Go Back   2018 2019 EduVark > Education Discussion > General Discussion



  #1  
Old January 21st, 2016, 02:51 PM
Unregistered
Guest User
 
Posts: n/a
Default Standard Chartered DCI

Hey buddy I’m looking for some information about Dual Currency Investment facility conducted by the Standard Chartered Bank?
Reply With Quote Quick reply to this message
Similar Threads
Thread Thread Starter Forum Replies Last Post
Just One Standard Chartered Unregistered General Discussion 1 January 21st, 2016 10:48 AM
Standard chartered PK Unregistered General Discussion 1 January 19th, 2016 10:19 AM
Standard Chartered SSI Unregistered General Discussion 0 September 2nd, 2015 05:35 PM
Standard chartered VSS Unregistered General Discussion 0 August 24th, 2015 05:12 PM
UAE Standard Chartered Unregistered General Discussion 0 August 22nd, 2015 09:50 AM
Standard Standard Chartered Bank Pakistan Unregistered General Discussion 0 August 19th, 2015 05:16 PM
Standard Chartered ATM in BTM Unregistered General Discussion 0 August 18th, 2015 12:36 PM
Standard Chartered Benefits Unregistered General Discussion 0 August 13th, 2015 02:28 PM
Standard Chartered ATM In Vashi Unregistered General Discussion 0 August 13th, 2015 12:13 PM
Standard Chartered GTO Unregistered General Discussion 0 August 13th, 2015 10:45 AM
Standard Chartered BD Unregistered General Discussion 0 August 13th, 2015 10:13 AM
Standard Chartered Faq Unregistered General Discussion 0 August 12th, 2015 03:45 PM
Standard Chartered USA Unregistered General Discussion 0 August 12th, 2015 03:03 PM
Standard Chartered USD Account Unregistered General Discussion 0 August 11th, 2015 11:24 AM
Standard Chartered WB Unregistered General Discussion 0 August 8th, 2015 12:05 PM

  #2  
Old January 21st, 2016, 03:36 PM
Super Moderator
 
Join Date: Mar 2012
Posts: 33,070
Default Re: Standard Chartered DCI

Yes buddy I will help you here to get the information about Dual Currency Investment facility conducted by the Standard Chartered Bank so that you can have idea about it.

Standard Chartered's Premium Currency Investment is a dual-currency investment that gives you more control with potentially higher returns.

Feature of DCI

Standard Chartered's Premium Currency Investment offers you potential returns up to 15% p.a.*.
Short Tenures

Choose from a range of short tenures. You can invest for just 1 week or 1 month.
Customised Deals

Our customised deal means you select the currencies*** and the conversion rate for your investment.

Currencies Available

Australian Dollar

Euro Dollar

Japanese Yen

New Zealand Dollar

Pound Sterling

US Dollar

Process of working of DCI
Step 1:

In DCI let's assume you have funds of MYR250,000 and you do not mind holding New Zealand Dollars (NZD).

Step 2:
After that the Reference Exchange Rate on the trade date between these two currencies (NZD/MYR) is 2.4769.

To be more conservative you can set a Target Conversion Rate (TCR) of 2.4680.

Step 3:
You don't need the funds for the next 2 weeks, so you choose a 14-day tenure.

At this stage, they will inform you of the confirmed interest rate you will enjoy.

You can assume it is 15% p.a. for this example.

Step 4:
On Fixing Day (2 business days before maturity), we will determine whether your funds plus the confirmed interest will be repaid in MYR or NZD.

Address:-
Standard Chartered Bank
1 Basinghall Avenue
London, EC2V 5DD
United Kingdom


Phone:-
+44 (0)20 7885 8888
Reply With Quote Quick reply to this message
Reply


Quick Reply
Your Username: Click here to log in

Message:
Options

Forum Jump


All times are GMT +5.5. The time now is 03:40 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2018, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0

1 2 3