Structured Product

Foreign currency investment with returns more optimal than conventional deposits

Competitive Return

Higher profitability compared to conventional time deposits

Short Term

Flexibility to choose the period according to business needs 

Available in Various Currency

Flexible to choose foreign currencies according to business needs

    Product 1: Dual Currency Returns

    Product 2: Forward Link Deposit

    Product 3: Principal Protected Deposit

    Product Information Summary

Interest and Fees

Interest:

The rate of return paid is fixed in accordance with the agreement in the transaction contract and is paid when due

Fee:
  1. There is no fee charged to the Customer for placement on this product.
  2. Costs due to Early Termination if it occurs. Basically, DCR disbursement before maturity is not allowed. If DCR 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

Dual Currency Return (DCR) is a short-term investment instrument which is a structured product in the form of a combination of deposits and Foreign Exchange Option instruments

With DCR, customers will get the potential for higher returns than conventional time deposits and protected structured products, but there is no 100% return protection on the principal value of the placement

DCR does not provide protection for the principal value of the placement of the Customer because at maturity there is a possibility the Customer receives funds in currency pairs (alternate currency), according to the previous agreement


II. Product Simulation
  1. “CONVERTED” transaction Scenario
    If on Fixing Date & Time (18 July 18) the AUD / USD reference spot rate is below 0.7400, for example 0.7350, the customer's funds are "CONVERTED"
    • Customer will receive the investment in AUD with detail as follows:
      = USD 25,000 + (USD 25,000 x 5% x 7/365)
      = USD 25,023.97 gross
      = USD 25,019.18 net: 0.7400 (strike)
      = AUD 33,809.70 net
  2. “NOT CONVERTED” transaction Scenario
    If on Fixing Date & Time (18 July 18) the AUD-USD reference spot rate is equal to or above 0.7400, the customer's funds are "NOT CONVERTED"
    • Customer will receive the investment in USD with detail as follows:
      = USD 25,000 + (USD 25,000 x 5% x 7/365)
      = USD 25,023.97 gross
      = USD 25,019.18 net
Example of DCR Transaction:
Pasangan Mata Uang (Ccy Pair) AUD/USD
Mata Uang Dasar (Base Ccy) USD
Mata Uang Alternatif (Alternate Ccy) AUD
Tenor 1 Minggu (=7 hari)
Tanggal Transaksi (Transaction Date) 11 Juli 2018
Tanggal Penempatan (Placement/Value Date) 13 Juli 2018
Tanggal Penentuan (Fixing/Expiry Date) 18 Juli 2018 (Pk 13.00 WIB)
Tanggal Jatuh Tempo (Maturity Date) 20 Juli 2018
 Nominal USD 25,000
Spot  0.7500
Buffer 100
Strike Price 0.7400 (spot - buffer)
Bunga (Yield) 5% p.a. (gross)

III. Risk of Product and Other Information
  1. Market Risk
    Customer refunds at maturity depend on the performance of the underlying Reference. If the Customer's funds are converted into alternative currencies and the Customer decides to convert back the funds to the base currency, the Customer will likely experience capital loss on the principal placement in the DCR product; or If the Customer's funds after converting to an alternative currency and since then the exchange rate of the alternative currency chosen by the Customer continues to weaken, the Customer will experience a principal loss on the placement of the DCR

  2. Liquidity Risk
    DCR cannot be disbursed by the customer before maturity

  3. Feature Risk
    Customer's funds at maturity can be converted into alternative currencies, if the exchange rate of the base currency against alternative currencies on the date and time of determination is higher (stronger) than the target exchange rate agreed mutually between the Customer and the Bank

  4. DCR cannot be rolled over, so each placement is a new placement; and

  5. DCR cannot be used as a credit guarantee

IV. Facility / Channel

Transactions can be done at all Bank OCBC NISP branch offices

V. Complaint Procedure

Customers can submit complaints related to DCR products through:

  1. Call OCBC NISP di 1500 – 999 (dalam negeri) atau 021-26506300 (luar negeri)
  2. Menghubungi Relationship Manager (RM)
  3. Email ke callcenter@ocbcnisp.com
  4. Click www.ocbcnisp.com

Requirements

Terms and Condition
  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 DCR Product
    • Product Highlight Sheet DCR

  2. The customer must submit a copy of his identity card and proof of asset ownership in the form of cash, saving account, current account and/or time deposits

  3. The customer must wait for a cooling off period of 3 working days after the customer receives and completes the document before making a DCR transaction for the first time. For subsequent placements, the customer will receive an indicative term sheet and only need to complete the Structured Product Placement Form (DCR Section) and proof of asset ownership

  4. Currency of DCR placement can only be done according to the currency available at Bank OCBC NISP

  5. IDR currency is not allowed for DCR placement

  6. Minimum placements:
    Nominal transaction starts from USD 10.000 or equivalent (bookbuilding USD 25.000)

  7. Individual customer must have liquid assets of IDR 5 billion or equivalent in the form of cash, saving account, current account and/or time deposits

Disclaimer

  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

Interest:
The rate of return paid is fixed in accordance with the agreement in the transaction contract and is paid when due

Fee:
  1. There is no placement fee for this product.

