How do I make changes to my term deposit in online banking?
If you are the sole owner of the account (not a signatory or joint account holder) and would like to redeem all of your term deposit to a Defence Bank savings account, you can do so via online banking:
- Select renewal details, (found by selecting the three dots beside the relevant term deposit).
- Select 'No' when asked if you want to renew.
- Select your nominated deposit account to receive the funds by selecting the drop-down box beside the visible savings accounts.
- Select save changes.
Your new instructions will now show as having been updated.
These instructions can be revoked or amended at any time prior to the maturity of the term deposit.