1.1.6 Term Deposit Highlights

This topic covers the highlights for Term Deposit.

• Term Deposit Creation:
  • Single
  • Joint
• Term Deposit Operations:
  • Auto and Manual Rollover
  • Early Redemption
  • Term Deposit Top Up
  • Term Deposit Advice Generation
• Term Deposit Amend Services:
  • Payout modification
  • Term Deposit Account Modification – Account Description and Interest Rate
  • Amount Block (Lien Marking)
  • Joint Holder Maintenance
  • Nominee Update
• Term Deposit Enquiries:
  • Deposit 360 – Enquiry of Deposit Information, account holders, account details, balances, instruction set, Redemption Simulation, Amount Block Details, Rollover history, Interest Rate changes and Frequent Actions.
  • Term Deposit Simulator
  • Term Deposit Interest Rate Enquiry
  • Amount Block Enquiry
• Term Deposit Maturity and Closure