Principle Protected Deposit (PPD) – Double No Touch (DNT)

An ideal forex investment solution with optimal profit potential

100% Principal Protection

Safer investment with principal placement protection at maturity date

Competitive Returns

Returns are higher than time deposits

Short Term

The period starts from 1 week

Other Advantages

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Extensive Network

Wide range access to ATM in Indonesia, Malaysia, and Singapore

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Easy Transaction

Transactions can be done at any time

    Terms and Conditions

    Interest and Fee

    Other Information

    Terms & Conditions

1. For 1st transaction, customer must receive, understand and submit the following documents:
 
 • Call Report (of the meeting between customer and RM)
 
 • Risk Profile Questionnaire
 
 • Term and Condition of PPD Product
 
 • Product Highlight Sheet PPD
 
 • Form Placement
 
 • Indicative Term Sheet PPD DNT
 
2. Customer must submit copy ID
 
3. IDR currency is not allowed for PPD DNT placement

4. Minimum placements:
 
 • USD 5.000 (with the addition USD 1.000 or multiples) per customer
 
 • USD 100.000 per Book Building
Interest:

From PPD Placement, customer will receive minimum interest and additional return/bonus
, where the minimum interest is an interest that will be received by customer and additional return/bonus is total payout which will be added with minimum interest if spot rate touched the agreed lower/upper limit during the observation period (American Style) or at date and time of Determination (European Style)


Fee:

1. There is no placement fee for this product.


2. Costs due to Early Termination if it occurs. Basically, PPD DNT disbursement before maturity is not allowed. If PPD DNT disbursement before maturity upon Customer's request cannot be avoided, the Customer is obliged to provide compensation to the Bank for any losses, costs, bills and or expenses that may occur as a result of the accelerated disbursement, including funding costs and losses or costs incurred as as a result of termination and remaking of related trading positions in full and will pay administrative fees and other claims that may be charged to the Bank (all hereinafter referred to as "Termination Fees Before Time")

Other Information
 
I. Product Description
 
Principal Protected Deposit - Double NO Touch (PPD - DNT) is an investment instrument (Structured Product) in the form of a combination of time deposits in foreign currency and FX option where the return rate based on performance of underlying reference movement. Principal of the PPD DNT placement will be protected 100%
 
PPD DNT product is divided into 2 types, which is:
 
Principal Protected Deposit (PPD) - DNT American Style is an investment product which provide the opportunity to receive maximum return if during the observation period, the spot rate of the underlying instrument does not touch the lower and upper limit that has been determined and agreed upon by both parties, the Investor and the Bank
 
Principal Protected Deposit (PPD) – DNT European Style is an investment product which provide the opportunity to receive maximum return if the spot rate of the underlying reference at Fixing Date and Time is within the range, does not touch the lower and upper limit that has been determined and agreed upon by both parties, the Investor and the Bank

II. Product Simulation

1. Example of PPD – European DNT Transaction

Currency Pair EUR - USD
Trade Date 8 June 2019
Vaue Date 13 June 2019
Expiry Date 11 July 2019 at 13.00
Maturity Date 13 July 2019
Tenor 1 month
Spot 1.1250
Lower Limit Spot + 150 = 1.1400
Upper Limit Spot - 200 = 1.1050
Minimum Return Rate 0.50%
Bonus (Payout) 2.25%
Placement Amount USD 10,000


Scenario 1:
 
At Fixing Date and Tim, EUR – USD was trading at 1.1450.
 
Then Investors in this case will get a minimum rate of return, which is 0.50%.
 
On maturity date, the Investor will get the following total payments:
 
= USD 10,000 + (USD 10,000 x 0.50% x 30/365)

= USD 10,004.10 gross
 
= USD 10,003.28 nett
 
 
Scenario 2:
 
At Fixing Date and Time, EUR – USD was trading at 1.1300.
 
Then the investor in this case will get a maximum rate of return, which is 2.75%.
 
