Powered Teiki Plus
Structured Deposit Dual Currency Time Deposit Powered Teiki Plus -Strike rate post-decision type-

Currency of receiving principal at maturity is Yen or Foreign currency.
(Depends on the maturity exchange rate, strike rate will be determined by Shinsei Bank's and principal will be credited to your PowerFlex Yen or Foreign currency savings account.)

 Deposit term: 3year 5year
US dollar type Australian dollar type New Zealand dollar type
Deposit terms is 3 years or 5 years.
3year deposit [Strike rate = 82.49 yen / Base rate] Interest up to 5.55% p.a.[4.440% p.a. after tax]3year deposit [Strike rate = 77.49 yen / Base rate -5yen] Interest up to3.96% p.a.[3.168% p.a. after tax]3year deposit [Strike rate = 74.99 yen / Base rate -7.5yen] Interest up to3.27% p.a.[2.616% p.a. after tax]3year deposit [Strike rate = 72.49 yen / Base rate -10yen] Interest up to2.58% p.a.[2.064% p.a. after tax]
more possibility that you may receive principal by Yen
With this deposit, you can receive higher interest rates than our regular 3-year or 5-year time deposits in Yen in return for granting your right to convert the receivable currency at maturity to Foreign Currency under a certain condition to the bank (Shinsei Bank).
* Above condition for 3-year deposit is "US dollar strike rate = base rate = 107.21"“Australian dollar strike rate = base rate =94.34”“NewZealand dollar strike rate= base rate =82.49”on January 17, 2008.
* There are varieties of interests you can choose according to term and strike rate.(There may be cases with less than four available strike rates).Deposit terms is 3 years or 5 years.
* After maturity yen savings or Foreign currency interest rate will be applied and the above interest rate will not be applied.
Latest interest table
Attractive features
Important reminder
You will receive fixed Yen interest every year until maturity.
In case Yen is weaker than the base rate or equal to the base rate at the two business days prior to maturity day, the principal does not fall below your original yen amount.
what is a "strike rate"
Unless you receive Foreign currency at maturity day, principal is covered by Deposit insurance.
In case you receive principal in Foreign currency at maturity, strike rate is used for exchange and there will be no foreign exchange fee applied
If Yen is stronger than "strike rate" on the two business days prior to maturity day, principal receive in Foreign currency .( Deposit to Foreign currency savings account)
In case receivable currency at maturity is Foreign Currency and you wish to exchange Foreign Currency to Yen, Shinsei Bank`s exchange rate (TTB/ TTS) including the exchange commission shall apply. Therefore the Yen equivalent of a foreign currency deposit may be less than the original Yen principal before it was converted to the foreign currency, even there was no exchange rate fluctuation.
Even if yen is weaker than exchange rate at the time of depositing, exchange gain does not occur.
Cancellation before maturity is not permitted. In this case, your principal is not guaranteed. Deposit may fall significantly below your original yen amount by market environment.
In case of receivable currency at maturity is Foreign Currency and deposit to foreign currency savings account, it is not subject to Deposit insurance.
Please understand the product well and confirm that
the purchase amount does not exceed your excess fund.
Structure of Powered Teiki Plus
1:Deposit by Yen 2:Interest you will receive in Yen is fixed 3:Determination(2business days maturity day)
* The principal is paid in Yen or Foreign currency at maturity to the savings account. Foreign currency in cash is not available. We charge a commission on foreign currency transfers.
Example for interest rate and interest
case for 3-years interest rate and interest at maturity (after tax) 3,000,000yen
you can choose strike rate from the following rate

strike rate base rate
(107.21yen)		 base rate -5yen
(102.21yen)		 base rate -7.5yen
(99.71yen)		 base rate -10yen
(97.21yen)

US dollar 		1.85% p.a.
[1.480% p.a. after tax]
interest per year amount about :44,400yen		 1.04% p.a.
[0.832% p.a. after tax]
interest per year amount about :24,960yen 		--% p.a.
[--% p.a. after tax]		 --% p.a.
[--% p.a. after tax]

strike rate base rate
(94.34yen)		 base rate -5yen
(89.34yen)		 base rate -7.5yen
(86.84yen)		 base rate -10yen
(84.34yen)

