Updating Instructions for Fixed-Term Deposit at ACB Bank

Every fixed-term savings account at ACB Bank has a fixed maturity date, adhering to the initial agreement on the deposit term between you and ACB Bank. On the maturity date, you can bring your savings book to the bank counter to either withdraw (close the savings book) or renew the deposit (by default: the principal and accrued interest will continue to be deposited with the bank for a similar term).

Guide on updating renewal instructions for fixed-term deposits on the ACB online system.

With the evolution of the internet, ACB bank's electronic banking system has undergone upgrades, facilitating customers to swiftly and accurately update instructions for deposit renewal without the need to visit the ACB bank for settlements or renewing savings accounts.

How to update instructions for fixed-term deposits at ACB bank.

1. Regulations regarding instructions for renewing fixed-term deposits at ACB bank.

To renew fixed-term deposits at ACB bank, please choose one of the following instructions:

- Instruction 1: Renew both principal and interest for a new term, equivalent to the initial deposit term.

- Instruction 2: Renew the principal for a new term equivalent to the initial deposit term, and the generated interest amount will be transferred to your ACB bank payment deposit account.

- Instruction 3: Close the savings account (terminate the savings account), transferring both principal and interest from the fixed-term deposit account to your ACB bank payment deposit account.

2. How to update instructions for renewing fixed-term deposits at ACB bank

Terms of Use

+ Possess a fixed-term deposit account at ACB bank
+ Possess a payment deposit account (debit card account) at ACB bank
+ Register for the use of ACB's electronic banking services

Implementation Steps

Step 1: Access the ACB online system Here

Step 2: Enter your name, password, and verification code to log into the system

Step 3: In the 'deposit' section on the left menu, select 'fixed-term deposit' => 'update renewal instruction'

Step 4: On the interface for updating renewal instructions for the fixed-term deposit account, choose the account number for the fixed-term deposit, select the renewal instruction for the fixed-term deposit account (instruction 1/instruction 2/instruction 3), choose the payment deposit account, enter the login password, and click 'agree'

Step 5: Notification screen indicating the completion of the process to update renewal instructions for the fixed-term deposit account

Instead of adhering to the traditional renewal regulations of ACB bank (renewing both principal and interest for a new term equivalent to the initial deposit term), with ACB online accounts, you can proactively update renewal instructions for ACB fixed-term deposit accounts according to your preferences.

If you want to use ACB online to register for receiving foreign remittances, you can refer to How to Register for Western Union at ACB for receiving remittances from Mytour bank.