Can I choose to redeem my term deposit online if it I am still within the grace period?
Full redemption:
No - All full redemption request instructions need to be received prior to maturity, If the maturity date has passed you will need to submit your request in writing for our team to process on your behalf.
Partial redemption:
Yes - From 15th of April 2025, if you are an owner of the account (not a signatory) and would like to redeem a portion of your term deposit to a Defence Bank savings account, you can do so during the grace period via online banking.