#1
7th October 2017, 01:25 PM
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Abn amro dcd
Can you provide me the Brochure for details of the Dual Currency Deposit (DCD) under ABN AMRO Private Banking?
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#2
7th October 2017, 03:13 PM
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Re: Abn amro dcd
A Dual Currency Deposit (DCD) under ABN AMRO Private Banking is a short-term investment that offers investors the possibility of receiving a substantially higher yield for moderate movements in exchange rates. It is highly suited to investors with assets in more than one currency, with investment plans in a foreign currency, or with a clear currency vision. A DCD will be of interest to one if one does not mind if the capital and interest are converted into an alternative currency. The more risk one is prepared to accept, the higher the potential yield. The yield depends on a number of variables including: currency pair, term (tailored), market interest rates and volatility of currencies. There is a DCD variant for either currency vision: up or down. With an up-variant, the capital is repaid in the base currency if the spot rate at expiration date is equal to or below the conversion rate. If the spot rate at expiration date is above the conversion rate, the capital plus interest is repaid in the alternative currency. ABN AMRO DCD Brochure ![]() ![]() ![]() ![]() ![]() ![]() |