Current Structured Deposit

Decrease Text Size Increase Text Size Print Bookmark Share

UOB Principal Guaranteed Structured Deposit: Growth Deposit - Series (3)

UOB Principal Guaranteed Structured Deposit: Growth Deposit – Series (3) (“UOB Growth Deposit – Series (3)”) is a 4 years and 11 months structured deposit which pays you guaranteed interests1 and guarantees your principal2 if held to maturity. In addition, you enjoy the opportunity to earn a maturity bonus interest that is linked to the performance of 3 Singapore Shares3.

For more information, please speak to a
UOB Personal Banker.

Key Benefits:
• Receive guaranteed interest payments1 totaling 6% of Principal Amount if held to the respective Interest Payment Dates:
At the end of
Guaranteed Interest Rate
Month 3
3.00%*
Year 2
1.00%*
Year 3
1.00%*
Year 4
1.00%*
* Rates shown are as a percentage of the Principal Amount

Maturity Bonus Interest of up to 5%
Receive a Maturity Bonus Interest of up to 5% of Principal Amount, which is linked to the performance of 3 Singapore Shares3. On each of the 5 Observation Dates, the Bonus Interest Rate for that Observation Date shall be:

1% of the Principal Amount if the Closing Price of the Worst Performing Share equals to or exceeds 115% of its Initial Price, OR

0.75% of the Principal Amount if the Closing Price of the Worst Performing Share is below 115% of its Initial Price but equals to or exceeds 100% of its Initial Price, OR

0.1% of the Principal Amount if otherwise.

Maturity Bonus Interest Rate shall be the aggregate sum of all Bonus Interest Rates observed over the Tenor. Hence, the Maturity Bonus Interest will depend on the performance of the Underlying Basket on the 5 Observation Dates. The minimum Maturity Bonus Interest Rate is 0.5% and the maximum Maturity Bonus Interest Rate is 5% over the Tenor.

The total minimum interest of 6.5% (being total Guaranteed Interests of 6.0% plus a minimum Maturity Bonus Interest of 0.5%) of the Principal Amount payable over the Tenor is equivalent to an effective interest rate of 1.3410% p.a. assuming that the whole of the Principal Amount is held till Maturity Date.

Principal Guaranteed2
• 100% of your Principal Amount is guaranteed2 by United Overseas Bank Ltd (“UOB”) upon maturity.

Note: 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, Observation Dates 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 (“UOB”) branch.
1 A Guaranteed Interest of 3% of the Principal Amount will be paid at the end of Month 3 and a Guaranteed Interest of 1% of the Principal Amount will be paid at the end of each of Year 2, Year 3 and Year 4. The guaranteed interests are guaranteed only if the whole Principal Amount is held with the Bank until the relevant Interest Payment Dates.
2 Only if the whole Principal Amount is held until the Maturity Date.
3 3 Singapore Shares- CapitaLand Limited, DBS Group Holdings Limited, and Singapore Exchange Limited.

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 UOB Principal Guaranteed Structured Deposit: Growth Deposit – Series (3) (“UOB Growth Deposit – Series (3)”) is principal guaranteed only if held until the maturity date. The UOB Growth Deposit – Series (3) may not be withdrawn before the maturity date without express consent from UOB. The Tenor of this structured deposit is 4 years and 11 months. 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 UOB Growth Deposit – Series (3). In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should consider carefully whether UOB Growth Deposit – Series (3) is suitable for you.

Unlike traditional deposits, the UOB Growth Deposit – Series (3) has risk and investment elements, are 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).

United Overseas Bank Limited is the structured deposit taking institution for UOB Principal Guaranteed Structured Deposit: Growth Deposit – Series (3)

More Information

Structured deposits which have risk and investment elements, are not conventional deposits and accordingly, are not insured deposits for the purposes of the Deposit Insurance Act 2005 (No. 31 of 2005).

In addition, structured deposits 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 MAS (which is in effect until 31 December 2010).

Provided that the whole amount of the Principal Amount is held with the Bank up to the Maturity Date, 100% of the Principal Amount shall be guaranteed and payable by the Bank to the investor on the Maturity Date.


Useful Information