Currency Indexed Investment Product

Take advantage of attractive interest rates and hedge against devaluation with a Sagicor Currency Index Investment (SCII)! Available to retail and institutional customers, a SCII is a dual currency investment designed to offer greater returns. Investors will receive a rate of return based on the valuation at the point of entry and exit.

Benefits

  • Affordable investment amounts: From as little as JMD$100,000
  • Tenors: 30 days, 90 days, 180 days, 365 days
  • Choice of foreign currencies: USD, EUR and GBP.

How it works?

STEP 1 Base currency – Jamaican Dollars
STEP 2 Choose your alternate currency
STEP 3 Agree on exchange rate- the Weighted Average Selling Rate (WASR) applicable as at the close of business the previous business day as published by Bank of Jamaica.
STEP 4 Choose a tenor: 30 days, 90 days, 180 days, 365 days

Once you have agreed on your currency pair, exchange rate and tenor, you will also earn interest on your investment amount.

Questions?

Please speak with a Personal Financial Advisor at your nearest branch or call 1-888-SAGICOR.

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JAM 1-888-SAGICOR(724-4267)
USA & CAN 1-877-SAGICOR
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