  2. Costs due to Early Termination if it occurs. Basically, FLD disbursement before maturity is not allowed. If FLD 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")
I. Product Description

Forward Linked Deposit (FLD) is a short-term investment instrument (Structured Product) in the form of a combination of time deposits and foreign exchange swap instruments


II. Product Simulation
  • On transaction date, customer must provide Good Fund .
  • On Placement date, customer’s fund in placement currency (FLD currency) will be switch to FLD Counter Currency (pair currency) using an exchange rate agreed at the beginning of the transaction in accordance with the placement date of the currency
  • Customer’s fund in the FLD Counter Currency will be placed as time deposits during the contract period agreed upon
  • On maturity date, principal and interest in FLD Counter Currency will be switch back to placement currency (FLD Currency) using an agreed exchange rate for Foreign Exchange Forward transaction in the beginning of transaction


Example of FLD Transaction:

FLD Currency AUD
FLD Counter Currency USD
Tenor 1 month (31 days)
Nominal AUD 100,000
Spot Rate 0.71
FLD Interest 1.75%
Transaction Date 12 Feb 2020
Placement Date 14 Feb 2020
Maturity Date 16 Mar 2020

On maturity date, customer will receive:
= AUD 100,000 + (100,000 x 1.75% x 31/365)
= AUD 100,148.63 gross
= AUD 100,118.90 (net)


III. Risk of Product and Other Information
  1. Liquidity Risk
    FLD cannot be disbursed before maturity. If the disbursement happens before the maturity, Bank will not guarantee the principal return of 100%
  2. FLD cannot be rolled over, so each placement is a new placement; and
  3. FLD cannot be used as a credit guarantee
IV. Facility / Channel

Transactions can be done at all Bank OCBC NISP branch offices


V. 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
Terms and Condition
  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 FLD Product
    • Product Highlight Sheet FLD
  2. For next placement, customer will only receive Indicative Term sheet and only require fulfilling the FDL placement form
  3. Currency of FLD placement can only be done accordingly to the currency available at Bank OCBC NISP
  4. IDR currency is not allowed for FLD placement
  5. Minimum placements:
    • 10.000 (EUR, GBP, AUD, NZD, CHF, CAD, SGD)
    • 100.000 (CNH)
    • 1.000.000 (JPY)

Disclaimer

  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

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 OT disbursement before maturity is not allowed. If PPD OT 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")

I. Product Description

Principal Protected Deposit - One Touch (PPD - OT) 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 of the customer’s principal based on underlying reference movement. The principal of placement will be 100% protected if it holds until maturity.

PPD OT product is divided into 4 types, which is:

Principal Protected Deposit (PPD) - American One Touch Down is an investment product which provide the opportunity to receive maximum return if during the observation period (from Trade Date until Fixing Date and Time) the underlying instrument moves downward, touching the Lower Limit that has been determined and agreed upon by both parties, the Investor and the Bank

Principal Protected Deposit (PPD) - American One Touch Up is an investment product which provide the opportunity to receive maximum return if during the observation period (from Trade Date until Fixing Date and Time) the underlying instrument moves upward, touching the Upper Limit that has been determined and agreed upon by both parties, the Investor and the Bank

Principal Protected Deposit (PPD) - European One Touch Down is an investment product which provide the opportunity to receive maximum return if spot rate of underlying instrument at Fixing Date and Time moves downward and toucher the Lower Limit that has been determined and agreed upon by both parties, the Investor and the Bank

Principal Protected Deposit (PPD) - European One Touch Up is an investment product which provide the opportunity to receive maximum return if spot rate of underlying instrument at Fixing Date and Time moves upward and toucher the Upper Limit that has been determined and agreed upon by both parties, the Investor and the Bank


II. Product Simulation

1. Example of PPD OT American OT Down Transaction

Currency Pair AUD - USD
Trade Date 27 June 2019
Value Date 29 June 2019
Expiry Date 27 July 2019
Maturity Date 31 july 2019
Tenor 1 Month
Observation Period 27 June - 27 July 2019
Spot 0.7600
Lower Limit Spot - 200 = 0.7400
Minimun Return Rate 0.50%
Bonus (Payout) 2.25%
Placement Amount USD 10,000

