What happens when my business savings account matures

When your account matures, you can withdraw your money, or put it into a new bond or notice account.
We'll write to you before your account matures and let you know what the options are if you want to transfer to a new product with us.


If you don't tell us what you'd like to do, the balance will remain as 'matured funds' until you let us know what you'd like to do. The account number will remain the same, but your interest rate will change to the 'matured funds' rate.

 

You can withdraw funds from this account at any time, but you cannot deposit additional funds.

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