Dual Currency Investment

Dual Currency Investment (DCI) is a product of PT Bank Danamon Indonesia Tbk (“Bank”) in the form of structured product which offered by the Bank exclusively to Customers.
• DCI is short term investment and suitable for any customer’s risk preferences.
• DCI has the primary function of yield enhancement. Investors can also use it as a currency management tool to achieve portfolio diversification.

Features
• DCI is available in Rupiah and 8 (eight) foreign currencies, with more than 21 (twenty-one) foreign currency pairs possibilities.
• Potential return is higher than conventional foreign currency time deposit.
• Flexibility to determine the currency pairs with agreed strike price at value date.
• Fix return, with principal return in base currency or alternate currency based on the foreign exchange performance on fixing date and time.
• Alternative for short term investment, start from 1 (one) week.
• European Style option type where placement result determined on fixing date and time. 

You can invest in DCI if you:

1. Individual customer
2. Having asset portfolio (cash, current account, saving account, and/or time deposit) in minimum IDR 5,000,000,000.00 (five billion rupiah) or equivalent in foreign currency 
3. Having a suitable risk profile for DCI
   

Illustration

Illustration for DCI Valas – Rupiah

Customer investing in DCI with following details: 

Scenario A

At fixing date and time, Spot USD/IDR 14,870 → spot at fixing date and time did not reach the strike price, so that Customer will receive principal and return in USD.





Scenario B

At fixing date and time, Spot USD/IDR 14,935 → spot at fixing date and time reaches the strike price, so that Customer will receive principal and return in IDR.

If Customer in Scenario B directly convert the DCI result back to base currency (USD), customer will receive USD: 

IDR 1,492,133,004.90 / 14,935 = USD 99,908.47

Illustration DCI Valas – Valas

Customer investing in DCI with following details: 

Scenario A

At fixing date and time, Spot AUD/IDR 0.6250 → spot at fixing date and time did not reach the strike price, so that Customer will receive principal and return in USD.

Scenario B

At fixing date and time, Spot AUD/USD 0.6400 → spot at fixing date and time reaches the strike price, so that Customer will receive principal and return in IDR.

If Customer in Scenario B directly convert the DCI result back to base currency (USD), customer will receive USD: 

USD 63,925.85 / 0.6400 = AUD 99,884.14

Please download here to see complete information about Dual Currency Investment (DCI)

General terms and conditions for Dual Currency Investment (DCI) products, please click here

Disclaimer
DCI is not a conventional product, but a Structured Product that that combines time deposit with derivative product (options), issued by PT Bank Danamon Indonesia Tbk. DCI is not guaranteed by the Indonesia Deposit Insurance Corporation (IDIC). Customer must carefully consider whether the use of DCI is in accordance with the investment objectives, financial resources, and risk profile of the Customer. Customers are advised to obtain input from independent parties who are experts in their fields if Customer needs financial or legal advice regarding the use of DCI. DCI contains risks that can cause some loss in the principal amount of DCI because it depends on the volatility of currency exchange rates, including at the time of conversion of Alternative Currency to Base Currency.
Early termination before maturity of DCI is not permitted. If the Customer insist to apply for early termination, the customer will be charged an early termination fee determined by the Bank.