On the day that your term deposit matures, the funds from the maturity are credited to your transaction account. At 11:30 am on the same day, your new term deposit order will be created and sent to the bank. Before 11:30am you will be able to see the matured term deposit funds in your account, but please note that if you withdraw or spend these funds, the new term deposit will not be created.

If you wish to retain the funds from your term deposit, please modify the rollover instructions to ‘do not reinvest’ prior to the maturity date.