Fluctuations in currency rates may result in significant losses in the amount invested in the event that the currency denominated in the transaction is exchanged to another currency.

Foreign currency-denominated transactions involve currency risks.

There is no liquid secondary market for this product, and the Bank has the right (but not the obligation) to terminate this product early upon occurrence of certain events. Investors have to bear the credit and insolvency risks of the Bank, and you could lose all of your investment. This product is not secured by any collateral, hence no first priority of claim to the proceeds of the collateral realized.

Investment in this product is not the same as buying any currency of the Currency Pair directly.

The principal protection feature of SDS is only applicable if this product is held to maturity and subject to the credit and insolvency risks of the Bank and the relevant terms and conditions.It is not covered by the Investor Compensation Fund, not equivalent to nor should they be treated as a substitute for fixed deposit. This product is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.

Ocbc corporate fixed deposit rate usd