| As of Apr 22 ,2005 |
1.Product |
<PowerSupportPlus> Foreign Currency Time Deposit |
| 2.Conditions |
Individual customers with PowerFlex Accounts |
| 3.Term |
6 Months / 1 Year (Fixed)
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As a general rule, the maturity date shall be the day corresponding to the depositing day for the term of deposit. |
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If the depositing day is the last day of the month, the maturity date shall be the last day of the corresponding month. |
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Where no corresponding day exists, the maturity date shall be the last day of the corresponding month. |
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| 4.Deposit Method |
| (1) |
Deposit Method |
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Deposit shall be limited to a lump-sum deposit from ordinary yen deposit. |
| (2) |
Currencies eligible for deposit |
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US dollars, Euro, Sterling pounds, Australian dollars, New Zealand dollars, Canadian dollars |
| (3) |
Deposit Amount |
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| US dollars, Euro, Sterling pounds |
: 5,000 currency units or above |
| Australian dollars, New Zealand dollars, Canadian dollars |
: 10,000 currency units or above |
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| (4) |
Deposit Unit |
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1 supplementary currency units. |
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| 5.Switching of Currency during Deposit |
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The currency of the deposit may be changed between the currencies stated above in 4(2) plus Japanese Yen by Shinsei Bank's calculation. You can request for the currency switch anytime between a day after deposit and a day prior to maturity date. |
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You can not switch to more than one currency at once. |
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Your deposit day and Maturity date may not be changed. |
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| 6.Handling on Maturity |
Either of the following methods can be chosen at deposit.
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Roll-over of principal: Principal will be rolled over in the same amount in the same currency on maturity date for the term of deposit initially elected. |
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Automatic cancellation: Principal will be credited to the savings deposit of the maturing currency. |
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The handling method on maturity date can be changed before 7:00 p.m. on the day prior to maturity date. |
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The English translation used in the product descriptions are intended solely for customer convenience, and shall be used as for reference only.
Should there be any discrepancy between the Japanese and the English text, the Japanese text shall take precedence.
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