Term Deposits definition

Term Deposits means (i) in respect of a Term Deposit that is an Interest-Bearing Deposit, funds deposited with the Bank for fixed periods at fixed interest rates or linked to an underlying reference rate or index and (ii) in respect of a Term Deposit that is a ▇▇▇▇▇’ah Deposit, funds deposited with the Bank for fixed periods in respect of which profit is earned, such profit calculated using a weightage model based upon tenor and average daily balances subject to each such deposit;

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Term Deposits means investment of the customer’s deposit by the Bank in respect of and against term/fixed deposits by the Customers.

Term Deposits means funds placed with the Bank for fixed periods at fixed rates or linked to an underlying reference rate or index.;

Examples of Term Deposits in a sentence

• Interest will begin accruing on the end of day balance (for Fixed Term Deposits) and the minimum balance (for Easy Access and Notice Accounts) no later than one business day from when we credit your Account.

• Certain Non-Registered Term Deposits do not allow you to withdraw funds prior to maturity and a penalty for making an early withdrawal may apply.

• Subject to applicable legal regulations, the provisions hereof and the Terms and Conditions, the Client shall have the right to freely dispose of the funds accumulated on the Accounts and Term Deposits.

• The funds accumulated on the Accounts and Term Deposits shall yield interest on the terms and in the amount specified in the Terms and Conditions and in the Table of Interest Rates.

• Non-Registered Term Deposits The Service Agreement only deals in part with Non-Registered Term Deposits made.

More Definitions of Term Deposits

Term Deposits means a deposit received by the Bank for a fixed period and includes deposits such as Recurring / Short Deposits / Fixed Deposits.

Term Deposits means a deposit received by the Bank for a fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

Term Deposits means all cash on deposit in banks which cannot be withdrawn on demand.

Term Deposits means fixed term deposits which are available for investment via a fully transactional term deposit platform open to advisers, financial planners and individuals which facilitates the process of investing in fixed term deposits as more particularly described in the service guide for this service and facilitated by Australian Money Market as varied from time to time.

Term Deposits means a deposit received by the Bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring Deposits/Term Deposits / Special Term Deposits etc.

Term Deposits means fixed term deposits which are available for investment via a fully transactional term deposit platform open to advisers, financial planners and individuals which facilitates the process of investing in fixed term deposits as more particularly described in the relevant Disclosure Document.

Term Deposits means a deposit received by the Bank for a fixed period under certain contract of period & rate of interest with the depositor which are withdrawable only after the expiry of the fixed period which include deposits such as Recurring / Double Benefit Deposits / Short Term Deposits / Fixed Deposits /Monthly Income Certificate /Quarterly Income Certificate etc.