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What happens at maturity of my ERBonline Term Deposit?

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What happens at maturity of my ERBonline Term Deposit?

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Prior to maturity of your ERBonline Term Deposit Account you will receive a letter from us. If you wish to vary your ERBonline Term Deposit Account you will need to return instruction to us. If we receive no instructions from you, your balance will be rolled into an ERBonline Term Deposit Account for the same term at the prevailing interest rate.

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