What are the conditions of a term deposit agreement?

  • The term deposit becomes valid from the date of crediting the funds to the deposit account

  • The deposit amount cannot be reduced or increased by additional contributions

  • The deposit is not repaid in parts before maturity specified in the Agreement

  • The deposit shall not be renewed automatically. The customer may submit a request to renew the deposit held with the Bank via platform by giving a notice to the Bank not less than 5 and not more than 28 calendar days before the expiry of the term of the deposit

  • The customer may terminate the deposit before its term by giving a notice to the Bank via platform. The Bank shall terminate the deposit not later than within five (5) working days from the date on which the customer’s request to terminate the deposit was submitted to the Bank

  • In the event of termination of the deposit, the principal amount (without interest) shall be returned to the customer's personal account indicated to the Bank via platform not later than within three (3) working days from the date of termination of the deposit

  • If the deposit is withdrawn earlier than the due date, no interest will be paid

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