What happens at the end of my term deposit term?

Jasmine Shillington Updated by Jasmine Shillington

As part of the process to set up a term deposit, we’ll ask for your instructions regarding whether you would like to withdraw or reinvest the funds at the end of the term.

You can contact us at anytime to update these instructions.

We’ll contact you before the term deposit is due to expire to re-confirm these instructions, however if we do not hear from you, we’ll follow the instruction provided when the term deposit was set up.

The interest rate for reinvestment will be based on the current interest rates at the time.

How did we do?

Can I withdraw from my term deposit early?

Contact