Premium Deposit

7 Currencies Available

You can trade in seven currencies: USD, EUR, GBP, AUD, NZD, CAD, and CHF.

Select from Three Types

You can select from three types: "Deposit in Japanese Yen" starts from Yen funds; "Deposit in Foreign Currency" and "Cross Currency Type" start from foreign currency funds.

Deposit Term Can Be Set from
One Week

The deposit term can be set from as short as one week^*, and the deposit amount can be set from 500,000 yen (or the equivalent in other currencies)^*.

• *For transaction via online banking.

Why do Premium Deposits offer better interest rates than regular time deposits?

In addition to the interest rate of a regular time deposit, Premium Deposit interest rates include a part of "premium" that is obtained by selling currency options in the applicable currencies. This premium can vary greatly depending on the combination of conditions you choose, and on market conditions. In addition, the higher the chances are of a currency conversion occurring on the maturity date, the higher the premium will be. If you want a high return, the associated risk will also be higher, so please make sure that you understand the nature of the product and its associated risks before transacting.

• The interest rate is set when you determine your deposit and counter currency, amount, term, differential^*1, and strike price.
• The principal will be converted into your selected counter currency, depending on the spot rate at 3:00 P.M. on the maturity day, and will be paid with the interest.
  • *1Selectable differential is within the range set by SMBC Trust Bank and subject to market conditions and may change without prior notice.

• (*2)The payment will be made by crediting the proceeds of the principal and interest as of the maturity date into the PRESTIA MultiMoney Savings Account of the respective currency on the maturity date or the following bank business day.