Bank finance articles and tips

The Structured Deposit Account
A structured deposit account is a long term account, usually with a 3 to 6 year term. During this term, the investor has no access to any of the funds. However, a structured deposit account guarantees the return of capital to the investor upon the maturity date, and has the potential to earn considerably more interest than a normal savings account because of its investment component.
There are many types of structured deposit accounts, with the main difference between them being what the investment component has as its underlying investment. There are index based structured deposit accounts in which the investment arm is tied to an index, such as the FTSE 100. There are also commodity based structured deposit accounts, in which the investment arm is tied to a particular commodity, such as silver or gold.