You have the freedom to choose your currency pairs from a wide range of foreign currencies: Australian Dollar, Canadian Dollar, Euro, Great British Pound, Japanese Yen, New Zealand Dollar, Singapore Dollar, Swiss Franc and US Dollar
- Enjoy a flexible choice of tenors, starting from 2 weeks
- No upfront fees payable/charged
- UOB MaxiYield is not a fixed deposit. This is an investment with an embedded 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.
- UOB MaxiYield is a Dual Currency Investment. 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 in comparison with the base amount initially invested. 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.
- Contact Us
Visit us at:
United Overseas Bank Limited
80 Raffles Place
5th Storey UOB Plaza 1