Business & Corporate Enterprise Service

Partial withdrawal refers to withdrawing a portion of the funds deposited in the account before the maturity date, while leaving the remaining balance intact. This may involve change in interest earned and can also be subject to penalties or fees.

Banks employ posting restrictions to regulate transactions in deposits. Posting restrictions are transaction-based controls, that prevent transactions from being posted for the purpose of operational control. A typical business case in which a bank applies a posting restriction to control credits is for non-resident accounts, where there could be restrictions against the deposit of local currency amounts into the deposit.