Term Deposit Account
Provides a fixed term investment at a specified interest rate.
Category: Term Deposits Last Updated March 26, 2024 Effective May 3, 2024
Product Features
Product Eligibility
- Other Additional Information: Must be an existing client with a valid current account.
Bank Fees and Charges
- N/a (Withdrawal), Amount: Not Listed.. Additional Information: . If the Customer has already been paid interest at the full rate then the principal amount payable to the Customer when the Bank closes the Account will be reduced to put the Customer in the
same position as if interest on the amount deposited had been reduced by 50% for the whole
time the Account was open.
Limitations & Restrictions (Constraints)
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