A time deposit (also known as a term deposit) is a money deposit at a banking institution that cannot be withdrawn for a certain "term" or period of time. When the term is over it can be withdrawn or it can be held for another term. The currencies can be IDR, USD, AUD, EUR and other major currencies when applicable. Available terms of placement are 1 month, 3 months, 6 months, 12 months, and the other term must be approved by Treasury prior to closing deal. Customers will get competitive interest rates and can be used for loan guarantee (cash back loan). The customer can be individual and company or institution.

Fee & Charges

Early Pre Termination Fee	2% flat from principal
	No interest paid