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Key Dates |
| Download Brochure |
Closing Date: 01 February 2012 |
| Download Personal Application | |
| Download Business Application | |
| Download Life Company Application | |
Summary
• Your initial deposit (the “Deposit”) is 100% capital protected by The Royal Bank of Scotland International Limited trading as NatWest (the “Bank”) if you hold it until the Maturity Date, subject to the risk factors in the box below • The Term of the Account is five years • Your potential return is equal to the growth of the RBS UK Navigator Index (the “Navigator Index”) over the Term, subject to averaging, which is explained on page 2 of the brochure. • Minimum return: 0% • Maximum return: Return dependent on Navigator Index performance • The Account is designed to offer the potential for positive returns regardless of whether the UK stock market is rising or falling • The Account is available in Sterling only In addition to your Account, a Structured Deposit Cash Management Account (the “SDCMA”) must be maintained with the Bank, in the same name as your Account. If you do not have a SDCMA with the Bank, this will be opened along with your Account. Upon repayment, the maturing Deposit will be transferred to the SDCMA. Both your Account and the SDCMA will be opened and maintained in the Isle of Man. As your Account is held in the Isle of Man, in the unlikely event that the Bank defaults or becomes insolvent, you would not be afforded protection under the UK’s Financial Services Compensation Scheme. However, you may be afforded the protection of the Isle of Man Depositors’ Compensation Scheme as set out in the Depositors’ Compensation Scheme Regulations 2010. The Bank is regulated in the Isle of Man, Jersey, Guernsey and Gibraltar and is outside the jurisdiction of the UK. Capitalised terms are defined in the Terms and Conditions section on page 8 of the brochure. Considerations for Investing
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You cannot add to or amend your deposit amount after the
Closing Date for applications.
• The minimum deposit amount is GBP 10,000. • There is a two week ‘cooling off period’, whereby you will have two weeks from the date of application to cancel your Account. The Account is designed to have a five year term and we can only ensure your Deposit is protected if the funds remain in the Account for the Term, though you are always subject to the counterparty risk of the Bank. A request to close your Account prior to the Maturity Date will only be permitted at the Bank’s discretion and may mean that you receive substantially less than your Deposit. Should you wish to close your Account during the Term you will receive the Redemption Value of your Deposit less an administrative charge of £75. An estimate of the Redemption Value, which is the market value of your Deposit at the time you request to close your Account, as defined in the Terms and Conditions on page 8 of the brochure, can be provided upon request and you will be given the opportunity to withdraw your instruction to close the Account should you wish to do so.  |
