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Term Deposit Account Product Disclosure Statement Containing Conditions of Use as at June 2017TABLE OF CONTENTSGENERAL TERMS AND INFORMATION................... 1 How Do I Open An Account?.......................................1
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A term deposit account is a fixed-term investment account that offers a higher interest rate than a regular savings account.
Individuals or institutions who have term deposit accounts are required to file them.
To fill out a term deposit account, you need to provide information such as account number, amount deposited, term duration, interest rate, and maturity date.
The purpose of a term deposit account is to help individuals or institutions save and earn interest on their money over a fixed period of time.
Information such as account holder details, account number, amount deposited, interest rate, term duration, and maturity date must be reported on a term deposit account.
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