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What happens when my Term Deposit reaches maturity?

What happens when my Term Deposit reaches maturity?

We’ll send you a maturity notice before your maturity date, outlining your options. At maturity, you can:

  • Withdraw your funds
  • Reinvest for a new term
  • Change your investment details

If we don’t receive instructions, your Term Deposit will automatically renew for the same term and payment frequency (or closest equivalent) at the interest rate applicable on the maturity date.