- Validity period of Term Deposit: If the Customer opens theTerm Deposit during VPBank’s actual working time (from 8:00 – 17:00 Monday to Friday and from 8:00 – 12:00 Saturday, excluding days off, holidays according to VPBank’s regulations and other force majeure cases) then the Deposit date shall be recorded on the date of transaction execution. If the Customer opens theTerm Deposit outside the actual working time of VPBank or on holidays in accordance with VPBank’s regulations, then the Deposit date shall be recorded on the next working day of VPBank. In any case, VPBank’s system shall automatically deduct the Deposit from the Timo Spend Account into the deposit account at the time of arising the transaction. VPBank may change the Trading time from time to time and notify the Customer via notification methods according to VPBank’s regulations from time to time.
- Location of Deposit Placement and Payment
The term deposit shall be placed and received by the Customer via Timo Application.
- Irrevocable Transaction
The Customer shall acknowledge, irrevocably and take responsibilities for all term deposit transactions made using the username and password or card number, PIN of the Customer via Digital banking of VPBank. The Customer must not cancel, deny, refuse, change or abolish transactions for any reason.