Get Term Deposit Withdrawal Instruction Form - National Australia Bank

You need to give 31 days' advance notice to withdraw from your term deposit before the maturity date, and you may also need to pay early withdrawal (prepayment) costs and fees if you choose to withdraw your term deposit before it matures. ... Getting the maximum benefit from a Term Deposit means locking it away.

Many banks will not pay interest on a term deposit that is 'broken' early, or they will pay out less interest. Some banks will ask for 31-days notice if you want to withdraw funds from your term deposit. If you have fewer than 31 days left on the term, you might not be able to access the funds until maturity.

A term deposit locks in funds for a fixed period of time, although usually at a higher interest rate than online, call or savings accounts. Banks do not legally have to allow customers to break term deposits, that is, give back the money early. ... In most cases, you can do so only if the bank agrees.

Banks and other financial institutions may accept any maturity term that a customer requests, as long as it is a minimum of 30 days. Once the investment matures, the funds can be withdrawn without penalty. Or, the investor may choose to renew the time deposit account for another term.

During the term of your deposit, any withdrawal of funds from the term deposit prior to its maturity will be subject to 31 days' notice. If you are considering requesting a prepayment, you should contact NAB to provide 31 days' notice for withdrawal of a part or all of the term deposit before maturity.

Log in to NAB Internet Banking. Under the Products menu, select 'Products' Select NAB Term Deposit

Many banks will not pay interest on a term deposit that is 'broken' early, or they will pay out less interest. Some banks will ask for 31-days notice if you want to withdraw funds from your term deposit. If you have fewer than 31 days left on the term, you might not be able to access the funds until maturity.

If you wish to withdraw money from your term deposit before the end of its term, you'll need to give us 31 days notice. Accessing your funds before maturity will incur a prepayment cost, which is outlined in our terms and conditions. You can withdraw all or part of your funds after you've given 31 days notice.

If you wish to withdraw money from your term deposit before the end of its term, you'll need to give us 31 days notice. Accessing your funds before maturity will incur a prepayment cost, which is outlined in our terms and conditions. You can withdraw all or part of your funds after you've given 31 days notice.