Common use of General Clause in Contracts

General. The Multitude Term Deposit Account is a term deposit with which he Bank grants a fixed rate for the agreed term. In order to be able to open a Multitude Term Deposit Account You must first have a Multitude Savings Account. Any sums deposited in the Multitude Term Deposit Account have to be sourced from your Multitude Savings Account. On maturity, the principal amount and the interest earned will be transferred back into the same Multitude Savings Account from where the funds originated. Any interest payments made prior to the end of the investment period are also transferred to the Multitude Savings Account.