Foreign Currency Deposit
PRESTIA MultiMoney Foreign Currency Savings Deposit
PRESTIA MultiMoney Foreign Currency Savings Deposit is designed specifically for asset management and is suitable for temporary deposit of funds for investment. Deposits can be made in 17 currencies.
Transfers US dollars between PRESTIA MultiMoney Foreign Currency Savings Deposit and U.S. Dollar Savings Account are free of charge.
Foreign Currency Time Deposit
Customers can choose from 17 different foreign currencies and a wide variety of deposit periods according to their investment needs.
Interests will be paid in the deposited foreign currency or in Japanese yen, as designated by the customer on the date of deposit when selecting "Monthly Interest Payment Type (Monthly Smile)".
Step Up Time Deposit
Step Up Time Deposit is a foreign currency time deposit product that pays monthly interest, with the interest rate increasing every six months. Specifically, the deposit periods of two years are divided into four "Step" periods, each of six months' duration, and interest rates applied increase by each "Step" period. (The applicable interest rates will be determined on the date of deposit.)
Customers can exercise agile management of assets in accordance with foreign exchange and interest rate trends.
Foreign Currency Deposit Service
This service debits a certain amount of money of your choice from your Yen savings account, convert the Yen amount to a foreign currency designated by you every month.
Customers can choose from 17 different foreign currencies and foreign exchange commission is free when depositing from Yen funds via the Service.
Order Watch <Foreign Exchange Leave Order Service>
With the Order Watch foreign exchange order service, when your target rate is reached, SMBC Trust Bank will make a transaction on your behalf.
Transactions by Order Watch made via online banking are free of exchange commission from yen to foreign currencies!
Please note
This product entails some risks such as loss of principal in Japanese yen. Please read "Information Memorandum and Pre-Contract Document" carefully and make sure you have full understanding of the product, associated risks, and commissions before making a transaction.
Please see here for the details of Risk of loss of principal, Commissions, Other considerations and available currencies, etc.