The fixed interest offered is geared towards the most popular set terms of three, six and nine months, although BOQ currently has a special offer of 3.00% p.a. An interest rate adjustment of 50% of your interest will be deducted if you withdraw your funds early. If you should need to access your funds before the end of your term, you’ll need to complete an early withdrawal request form and your funds will be released after 31 days. If you don’t communicate your wishes to the bank within this seven-day period, your funds will be reinvested for the same term and interest rate as your previous term deposit. sending it to a bank account you have with another bank.There’s a seven-day grace period at the end of your deposit period when you can give the bank new instructions on what to do with your lump sum.
