Deposit Payment and Renewal. Unless the Depositor gives SMBC Trust Bank prior instructions for automatic renewal, SMBC Trust Bank shall pay the principal of the deposit together with the interest thereon on the maturity date. Said payment shall be made by crediting the principal and accrued interest to the Depositor's ▇▇▇▇▇▇▇ MultiMoney Yen Savings Deposit (Account). If the Depositor gives SMBC Trust Bank instructions for automatic renewal, SMBC Trust Bank shall renew the deposit as a Super Teiki according to the Depositor's instructions for the same term as the previous term. The same shall apply to a deposit that has been automatically renewed.
Appears in 2 contracts
Sources: Prestia Multimoney Account Customer Agreement, Prestia Multimoney Account Customer Agreement