Graham ********
This is a summary of
Graham ********
's contributions to the platform. They have posed 1 questions and added 4 comments.

QUESTIONS

COMMENTS

Graham *********
@Benjamin *****
It appears different banks, even different branches process the account differently when it matures.
Graham *********
@George ************
I have a fixed deposit account with zero activity, until it matures.
Graham *********
@Nick *********
I have a Time Deposit Account with the Krungsri Bank. When it matures the bank teller ends that term and you get a balance in your bank book at that moment of 0, just for a few seconds. The teller then re-enters it as 800,000 deposit for a new term. The IO only sees the 0 balance. I have now deposited a further 400,000 baht, so I have 1,200,000 balance. When the 800,000 matures it will still show a balance of 400,000 for those few seconds, the minimum allowed.