How do I add funds to my term deposit during the grace period?
From 15th of April 2025, if you are an owner of the account (not a signatory) and would like to add funds or redeem a portion of your term deposit to or from a Defence Bank savings account, you can do so via online banking:
- Select transfer, (found by selecting the three dots beside the relevant term deposit).
- Select 'Deposit to' or 'withdraw from'.
- Select your nominated Defence Bank deposit account to receive the funds by selecting the drop-down box beside the visible deposit accounts.
- Nominate the amount to be paid.
- Select Pay now.
- Review payment details and either select back to amend or Confirm to complete the payment.
You can then select make another payment to process another deposit or withdrawal. If you have finished click on the Defence Bank logo to go back to your list of accounts.