6 Years Callable Power SURF Deposit 30 - (SGD Tranche A)
Notice of Early Redemption by The Bank
To: Customers of Surf Deposit 30 (6 Years SGD Tranche A)
We would like to inform you that the Bank will fully redeem Surf Deposit 30 (6 Years SGD Tranche A) on 5 May 2008.
You will receive the following on 5 May 2008:
100% of your Principal Amount
a final payout (8th Interest Period) of 1.9986% of your Principal Amount.
You will receive a letter informing you of the early redemption by the Bank. The Principal Amount of your investment and the payout will be either be credited into your account on 5 May 2008, or paid by Cashier's Order if you have requested for payment by Cashier's Order or we are unable to credit your account. The Cashier's Order will be mailed to you from 5 May 2008.
As your investment will be early redeemed by the Bank, if you have been extended an AssetLine overdraft facility secured against this investment, we will cancel the AssetLine. Any amounts outstanding under your AssetLine will be set off against the proceeds from this early redemption on 5 May 2008.
This early redemption provides you with opportunities to reinvest your funds. We have various investment options for you to take advantage of the current market conditions. Please contact your Treasures Relationship Manager today! Alternatively, please call our 24-hour hotline 1800 111 1111 or (65) 6327 2265 (if you are calling from overseas) for an appointment.
We look forward to exploring other new investment opportunities with you.