Terms & Conditions

Fixed Deposits | Terms & Conditions

The interest on fixed term deposit shall be due on the maturity date in accordance with the rates, rules and regulations applicable at the Bank.
The term of the deposit shall be automatically extended for a similar period(s) without the need for notice or warning, unless the Bank receives written instructions from the Customer to the contrary.
In the event that the Customer requests to redeem the fixed term deposit prior to its due date, and the Bank agrees to this no interest shall become due on the full last interest period thereof.
No withdrawal by means of cheques can be made from the fixed term deposit account and no ATM card or credit card may be issued, thereon.