Defined Return Deposit Issue 2
Defined Return Deposit Issue 2 offers 100% capital protection on your deposit. In addition, the Product offers a Minimum Return of 2.00% if market falls over the Term. If markets remain flat or rise over the Term the Product offers a Defined Return dependent on your Deposit Choice; 11% for Sterling or 15% for US dollar and Australian dollar deposits.
What does it offer me?
Level of risk: Low to Medium
Currency: Sterling, US dollar or Australian dollar
Minimum amount of £10,000, US$15,000 or AU$15,000
Apply before: 28 August 2018
Four years, and 1 week
No access until the Maturity Date
Matures: 14 September 2022
All Deposit Choices: 2.00% (0.49% AER)
Sterling deposits: 11.00% (2.63%% AER)
US dollar and Australian dollar deposits: 15.00% (3.54% AER)
Market Linked Return
At maturity you will receive back your Original Deposit plus a Minimum Return or a Defined Return:
Sterling deposits are the linked to the performance of the S&P United Kingdom Index
US dollar deposits are linked to the performance of the S&P 500 Index
Australian dollar deposits are linked to the performance of the S&P / ASX 200 Index
Start of offer period 18 June 2018
End of offer period 28 August 2018
Start Date 07 September 2022
Maturity Date 14 September 2022
Am I eligible?
You can apply for this Standard Bank Jersey Limited or Standard Bank Isle of Man Limited Product if:
You are aged 18 or over
You are able to meet the minimum balance requirements indicated above
Customers are required to make the deposit into their call account prior to strike date.