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| Home>Investments>Market Linked Deposits |
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Market Linked Deposits |
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| Citibank is offering new structured product called Market Linked Deposit which helps the client to diversify his current portfolio of banking and investment products with a product that combines features of both asset classes at once – principal of the deposit is insured and the potential return is linked to the performance of the undelying currency pair. |
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- Short-term investment product with tenor up to 6 months
- Principal – the deposit – is insured within the Irish Deposit Protection Scheme up to EUR 100 000,-
- The product provides the possibility to participate on the performance of the underlying currency pair
- It can earn the client potentiallly higher return when comparing to the interest rates on savings account or time deposits
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What can be the tenor of the product?
The Market Linked Deposit can be offered with tenor 1 month up to 6 months.
What are the underlyings of the product?
The underlyings of the product can be various option strategies on particular currency pairs. Hence, the product may be suitable for client who has spefic view on the development of the underlying currency pair, e.g. EUR/CZK.
Is there any fee aplied when opening the Market Linked Deposit?
Opening of the deposit is made without any charge applied. As a provision the bank gets so called spread which is communicated to the client before opening of the deposit.
Is it possible to early terminate the deposit?
The Market Linked Deposits should be hold by the client till its maturity to provide the principle protection and potential return. In case the client wants to terminate the product before its maturity, 5% early termination fee will be appliaed.
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Click on to expand and on to minimise the details. |
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| Notice |
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| Important notice |
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| Investment instruments are not bank deposits and are insured neither by any governmental institution nor by the Deposit Insurance Fund. They do not represent liabilities of and are not in any way guaranteed or insured by Citibank Europe plc, Citigroup Inc, or by any affiliated company directly or indirectly controlled by Citigroup Inc, unless expressly stated otherwise under a valid statute/prospectus or other binding constitutive document specifying terms and conditions for a particular investment instrument. Investment instruments are subject to investment risks and entail the risk of possible loss, including the risk of loss of the invested principal. Past or expected returns or performance of an investment instrument are neither a guarantee nor a reliable indicator of future income. The value of investment instruments can go up and down. The return of principal invested in investment instruments is not guaranteed, and expected or possible income on investment instruments is not guaranteed. Investment instruments may be subject to currency or foreign exchange fluctuations, including the risk of loss of the invested principal. This is not an exhaustive list of risks - please contact your personal banker for more information. |
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| Investment services provided by Citibank Europe plc through its branch located in the Czech Republic are provided exclusively in this territory, and generally only to tax-paying residents of the Czech Republic (within the meaning of the provisions of Section 2 of Act 586/1992 Coll., on income tax, as amended). |
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| Investment instruments must not be offered to individual persons of: |
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- The United States (U.S. Persons) which means: citizens of the U.S. or holders of U.S green cards or residents of the U.S. for the purposes of federal income tax assessment.
- Ireland (Irish Persons) which means citizens of Ireland or residents of Ireland for the purposes of income tax assessment, who are physically present in the territory of Ireland when submitting the instruction for subscription/redemption/switch of investment instruments distributed by Citibank Europe plc. Citibank is not allowed to accept from citizens of Ireland any instructions for subscription/redemption/switch of collective investing securities domiciled in Ireland.
- Australia (Australian Persons) which means citizens of Australia who are physically present in the territory of Australia when submitting the instruction for subscription/redemption/switch of investment instruments distributed by Citibank Europe plc.
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| In case of any diescrepancies between Czech and English version of the web pages, Czech version prevails. |
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