A highly attractive product with option and high interest rate allowing you to place funds and avail the benefit of higher interest rate on your funds by choosing to receive proceeds on maturity in any of the agreed currencies.
You can place funds in any major currency (Minimum US$ 100,000 or equivalent) for a specified period at an agreed interest rate and an agreed conversion rate. At that time you will also mention alternate currency in which you choose to accept the funds in case of Bank exercising the option on the date of maturity.
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