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Termination Before End of Contract Period

Fee Applied from
Termination Before
End of Contract
Period
  • A. Maximum contract period is 5 years.
  • B. If contract extension is applied for right before contract period ends, interest rate is extended as well.
  • C. If contract period is ended and new investment is made, beginning interest rate is applied.

SILVER INVEST

  1. A.
    If contract is terminated before end of period and if applicable days are insufficient, applied rate for terminating year is that of the previous year's interest rate.
  2. B.
    If contract period is not fulfilled, 1% interest rate is deducted for each unfulfilled contract year and if interest is insufficient, it is deducted from the principal.

GOLD INVEST

  1. A.
    If contract is terminated before end of period and if applicable days are insufficient, applied rate for terminating year is that of the previous year's interest rate.
  2. B.
    If contract period is not fulfilled, 1% interest rate is deducted for each unfulfilled contract year and if interest is insufficient, it is deducted from the principal.

DIAMOND INVEST

  1. A.
    If contract is terminated before end of period and if applicable days are insufficient, applied rate for terminating year is that of the previous year's interest rate.
  2. B.
    If contract period is not fulfilled, 1% interest rate is deducted for each unfulfilled contract year.
For example,

if John invested in DIAMOND INVEST for 5 years but terminates the contract after 2 years, 3% will be deducted from year 1 (8.0% - 3% = 5%) and
year 2 (8.5% - 3% = 5.5%) interest returns. Given that maximum contract period is 5 years and minimum interest rate of the product (SILVER RETURN) in
Year 1 is 7.5%, there will never be a loss of investment principal amount and minimum return would be 3.5% in the above case when terminated after 13 months
(cannot terminate contract before 13 months according to Korean foreign exchange regulations).