How to open a Term Deposit?

It’s easy.

  • Step 1: Select Term Deposit on your main dashboard.
  • Step 2: Press the main button and select Open New Term Deposit.
  • Step 3: Input the required information to help Timo calculate the applicable interest rate.
  • Step 4: Review your Term Deposit details, choose to split the Term Deposit into smaller ones or not.
  • Step 5: Review your list of Term Deposits.

You can choose to have your Term Deposits rollover or not.