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Term Deposit Application/ Rollover Instructions Police & Nurses Limited ABN 69 087 651 876 ADSL 240701 Australian Credit License 240701 Level 6, 556 Wellington Street, Perth WA 6000 | PO Box 8609,
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Term deposit application rollover instructions are guidelines provided by a financial institution that detail how an existing term deposit should be renewed or extended at the maturity date.
Anyone who holds a term deposit that is approaching its maturity date and wishes to instruct their bank on how to manage the rollover of that deposit is required to file these instructions.
To fill out term deposit application rollover instructions, a depositor typically needs to provide their account details, specify the duration for the rollover, and choose any options related to interest payments or reinvestment.
The purpose of these instructions is to ensure that the bank knows the depositor's wishes regarding what should happen to the deposit once it matures, allowing for smooth continuation of the investment.
Information that must be reported includes the account number, maturity date, instructions for the rollover such as duration and reinvestment options, and any changes in contact details.
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