Disclosure as to Deposits Qualified for Protection by the Deposit Protection Scheme

The following types of deposit (“Protected Deposits”) maintained with Bank Julius Baer & Co. Ltd., Hong Kong Branch are deposits qualified for protection by the Deposit Protection Scheme in Hong Kong:

  1. Deposits in current account;
  2. Call deposits;
  3. Time deposits with a term of not more than 5 years

Please note that Protected Deposits do not include:

  1. Time deposits where the current term agreed to exceeds 5 years;
  2. Structured deposits (e.g. currency-linked products (DCI), equity-linked products, range accruals, inverse floaters);
  3. Fiduciary placement;
  4. Bearer instruments;
  5. Deposits taken by the bank at any of its offices outside Hong Kong;
  6. A deposit held for the account of the Exchange Fund;
  7. Deposit held by an excluded person (as defined in the Deposit Protection Scheme Ordinance) in its own right;
  8. A deposit held by a depositor as a trustee for an excluded person only.