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you are in GROUP WHOLESALE BANKING
Information | Description |
Underlying Asset Class | Three main types of underlying:
|
Principal Repayment | 100% principal guaranteed if held to maturity and the Bank remains solvent. A withdrawal before the maturity date may result in the redemption amount being less than the principal amount invested. |
Tenor | Varies from 3 months to 5 years |
Information |
Underlying Asset Class |
Principal Repayment |
Tenor |
Yes, but subject to certain breakfund/unwinding costs and/or charges that may levied by the bank. A Structured Desposit can be unwound by the investor before maturity date. The unwinding will be at a valuation determined by UOB. There may be potential loss of the principal amount invested.
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 and Policy Owners’ Protection Schemes Act 2011, and are not insured by the Deposit Insurance Scheme.
Unlike traditional deposits, structured deposits have an investment element and returns may vary. You may wish to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase this product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.
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