To give you the best experience, our site uses cookies. By continuing to use our site you are agreeing to our Privacy Statement.
Can I access my funds and close my account before maturity?
If you would like to withdraw funds from your account before maturity, you will need to provide Bank of Sydney at least 8 calendar days’ advance notice to withdraw your funds.
The 8 days’ notice period starts on the date you provide the written instructions to let us know you would like to withdraw your funds early. Your funds will be disbursed according to your selected method on the 9th day following your early repayment request.
For existing accounts, the early redemption notice period applies if you have reinvested your Term Deposit from 15 December 2021.
Early repayments attract an administration fee and a reduction in the return generated for the depositor. Please refer to the General Banking Fees & Charges Guide for information on how the reduction amount is calculated.