It is important to know the following fees and charges involved with your MaxSave Time Deposit Account (TD) if you meet the following conditions:
Completed TD Contract:
Cancelled TD Contract (beyond cooling-off period):
Withholding Tax (WHT): Interest earned will be subject to 20% WHT
Documentary Stamp Tax (DST) Fee: Customer will shoulder DST Fee
Term is <1 year = term in days / 365 * 1.5 / 200 * principal amount
Term is >1 year = 1.5 / 200 * principal amount
Pre-Termination Fee: deducted from the gross interest amount earned
Cancelled first half of tenure: 50% of gross interest amount earned
Cancelled second half of tenure: 25% of gross interest amount earned
