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| Home>Investments>Premium Account |
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| Premium Account (PA) offers you the opportunities to earn attractive interest returns and potential growth from foreign exchange (FX) investments. Please note that, FX investments are subject to exchange rate fluctuations which may create both opportunities and risks, including the possible loss of the principal amount invested. |
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Contact our Investment Service Hotline at (852) 2860 0333 |
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Visit any Citibank branch |
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- A wide choice of 10 currencies - HKD, USD, AUD, CAD, CHF, EUR, GBP, JPY, NZD & SGD for 45 different combinations.
- Flexible tenures - from 1 week to 6 months to cater for specific investment needs.
- Strike Price at your choice - set your own exchange rate at, above or below the market price.
- Professional experts - our Treasury Portfolio Consultants and Relationship Managers can help you structure a customized PA.
- Various trading channels - you are welcome to visit our branches, call our Investment Service Hotline or go to Citibank Online to place a PA booking.
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- Choose a base currency to start with and an alternate currency based on your own forecast for the foreign exchange market over a defined period of time.
- Decide on an exchange rate at which you are willing to buy the alternate currency.
- Upon maturity of the PA, you will be paid your interest and principal in the weaker of the base and alternate currencies, depending on the exchange rate on the Notification Date (refer to the illustrative example below for a clear picture).
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| Illustrative Example: |
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| Call your Relationship Manager or 24-Hour Manned International Toll-free Phone Banking Services as below to find out more about foreign exchange investment. |
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Toll-free Numbers |
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Canada |
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011-800-2860-0138 |
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China |
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10800-852-0586
(Beijing, Shanghai, Guangzhou & Shenzhen only) |
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Indonesia |
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001-803-852-8997 |
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Malaysia |
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00-800-2860-0138 |
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Philippines |
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1-800-1-114-0921 |
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Taiwan |
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00-800-2860-0138 |
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Thailand |
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001-800-2860-0138 |
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| Still have questions? |
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Contact your Relationship Manager or call us at
(852) 2860 0333. |
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| Invest with Citibank Online |
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| Capture investment opportunities with your Citibank Online account. |
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| Log on or Sign up Now |
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| Important Information |
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- This is a structured product involving derivatives. The investment decision is yours but you should
not invest in the Premium Account unless the intermediary who sells it to you has explained to you
that the product is suitable for you having regard to your financial situation, investment experience
and investment objectives.
- Premium Account is a structured investment with embedded option and is subject to the foreign
exchange risk.
- Premium Account is not bank deposit and involves risks, including the possible loss of the principal
amount invested.
- Investors should hold the product to maturity and termination before maturity is NOT allowed.
- Investors should not only rely on the product description and illustrative examples alone to make
investment decisions. Please also refer to Disclaimer set out below and the Terms and Conditions for
Accounts and Services (including risk factors) for details. If you have any inquiries, please seek
independent professional advice prior to subscription.
- Past performance is not indicative of future performance.
- Investor’s investments are subject to the insolvency and credit risk of Citibank (Hong Kong) Limited
(the "Bank"). There is no assurance of protection against a default by the Bank in respect of payment
obligation. In case of insolvency of the Bank, you may lose your entire investment irrespective of the
performance of the foreign currency market and the terms of the Premium Account.
- Your purchase of the Premium Account should not result in a significant exposure of your total net
worth to investment products and you should be able to accept a possible significant loss of the
Premium Account invested.
- There are risk factors listed in the account opening documents, investors should read the relevant
content before subscribing to the Premium Account.
- This material is issued by Citibank (Hong Kong) Limited, a licensed bank regulated by the Hong Kong
Monetary Authority.
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| Disclaimer |
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The minimum transaction amount for Premium Account is US$5,000 or equivalent. A Premium Account is a structured investment. Unlike traditional deposits, Premium Account have an investment element and returns may vary. It is subject to a number of risks. A Premium Account is in substance a foreign currency investment. It is subject to exchange rate fluctuations which may create both opportunities and risks. Premium Account is (i) not insured by any government agency; (ii) not a deposit or other obligation of, or guaranteed by, the depository institution; and (iii) subject to investment risks, including possible loss of the principal amount invested. A Premium Account will be repaid in the currency that is the weaker of the base currency or the alternate currency. If the alternate currency weakens against the base currency, investors will be repaid in the alternate currency. This means investors may effectively incur a loss on the principal amount of the Premium Account, because the amount repaid at maturity, when converted back into the base currency at the prevailing foreign exchange rate, may be lower than the amount of the base currency that investors initially deposited. The higher rate of interest investors earn under the Premium Account may not compensate them for this foreign exchange loss. Investors should also note that the Premium Account is an investment product that should be held to maturity. Termination before maturity is not allowed. Investors may therefore wish to seek independent advice before making a commitment to enter into a Premium Account. In the event that investors choose not to seek independent advice, they should carefully consider whether a Premium Account is suitable in the light of their own investment objectives, financial position and risk profile. For more information on a Premium Account, investors should also carefully read the relevant terms and conditions. All obligations herein are payable solely at and by Citibank (Hong Kong) Limited, subject to the Laws of Hong Kong (including governmental actions, orders, decrees and regulations). Investment products are not available for U.S. persons and might only be applicable to limited jurisdiction. |
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