Term Deposit

Multi Currency Deposit Account

Products

  • Call Deposit
  • Term Deposit

Call Deposit

The term of the call deposit is at least one day, and does not have a fixed term. Withdrawal is available by submitting a request in the form determined by the Bank.

Term Deposit

The term of this deposit is a predetermined deposit period (1, 3, 6, or 12 month(s)) during which no withdrawals may be allowed in principle.

Important Information Regarding Foreign Currency Deposits

Foreign currency term deposits are subject to foreign currency exchange rate fluctuation risk. There is a risk of the yen equivalent principal and interest amount becoming less than the initially deposited yen equivalent principal amount, even if the yen depreciates due to foreign exchange fees. Please contact us about foreign exchange fees.

As a general rule, term deposits may not be terminated prior to the maturity date. In cases when early termination is accepted, no interest will be accrued for the agreed term. A handling fee of JPY3,150, as well as any other costs incurred by the bank, shall be paid by the client. The amount withdrawn as a result of early termination may be smaller than the amount initially deposited.

Important Information

  • Rates can change without notification due to market fluctuations.
  • Our rates change daily; please confirm the rates via our website or by calling us.
  • This is a Commonwealth Bank of Australia Tokyo Branch product.
  • Deposits held with us are not covered by Japanese deposit insurance.
  • The Commonwealth Bank of Australia Tokyo Branch does not handle cash or cheques.
  • Please contact us in prior in regards to procedures.

Product Information

  • The term deposit is available for personal customers for amounts of 1 million Yen equivalent and over.
  • Interest earned is subject to 20% withholding tax.

Please read the Product Disclosure Statement (Prior to Execution of Contract) before making your investment decision. The document is available on our website or at the Branch.

Please refer to our interest rates here

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