An illustrative KID is created for products with similar characteristics and is based on an example trade for a similar product.
In order not to delay the transaction, a suite of pre-populated illustrative KIDs for certain standardised Foreign Exchange ("FX") OTC Derivatives and Fixed Income products have been published on this website. An illustrative KID featuring the latest market data can be generated on demand at any time.
An illustrative KID is not based on your actual transaction however the risks and gains and product description as illustrated in a KID will allow you to make an informed decision on whether to trade a specific product. Your actual transaction may differ regarding costs, performance scenarios and pay-outs depending on the actual value and investment amount.
All Illustrative KIDs available on our website will be updated periodically to ensure that all calculations on the KID reflect the current financial market conditions. You will therefore have access to the most up-to-date KID prior to the conclusion of the transaction.
The product details contained in the illustrative KID are a guide only and will not be the exact terms that you receive when you execute your trade. The details within the illustrative KID are refreshed on a regular basis to ensure that they are representative of market conditions only.
You should only refer to the illustrative KID for an overview of features and for illustrative purposes only. The product descriptions shall not otherwise apply to your specific investments nor should they, under any circumstances, be interpreted as part of the terms and conditions applicable to your investment. The trade terms which will be provided to you by email shall prevail over any product description, generic terms or other information contained in the illustrative KID.
The KID is not a contractually binding document and you will still receive a confirmation post-trade with the exact details of the terms of your trade, which is your contract with Citi Private Bank.
