Currency-linked Investment

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Personal Banking
Investments
Treasury Instruments

In UOB, our currency-linked investment is known as MaxiYield. MaxiYield is a dual currency-linked investment that gives you the potential to enhance your yield, based on your outlook of the movements between two major currencies of your choice.

At a Glance

MaxiYield is a Dual Currency Investment. It offers:

Yields that are potentially higher^{^} than traditional fixed deposits.
An opportunity to potentially capitalise on foreign exchange movements.
The freedom to choose to pair your currencies from a wide range of currencies to suit your needs:

*Australian Dollar, British Pound, Canadian Dollar, Euro, Japanese Yen, New Zealand Dollar, Singapore Dollar, Swiss Franc, US Dollar

Is UOB MaxiYield for You?

UOB MaxiYield may be an investment for you if:

You are indifferent to holding either currency;
You would like to earn potentially higher interest^ than traditional fixed deposits and have the opportunity to receive your money back in the same currency;
You foresee the exchange rate between the two currencies you have chosen to be stable and would like to earn a potentially higher interest^ than traditional fixed deposits.

How it works (Illustration)¹

Step 1	Place your principal in a base currency of your choice. Choose from a wide range of currencies*.	USD 100,000
Step 2	Choose the second currency as your alternate currency.	Australian Dollar
Step 3	Decide the tenure of your investment. The minimum tenor is 1 week.	1 month (30 days)
Step 4	Select the preferred exchange rate between the base currency and alternate currency as a pre-agreed exchange rate.	0.9950 (i.e. AUD1 is worth USD0.9950)
Step 5	Accept the Enhanced Yield² for this investment.	11% p.a.

Scenario A (Profit): If AUD/USD rate is above 0.9950

Prevailing Exchange Rate on Expiration Date	1.0010 (i.e. AUD1 is worth USD1.0010)
Amount Received upon Maturity	USD100,000 + (USD100,000 x 11% x 30/360) = USD100,916.67
Gain	USD916.67

Scenario B (Loss): If AUD/USD rate is below 0.9950

Prevailing Exchange Rate on Expiration Date	0.9800 (i.e. AUD1 is worth USD0.9800)
Amount Received on Maturity	[USD100,000 + (USD100,000 x 11% x 30/360)]/0.9950 = AUD101,423.79
Loss³	USD100,000 – (AUD101,423.79 x 0.9800) = USD604.69

Minimum Investment Amount: SGD50,000 or equivalent

To find out more on how MaxiYield can work for you, speak to a UOB Personal Banker today.

1 The above illustration is for general information only, and does not constitute any recommendation that any person enter into any transaction described or any similar transaction. Neither does it constitute any prediction of likely or future movements in currency exchange rates or any representation that any such future movements will not exceed those shown in the illustration.
2 The Enhanced Yield, which is also the effective yield, is indicative and is used only for illustration purposes and thus subjected to changes.
3 Assumes that the investor wishes to convert back to the base currency at the prevailing exchange rate of 0.9800.

Rates &
Requirements

Only a minimum investment of SGD50,000 is required for MaxiYield.

Apply Now

For more information please speak to your Privilege Banking Client Advisor or call the Privilege Banking hotline at 1800 222 9889.

^ Disclaimers

This document is prepared for general information only and does not have any regard to the specific investment objective, financial situation and particular needs of any specific person who may receive this document.

UOB MaxiYield is a Dual Currency Investment which has risk and investment elements, is not a fixed deposit and it is also not an insured deposit within the meaning of the Deposit Insurance Act (Cap 77A). This investment product offers premium interest rates as may be agreed between you and United Overseas Bank Limited (“UOB”) with an embedded option granted by you to UOB. In the event that the Bank exercises the said option, the value of your investment in the Base Currency will be converted into the Alternate Currency, regardless of whether you wish to be paid in this currency at that time. The value of your redemption amount at maturity may be less than your principal investment amount on conversion if the prevailing exchange rate moves against your favour.

Exchange controls may also apply from time to time to certain foreign currencies that may affect the convertibility or transferability of that currency. It is advisable for you to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase the product. In the event that you choose not to have a licensed or an exempt financial adviser, you should consider carefully whether the product is suitable for you in light of your financial needs, investment goals and objectives and risk appetite. UOB MaxiYield is an investment product that requires you to hold the product to maturity with a right given to UOB to terminate prematurely upon occurrence of certain Extraordinary Events stipulated in the MaxiYield Facility Agreement. Unless UOB otherwise agrees, the investment amount cannot be withdrawn by you, whether partially or in whole, prior to its maturity. If UOB allows for any early withdrawal, UOB shall be entitled to deduct from the investment amount, any loss, costs, charges and/ or expenses incurred by UOB (including but without limiting 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 the principal investment amount.

The UOB MaxiYield will be governed by the MaxiYield Facility Agreement and the related Confirmation Note as agreed between you and UOB.

Useful Information

Uniplus Account Rates

Savings Amount	Rates
First S$3,000	0.2500
Next S$47,000	0.2750
Next S$50,000	0.3750
Remaining Balance Above S$100,000	0.4750

Investments