Not quite correct. I have a term deposit account, however, it does have where I can cash it all in before the expiration of the term but there's no interest paid if you do.
just a PS to the above and so far, only applies to Bangkok Bank account holders:
Since July 1st, Bangkok Bank has implemented a new banking policy requiring account holders to maintain their funds for at least four months before the bank issues a letter of proof of funds necessary for various visa types.
I'm aware of that. I am questioning the website and the options they provide (or rather the omitted options). Not to mention the poor ambiguous grammar they've used.