Standard Chartered 4 Year Step-Up Fixed Rate Structured Deposit 5 Promotion

Standard Chartered Bank is also offering structured deposit products to the retail investor. However, the interest rates offered seem less attractive than the recent UOB and Maybank ones. Details of issue are below:

Issuer	Standard Chartered Bank (Singapore) Limited ("SCBSL" or "the Bank")
Investment currency	SGD
Tenor	4 years
Application period	Application ends 03 November 2014
	(or earlier, subject to market conditions)
Start Date	11-Nov-14
Minimum investment amount	SGD 20,000
Interest rate payout	Year 1 to 4:
	Fixed interest of
	Y1: 1.50% p.a
	Y2: 1.50% p.a
	Y3: 1.60% p.a
	Y3: 1.60% p.a
	Total interest: 6.20%

Please refer to the website for more details.