Yes, U can
so U have a 100m running at 10% for 90days
U need some money like 30m after 30 days
just send an instruction to terminate ur FD
tho it comes with a charge o
they would terminate it
give U the 30 & rebook the 70m tho the rate might be lower than what U had

Gate050:

With Union Bank, NO!

How sure are you about your claim here ?

Nonexisting:
Check the terms and conditions first because you may have to kiss some of your interest goodbye.

Exactly

DubaiLandLord2:
Mtchewww

You can be rolling in the mud like a pig you are...

I won't be reading your next senseless and chidish post not to talk of replying the gibberish.

I know understand wetin I write wey dey warrant all this unnecessary talk at all

U are simply inconsequential and a fool.. have a nice life

100% possible just that the bank will penalise the customer by way of a certain percentage of fine for premature liquidation be maturity date.
As simple as ABC

No.
But you can prematurely liquidate your fixed deposit

Sure, but you will penalize,

You can't become richest man by dumping your fortune in fixed deposit.

VEHINTOLAR:


How sure are you about your claim here ?

Not just sure, I'm involved

Yes you can collapse the term deposit.

LagosEmir:
Is it possible to withdraw money from fixed deposits from Nigerian bank before it's maturity?

Yes, provided :
- terms and conditions of the agreement will be at stake.
- you are likely to have a reduced income in terms of Interest Rate because you are breaking the agreement and assuming it's fully operational,you will get the maximum Interest Paid but now it will be reduced at the Bank's terms!
- Note,by terminating the Deposits,you are forcing the bank to recall it's money lent to other users,so inconveniencing the bank that is in business is not so good from investors point of view.Some said the bank is like punishment to it's Customers but is not because business is business and is always based on agreement.
-Since you have done your Cost Benefits Analysis well, your money will be paid as new new but low price but remember to return all the initial documents signed and if possible to ready to sign new ones for continuing business partnership.!

Gate050:

Not just sure, I'm involved

Alright then;it's shocking though ! It must be a recent development,isn't it ?

Miroslavv:


Ridiculous rate I tell you. Your 10 million will turn to 10,005,005

While OmegaPro forex investment will yield 30m in 16 months on compounding interest.

Yes but with penalty charge

LagosEmir:
Is it possible to withdraw money from fixed deposits from Nigerian bank before it's maturity?

VEHINTOLAR:


Alright then;it's shocking though ! It must be a recent development,isn't it ?

I think so cuz it wasn't like that when I was doing one with Gtbank years ago

Yes, you can but, defaulting charge will apply.

Thanks

Arrogantbro:
Which bank pls ?

Good morning Sir, pls see your mailbox

LagosEmir:
Is it possible to withdraw money from fixed deposits from Nigerian bank before it's maturity?

Yes you can.
But you will be penalised for it.
Depending on the bank, tenure and possibly length of time already used you could be charged as much as 20% of your capital.

Liquidate and reinvest

LagosEmir:
Is it possible to withdraw money from fixed deposits from Nigerian bank before it's maturity?

Arrogantbro:
Which bank pls ?

Sir I didn't hear from you again.