Set up Maturity Options for Your Deposits
If you would like to avoid the hassle of visiting a branch to renew your term deposit and installment deposits, consider setting up a maturity options for your deposits.
When you open a new term deposit or installment deposit with us, you can request one of the following options to easily manage your account when the account term ends:
- Roll over the account with the same product
- Transfer the funds to a Free Installment Deposit
- Deposit to the appointed account
If you choose one of the three options, we will contact you by telephone when your account term ends to confirm your previous selection on how to handle the account.
Transfer money to your Shinhan Bank Canada installment savings accounts automatically by signing up for Pre-Authorized Contributions today!
What are Pre-Authorized Contributions?
Pre-authorized contributions are automatic funds transfers from your chequing and savings accounts with other banks to your account with Shinhan Bank Canada. Pre-authorized contributions are perfect for customers who want to invest in an installment savings deposits with Shinhan using funds from accounts they have with other banks.
To sign up for this service, please visit your local branch with void cheque or the following information of your other bank account(s):