Term Deposit. i a. A minimum deposit amount in Ringgit or foreign currency shall be as determined by the Bank. b. Duration of placement is subject to a minimum of 1 month and a maximum of 60 months. Placement by cheque is subject to clearance of the cheque. c. On placement, the deposit must be debited from the Customer’s savings/current account and information on the deposit will be included in the Customer’s account statement. The Customer consents to the Bank utilising any part of the deposit placed for investment purposes before the execution of Commodity Murabahah Transactions.
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Sources: Universal Terms & Conditions, Universal Terms & Conditions, Universal Terms & Conditions