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Term Deposits

Once we have the required documentation we can release funds prior to the maturity date of a term deposit held in the deceased’s name with:
  • No requirement to provide 31 days’ notice for the early release of funds.
  • No penalties applied for the early release of funds.
  • Interest accrued up until the date of closure will be paid in full.
  • However, this doesn’t apply if the term deposit is held as security for a loan, or for term deposits held jointly with the deceased.

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Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.

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