Term deposits: meaning of either or survivor
This query is : Resolved
30 June 2017
Could you define the term: Either or Survivor.Can either of them withdraw the money, before maturity or signatures of both are required.R.Dayal
30 June 2017
Term deposit is for a predetermined fixed term. If you want to break the period/term, then signature of all those who entered into contract at the time of making deposit is required.
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