Corporate Term Deposit Account
A Term Deposit is a facility that pays a fixed interest rate on a fixed amount for a fixed term. If your application to open a term deposit account is accepted, your money will be locked in for a fixed term. Therefore, you should only invest money that will not be required for that period. If you make a withdrawal before the maturity of the term, the interest rate you receive will be lost or reduced.
The Term Deposit Account may be denominated in:
NZD | AUD | CNY | USD | |
---|---|---|---|---|
MINIMUM ACCOUNT OPENNING BALANCE | NZD10,000 | AUD 50,000 | CNY 50,000 | USD 50,000 |
MINIMUM BALANCE | NZD10,000 | AUD 50,000 | CNY 50,000 | USD 50,000 |