Scenario 1:
During the observation period AUD-USD was trading low at 0.7450. 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 32/265)
= USD 10,004.38 gross
= USD 10,003.51 nett

Scenario 2:
During the observation period AUD-USD passed the Lower Limit, and hit lowest traded at 0.7390. 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 32/365)
= USD 10.024.11 gross
= USD 10,019.29 nett

2. Example of PPD European OT Down Transaction
Currency Pair AUD - USD
Trade Date 27 June 2019
Value Date 29 June 2019
Expiry Date 27 July 2019 pukul 13:00 WIB
Maturity Date 31 july 2019
Tenor 1 Month
Spot 0.7600
Lower Limit Spot - 200 = 0.7400
Minimun Return Rate 0.50%
Bonus (Payout) 2.25%
Placement Amount USD 10,000

Scenario 1:
If on Fixing date and time (27 Jul 2019, at 13:00 WIB), AUD-USD level is above 0.7400, then Investors in this case will get a minimum return of 0.50%.
On maturity date, the investor will receive total payment as follows:
= USD 10,000 + (USD 10,000 x 0.50% x 32/265)
= USD 10,004.38 gross
= USD 10,003.51 nett

Scenario 2:
If on Fixing date and time (27 Jul 2019, at 13:00 WIB), AUD-USD level is below 0.7400, then Investors in this case will get a maximum minimum return of 2.75%.

On maturity date, the investor will receive total payment as follows:
= USD 10,000 + (USD 10,000 x (0.5% + 2.25%) x 32/365)
= USD 10.024.11 gross
= USD 10,019.29 nett

3. Example of PPD American OT Up Transaction
Currency Pair AUD - USD
Trade Date 27 June 2019
Value Date 29 June 2019
Expiry Date 27 July 2019
Maturity Date 31 july 2019
Tenor 1 Month
Observation Period 27 June - 27 July 2019
Spot 0.7600
Lower Limit Spot + 200 = 0.7800
Minimun Return Rate 0.50%
Bonus (Payout) 2.25%
Placement Amount USD 10,000

Scenario 1:
During the observation period the highest AUD-USD traded at 0.7750. Then Investors in this case will get a minimum rate of return, which is 0.50%.
On maturity date, investor will receive total payment as follows:
= USD 10,000 + (USD 10,000 x 0.50% x 32/265)
= USD 10,004.38 gross
= USD 10,003.51 nett

Scenario 2:
During the observation period the AUD-USD crossed the upper limit, the highest traded at 0.7810. Then 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 32/365)
= USD 10.024.11 gross
= USD 10,019.29 nett

4. Example of PPD European OT Up Transaction
Currency Pair AUD - USD
Trade Date 27 June 2019
Value Date 29 June 2019
Expiry Date 27 July 2019 pukul 13:00 WIB
Maturity Date 31 july 2019
Tenor 1 Month
Spot 0.7600
Lower Limit Spot + 200 = 0.7800
Minimun Return Rate 0.50%
Bonus (Payout) 2.25%
Placement Amount USD 10,000

Scenario 1:
If on Fixing date and time (27 Jul 2019, at 13:00 WIB), AUD-USD level is below 0.7800, then the Investor in this case will get a minimum rate of return, which is 0.50%
 
On maturity date, investor will receive total payment as follows:
= USD 10,000 + (USD 10,000 x 0.50% x 32/265)
= USD 10,004.38 gross
= USD 10,003.51 nett
 
 
Scenario 2:
If on Fixing date and time (27 Jul 2019, at 13:00 West Indonesia Time), AUD-USD is above the level of 0.7800, then Investors 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 32/365)
= USD 10.024.11 gross
= USD 10,019.29 nett


III. Risk of Product and Other Information

  1. Liquidity Risk
    PPD OT cannot be disbursed before maturity. If the disbursement happens before the maturity, Bank will not guarantee the principal return of 100%

  2. Market Risk
    The return rate depends on the movement of the underlying reference

  3. Feature Risk
    It is a risk that arises if the requirements to get the maximum rate of return are not fulfilled which causes the Customer to only receive 100% (one hundred percent) of the principal amount plus the minimum interest

  4. Other Risk
    • PPD OT cannot be rolled over, so each placement is a new placement; and
    • PPD OT cannot be used as a credit guarantee

IV. Facility / Channel

Transactions can be done at all Bank OCBC NISP branch offices


V. 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

Terms and Condition

  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

  2. Customer must submit copy ID

  3. IDR currency is not allowed for PPD OT placement

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

Disclaimer

  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

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