In exchange for this enhanced return, you will give the Bank the right to repay your investment and return in either the base or linked currency at maturity depending on exchange rate movements in respect of the currency pair.
You can choose to invest in tenors ranging from 1-week to 3-month.
Choice of US dollar, Singapore dollar, Hong Kong dollar, Australian dollar, New Zealand dollar, Canadian dollar, euro, sterling, Swiss franc and Japanese yen.
Our team of experienced currency specialists can provide you with up-to-date information on currency markets to help you make informed decisions and take advantage of any opportunities that may arise.
All you need is a minimum of US$25,000 (or its equivalent in other currencies) to start your investment in Dual Currency Plus.
You can customise Dual Currency Plus terms such as the tenor, currency pair and preferred conversion rate.
Dual Currency Plus is an investment product. With Dual Currency Plus, the principal sum and returns are repayable either in the currency in which the investment is made ("base currency") or an alternative currency ("linked currency") at maturity. Early withdrawal of Dual Currency Plus is not permitted.
Dual Currency Plus is inherently speculative in nature and carries risks. In particular, foreign currency market movements are unpredictable. If the proceeds at maturity are paid in the linked currency (as opposed to the base currency), there is a possibility that you will suffer a loss on your principal sum when compared with the amount of the base currency initially invested. As your investment is denominated in a foreign currency, you are advised to consider the impact of any foreign exchange risk on the net returns of your investment. Foreign exchange controls may be imposed by the country issuing the foreign currency from time to time and may delay or prevent the repayment of principal amount to you. To the best of our knowledge, as at the time of publication of this document, the currencies available for this investment are not subject to any foreign exchange restrictions. However, you should always find out from your financial advisor if there are foreign exchange restrictions applicable to the currencies chosen by you before you decide to invest in Dual Currency Plus.
This document is for information only and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Before you make any investment decisions, you may wish to consult a financial adviser. Please visit any of our branches or contact our 24-hour Customer Service Hotline on 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas to make an appointment. In the event that you choose not to seek advice from a financial adviser, you should carefully consider whether this investment is suitable for you.
Call us on 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas