Are you looking for a Foreign Currency deposit with high interest and flexibility?
PowerSupport Plus
Comments from our Platinum Banker
Comments from Financial Planner
You can switch the currency of this deposit anytime during the term of deposit.
Get a chance to earn high interest as well as currency exchange gains.
Attractive features of PowerSupportPlus
High interest
Variable terms and currencies are available according to your needs.
Interest chart
Term US Dollars Euros Sterling
Pounds
Canadian
Dollars
Australian
Dollars
NewZealand
Dollars
6 months 1.5% p.a
1.2%p.a after tax
3.0% p.a
2.4%p.a after tax
4.5% p.a
3.6%p.a after tax
3.0% p.a
2.4%p.a after tax
6.0% p.a
4.8%p.a after tax
7.5% p.a
6.0%p.a after tax
1 year 1.5% p.a
1.2%p.a after tax
3.0% p.a
2.4%p.a after tax
4.5% p.a
3.6%p.a after tax
3.0% p.a
2.4%p.a after tax
6.0% p.a
4.8%p.a after tax
7.5% p.a
6.0%p.a after tax
* Interest on the day of deposit will be applied. That initial interest will be applied until the day of switch if you switch currencies during the term of your deposit, and it will be applied until the maturity if you do not switch currencies during the deposit.
* The interests stated above are effective as of February 6, 2008. They are subject to change due to market circumstances.
You can switch currency of your deposit anytime during the deposit
The advantages of PowerSupportPlus are the high interests that the Foreign currency Time Deposits have , and the flexibility that Savings Accounts have.You can change to any currencies you'd like according to your outlook on the currency exchange market or interest needs.
Example
Receive monthly interest in Yen
• You do not have to wait until the maturity.
• You can receive interest every month in Yen.
• It is like earning petty cash.
PowerSupportPlus is recommended for those who...
• Want to enjoy earning high interests that the Foreign currency deposit have.
• Want to react and move flexibly on Currency exchange market.
• Want to receive monthly interest in yen.
Minimum deposit amount is...
US Dollars/ Euros/ Sterling Pounds 5,000 Currency units or above
Australian Dollars/ NewZealand Dollars/ Canadian Dollars 10,000 Currency units or above
Related Links & Information
Learn more about Power Support Plus          Product Description
Are you an Account Holder?          PowerDirect Login
Are you a Non Account Holder?          StarterKit Request
About PowerSupportPlus
•  Deposit may be made from Japanese Yen Savings Account only, and you are to choose the foreign currency you want to deposit in. Currency exchange fee is 1 yen except for Sterling pounds , for exchanging one way (2 yens if both ways) if the exchange involves Japanese Yen. If the exchange involves 2 different foreign currencies other than yen, 0.01 or 0.02 is multiplied by one of the foreign currencies. Different fees will be applied on weekends and holidays.
•  You may not cancel PowerSupportPlus before maturity.
•  If currency switch is made during the deposit, different interest will be applied according to remaining term. Please confirm with Shinsei PowerCall(0120-456-007) for details
About Foreign Currency Deposit
•  Foreign currency in cash is not available.
•  Interest rate is stated on a before-tax basis, and it is subject to 20% withholding tax.
•  Foreign currency deposit may fall below your original yen amount due to exchange loss resulting from exchange rate fluctuation.
•  Deposits and withdrawals in yen shall be applied the exchange rate designated by our bank.
Therefore, the deposit may fall below your original yen amount even without exchange rate fluctuation.
•  Foreign currency deposit is not covered by Deposit Insurance.
•  Foreign currency time deposit cannot be cancelled before maturity.
•  Brochure is available at our branches for further information regarding foreign currency deposit.