|Cancellation before maturity
||Cancellation is not allowed before maturity, including foreign currency time deposits that have rolled over automatically.
||USD, AUD, NZD, GBP, CAD, CHF, EUR, HKD, NOK and ZAR (Please note that there are cases where some currencies may not be offered due to the country's regulations and / or market conditions.)
SMBC Trust Bank may determine that some currencies are not available for "Monthly Interest Payment Type (Monthly Smile)".
||1 week, 2 weeks, 1, 3, 6, 7, 9, 12, 24, 36 and 60 months; and other terms determined by SMBC Trust Bank. The available term(s) for each currency will be determined by SMBC Trust Bank.
||Available for Time Deposits up to 1 year term. For "Monthly Interest Payment Type (Monthly Smile)", it is available for deposits with 1 year term only.
When SMBC Trust Bank receives instructions before maturity for automatic renewal, the matured deposit will be renewed as a time deposit of the same term and in the same currency. SMBC Trust Bank, however, may determine that automatic renewal is not applicable for some term(s).
||The minimum amount required is 100,000 Yen equivalent. (When using Yen funds to start with, the minimum deposit amount required is 100,000 Yen.)
||Unless SMBC Trust Bank receives instructions for automatic renewal, the principal and interest shall be paid together at maturity into PRESTIA MultiMoney Foreign Currency Savings Deposit in the deposit currency, and can be withdrawn from the maturity date. When "Monthly Interest Payment Type (Monthly Smile)" is selected as interest payment option, the principal shall be paid in a lump sum into PRESTIA MultiMoney Savings Deposit in the deposit currency. The maturity amount can be withdrawn from the business day following the maturity date.
|Interest - Applicable rates
The interest rate applied from the date of deposit will be the one offered at the point of making the deposit. In the case of auto-renewal, the interest rate for the same Foreign Currency Time Deposit term and the currency on offer on each maturity date shall apply. When auto-renewal does not apply, the savings interest rate of the account to which the maturity funds are credited will apply on and after the maturity day.
Interest rates may change according to market conditions and are subject to change without notice any time. For the latest rates, please inquire at our branches or PRESTIA Phone Banking .
|Interest payment method
Interest is paid in a lump sum at maturity.
<When selecting "Monthly Interest Payment Type (Monthly Smile)" as interest payment option>
The last business day of each month during the period from the deposit date to the maturity date shall be the Interim Interest Payment Date, on which the interest (calculated by contracted rate) due each month is paid.
However, funds can only be withdrawn from the following business day thereafter.
Interim interest shall be credited to your account either in Yen or in the same currency of deposit, as designated by the depositor on the date of deposit. If the interest payment currency is Yen, SMBC Trust Bank shall convert the interim interest due at the posted TTB rate (including the foreign exchange commission) prevailing on the Interim Interest Payment Date. The currency designated for interest payments cannot be changed. The last interest payment can be withdrawn from the business day following the maturity date.
The savings interest rate of the account to which the interest is credited will apply on and after the interest payment day.
|Transaction Channels and Contact Number
Branches and mini branches of SMBC Trust Bank Ltd. that are set up to handle said transactions. Certain branches and mini branches do not handle cash or check transactions. Certain transactions may not be available via PRESTIA Online and PRESTIA Phone Banking. For details, please inquire at our branches, mini branches, or via PRESTIA Phone Banking (Domestic (toll-free): 0120-110-330; From overseas (charges apply): 81-45-330-2880).