What happens if I close my Time Deposit before it matures?

You can close it anytime in the Salmon app (select Close Deposit), and the funds go to your Salmon Daily account.

• Within 7 days of funding (cooling-off): full principal back, no fee, no interest
• After 7 days: interest is recalculated at 1% p.a., a 0.75% pre-termination fee is charged, and 20% withholding tax and documentary stamp tax are deducted

The app shows the exact amount you’ll receive before you confirm.