Alternatively, you can make a New Placement to enjoy the promotion rate. No, you will not be able to renew at promotion rate if you do not have an existing Time Deposit the tenure offered under the promotion. If the tenure of my existing Time Deposit does not have a promotion rate, can I submit the request? Yes, you can submit a request via OCBC Mobile Banking to renew your upcoming maturing Time Deposit at prevailing promotion rates. Please visit any OCBC Branch for withdrawal.Ĭan I renew my maturing Time Deposit at prevailing promotion rates? You may also incur an early withdrawal fee. If you withdraw your Time Deposit before it matures, you may earn less or no interest (depending on the length of the remaining tenor). Is there any withdrawal fee when I withdraw my Time Deposit before maturity? Please visit any OCBC Branch for withdrawal. Your Time Deposit may not be eligible for this function.

Why am I unable to see the withdrawal option in my Mobile Banking? You must have a OCBC Current or Savings Account upon submission of this request as the crediting account to receive your funds upon withdrawal. What are the requirement in order to submit this request? You will not be able to submit on the maturity date itself as the Time Deposit would have matured on date of maturity. Our Time Deposit withdrawal hours are from Monday to Friday, 6:00 AM to 7:00 PM, up to 2 business days before your maturity date.Īny requests after these hours will be processed the next day, excluding weekends, public holidays and currency holidays.Ĭan I submit the request on date of maturity? You can submit a request via OCBC Mobile Banking. Where can I submit a request to withdraw my Time Deposit before maturity? However, you may earn less or no interest if you withdraw your Time Deposit before maturity. Yes, you can (except for Time Deposit placed using CPF Ordinary Account funds). Can I withdraw my Time Deposit before maturity?

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