Original ubank FAQs

Info on original ubank products

This FAQ is related to an original ubank product that new customers can no longer access. Head to our help centre if you want info about our current ubank products.

What is a Term Deposit Prepayment Cost?

It is the cost of withdrawing your Term deposit early.
If you withdraw an amount from your ubank Term Deposit prior to maturity, we may reduce the interest earned by what we consider to be a reasonable estimate of the costs to us.
This may be up to the total accrued interest amount.

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