The amended Description of Dual-Currency and Investment Deposits will enter into force on 15 March 2024.

Key changes:

• We have changed the product name.  Dual-currency deposits will be referred to as “dual-currency investments”.  Thus, if we use the term “dual-currency deposit” after the effective date of the amended Description, it means “dual-currency investment”. The change of the product name will have no impact on the product service.
• We have changed the document title to “Description of Dual-Currency Investments and Investment Deposits” (“Transaction Description”).
• An early payment of interest on an investment deposit and an early partial withdrawal of a deposit will no longer be available. The client will be able to withdraw early only the entire deposit.
• We have changed the catalogue of definitions used in the Transaction Description. We have deleted some definitions and added new ones.
• We have introduced editorial and layout changes to make the document easier to understand, more reader-friendly and clearer.

The new Transaction Description will enter into force on 15 March 2024. Please read it carefully. For the Description of Transactions go to our website.