5. How long do I have to decide if I want to renew or close my CDB when it matures?

Your CDB will renew automatically at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the same offer on new CDB accounts on the maturity date. You will have a grace period of ten (10) calendar days after the maturity date to withdraw the funds without being charged an early withdrawal penalty.

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