Call deposit receipt meaning
AER Rate - AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
A check is physical, legal contract that effectively represents a promissory note to pay the amounts indicated in numeric and written values, to the payee designated in the "pay to" section.
To learn more about our web site privacy practices, please review.These cookies help us provide you with personalized content and improve our website.Important information, you must, at all times for which your Island Fixed Rate Deposit Account is open, maintain a Nominated Account.On the last day of the Term (or the next Working Day if the last day of the Term falls on a non- Working Day we will automatically convert your Island Fixed Rate Deposit Account into an Island Standard Saver Account (the Conversion).gross rate The contractual rate of interest payable before deduction of income tax at the rate specified by law.When we write we may also send you information about other accounts we think may be appropriate, for example, if we are offering similar accounts at the time that you may want to transfer the balance.
One of our editors will review your suggestion and make changes if warranted.
Maximum deposit, currencies available 1 year, at the end of your deposit term.15 Gross* /.15 AER* 2,000 5 million, sterling only.
However, at least 60 days before the end of the Term, we will write to you asking for instructions about what you would like us to do with your balance after the Conversion.
Note that depending on the number of suggestions we receive, this can take anywhere from a few hours to a few days.
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