Dual Currency Deposit Is Now Available via Citibank Online
OREANDA-NEWS. March 06, 2013. We are excited to announce the Dual Currency Deposit is available to our customers via Citibank Online.
This solution allows you to enter into FX derivatives contracts right from your personal account anywhere where there is an Internet connection, and is available for desktops, tablets and smartphones. Previously, such opportunities were available only to Private Banking clients of the top-tier investment houses. True to its tradition, Citibank offers its customers the brightest solutions powered by the cutting-edge technology and world-class investment products. This puts Citi Russia in one row with such financial centers as Singapore and Hong Kong, allowing our customers to benefit from outstanding services and products.
The Dual Currency Deposit is a flexible FX investment product, offering increased yield — up to and above levels of equity markets — in exchange for a currency risk. And it is up to the customer to decide how much risk he is willing to expose himself to.Together with variable tenor, this flexibility allows to tailor the Dual Currency Deposit to fit specific needs of the customer.
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The Dual Currency Deposit is an investment product and therefore falls within Citibank’s requirements for investment products. Citibank may refuse the Dual Currency Deposit without giving a reason for doing so. Investment products: Are not insured by the state. Are not a bank deposit. Are not guaranteed by the bank. May lose value, including possible loss of principal amount of investment. Past performance is not indicative of future results.
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