On maturity date, the Investor will get the following total payments
 
= USD 10,000 + (USD 10,000 x (0.5% + 2.25%) x 30/365)
 
= USD 10.022.60 gross

= USD 10,018.08 nett

2. Example of PPD – American DNT Transaction

Currency Pair EUR - USD
Trade Date 8 June 2019
Vaue Date 13 June 2019
Expiry Date 11 July 2019 at 13.00
Maturity Date 13 July 2019
Observation Period 8 June 2019 - 11 July 2019
Tenor 1 month
Spot 1.1250
Lower Limit Spot + 150 = 1.1400
Upper Limit Spot - 200 = 1.1050
Minimum Return Rate 0.50%
Bonus (Payout) 2.25%
Placement Amount USD 10,000


Scenario 1:
 
 If during the observation period the EUR-USD touched the upper limit of 1.1400 or the lower limit of 1.1050, the Investor in this case obtained a minimum return of 0.50%
 
On maturity date, Investor will receive total payment as follows:
 
 = USD 10,000 + (USD 10,000 x 0.50% x 30/365)
 
 = USD 10,004.10 gross
 
 = USD 10,003.28 nett
 
 
 
Scenario 2:
 
If during the observation period the EUR-USD NEVER touches the upper limit at the level of 1.1400 AND the lower limit of 1.1050, the Investor in this case will get a maximum rate of return, which is 2.75%
 
On maturity date, Investor will receive total payment as follows:
 
 = USD 10,000 + (USD 10,000 x (0.5% + 2.25%) x 30/365)
 
 = USD 10.022.60 gross
 
 = USD 10,018.08 nett

III. Facility / Channel
 
Transactions can be done at all Bank OCBC NISP branch offices

IV. Complaint Procedure
 
Customers can submit complaints related to products through:
 
 1. Call OCBC NISP di 1500 – 999 (domestic call) atau 021-26506300 (overseas call)
 2. Contact Relationship Manager (RM)
 3. Email to callcenter@ocbcnisp.com
 4. Click www.ocbcnisp.com

1. You hereby acknowledge that you have read, received explanation and understood the product and/or service as specified in this Summary of Product and/or Service Information (“Summary”) and have informed, understood and accepted any consequences of product and/or service including all inherent benefits, risks and costs.

2. This Summary is intended only as an information and does not aim to be a basis for investment decisions. Past performance is not an indication of future performance. Any proposal documents for investment related products, must be studied further. Any projections, opinions or other statistical facts displayed in this information are only an indication and are not guaranteed in any form. You must determine your own decisions in accordance with the needs and investment strategies by considering legal, tax and accounting issues. Based on good intentions and moral responsibility, Bank OCBC NISP and each of its employees are not responsible for any direct or indirect losses, or as a consequence arising from the use of and dependence on this information in an investment decision.

3. Bank OCBC NISP reserves the right to reject your product and/or service application if it does not fulfil the requirements and the application of laws and regulations.

4. You have to carefully read this Summary and contact Bank OCBC NISP if there are further queries in respect of the product and/or service contained in this Summary.

5. This Summary has been adjusted to be in accordance with the provisions of regulations including the regulations of Financial Service Authority.


This Summary is made in English and Bahasa Indonesia, and in the event of inconsistency between the version, Bahasa Indonesia shall prevail.
PT Bank OCBC NISP Tbk terdaftar dan diawasi oleh OJK dan merupakan peserta penjamin LPS

Achievements

List of OCBC NISP Awards in keeping the quality and trust for the Customer

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Berinvestasi dengan Principle Protected Deposit (PPD) – Double No Touch (DNT)

Popular questions about Principle Protected Deposit (PPD) - Double No Touch (DNT)

Principal Protected Deposit - Double NO Touch (PPD - DNT) is an investment instrument (Structured Product) in the form of a combination of time deposits in foreign currency and FX option in which the principal of the PPD DNT placement will be protected 100% if it holds until maturity

In PPD - OT, customers will earn bonus if the currency touches the agreed price between customers and Bank, while in PPD - DNT, customers will earn bonus if the currency moves in range of agreed price

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