AU dollar 		5.13% p.a.
[4.104% p.a. after tax]
interest per year amount about :123,120yen 		3.77% p.a.
[3.016% p.a. after tax]
interest per year amount about :90,480yen 		3.18% p.a.
[2.544% p.a. after tax]
interest per year amount about :76,320yen 		2.60% p.a.
[2.080% p.a. after tax]
interest per year amount about :62,400yen

strike rate base rate
(82.49yen)		 base rate -5yen
(77.49yen)		 base rate -7.5yen
(74.99yen)		 base rate -10yen
(72.49yen)

NZ dollar 		5.55% p.a.
[4.440% p.a. after tax]
interest per year amount about :133,200 yen 		3.96% p.a.
[3.168% p.a. after tax]
interest per year amount about :95,040yen 		3.27% p.a.
[2.616% p.a. after tax]
interest per year amount about :78,480yen 		2.58% p.a.
[2.064% p.a. after tax]
interest per year amount about :61,920yen

* Above condition for 3-year deposit is "US dollar strike rate = base rate = 107.21""Australian dollar strike rate=base rate=94.34""NewZealand dollar rate =base rate=82.49"on January 17, 2008..Depending market environment it will be changed everyday. Also interest you will receive will be changed by the day which is calculated.
* There are varieties of interests you can choose according to term and strike rate.
* Deposit terms is 3 years or 5 years. After maturity yen savings or Foreign currency interest rate will be applied and the above interest rate will not be applied.
??????? Latest interest table
About currency of receiving principal at maturity
Currency of receiving principal at maturity is Yen or Foreign currency.
(Depends on the maturity exchange rate, strike rate will be determined by Shinsei Bank's and principal will be credited to your PowerFlex Yen or Foreign currency savings account.)
*Strike rate" shall apply to covert to alternate (foreign) currency. It might be unfavorable compared to the TTS rate (exchange rate from yen to foreign currency) specified by the Bank including exchange handling fee.

[ Image of receiving principal at maturity ]
*The image of receiving principal does not represent Shinsei Bank's view on the foreign exchange market. We advise you to use your own judgment before application.
In case receivable currency at maturity is Foreign Currency and you wish to exchange Foreign Currency to Yen, Shinsei Bank`s exchange rate (TTB/ TTS) including the exchange commission shall apply. Therefore the Yen equivalent of a foreign currency deposit may be less than the original Yen principal before it was converted to the foreign currency, even there was no exchange rate fluctuation. Foreign currency in cash is not avaiable.We charge a commission on foreign currency transfers.
About the risk in case you wish to receive principal in USD
For example, in case the conditions for a deposit of 5 million yen are that "the strike rate = the base rate (118.17 yen)" and "the exchange rate at maturity = 113.00 " if you wish to convert the principal credited to your USD savings deposit account immediately to Yen (TTB rate = 112.00 ), you will receive approximately 4.73 million yen.
Cancellation before maturity
Cancellation before maturity is not permitted. If we find it necessary to accept cancellation before maturity, we will cancel the deposit and the remaining amount which we will deduct deposit restructuring amount and other costs occurred to the bank during cancellation day to maturity day, which is calculated by our original formula, will be credited to your Power Flex Yen savings account. Please note that in this case, your principal is not guaranteed.
1. Value of currency option at the time of early withdrawal
2. Difference between the applicable rate on the deposit and the the market interest rate (of the deposit currency) corresponding to the remaining period at the time of the early withdrawal

*Generally speaking, the higher the exchange rate for the deposit currency and the shorter the duration period from the time of deposit, the higher the cost of cancellation.

*Just for reference, even if withdrawing immediately after effectuating the deposit, the cost associated with the restructuring results in cancellation cost of roughly 6% of the principal for 3-year time deposit and 9% of the principal for 5-year type.

*Cancellation cost borne at the time of the early withdrawal fluctuates, depending on the status of the market at that time; therefore, cancellation cost to be borne for early withdrawal are not fixed at the time of the deposit. Also, depending on actual financial conditions, it is possible that cancellation cost borne at the time of the withdrawal could become higher than aforementioned level.
Minimum deposit amount is 300,000 yen if you apply through online
Online Phone / Branch
300,000 yen 2,500,000 yen
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