Fixed Deposits. 3.2.1 In the absence of Proper Instructions to the contrary within the time limit specified in the fixed term deposit confirmation issued to the Client, the Bank is authorised to renew at maturity such fixed term deposit in the name of the Client for a similar term and at the prevailing market interest rate, or for such other terms as the Bank reasonably considers to be appropriate in the circumstances. 3.2.2 Any request by the Client to terminate a fixed term deposit contract before its maturity will be at the Bank’s discretion.
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Samples: Terms and Conditions, Terms and Conditions, General Terms and Conditions
