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    The document is a letter from The New Finance Society to Mr. Steve Beharry informing him that his term deposit is due for renewal on June 16, 2023. It provides the current interest rates for term deposits ranging from 12 months to 4 years. If they do not hear back from Mr. Beharry by the maturity date, they will assume he wants to reinvest the proceeds for another term.

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    The document is a letter from The New Finance Society to Mr. Steve Beharry informing him that his term deposit is due for renewal on June 16, 2023. It provides the current interest rates for term deposits ranging from 12 months to 4 years. If they do not hear back from Mr. Beharry by the maturity date, they will assume he wants to reinvest the proceeds for another term.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    3 views2 pages

    The New Finance Society

    Uploaded by

    ramphalj123
    The document is a letter from The New Finance Society to Mr. Steve Beharry informing him that his term deposit is due for renewal on June 16, 2023. It provides the current interest rates for term deposits ranging from 12 months to 4 years. If they do not hear back from Mr. Beharry by the maturity date, they will assume he wants to reinvest the proceeds for another term.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    The New Finance Society

    Matherson Avenue
    Fallaway

    Ref: TD/09 February 12, 2023


    Mr. Steve Beharry,
    Helen Street,
    Montrose,
    Lane Park,
    Chaguanas.

    Dear Sir,

    Term Deposit No. 0256

    We wish to inform you that the above term deposit becomes due for renewal on June 16,
    2023 & seek your instruction for the disposition of the proceeds.

    Should you be interested in re-investing the proceeds of the deposit, our current terms &
    rate as follows:

    PERIOD RATE

    12 months 7.5%

    15 months 7.6%

    18 months 7.8%

    2 years 8%

    3 years 8.25%

    4 years 8.25%

    If we do not record any communication for you by the maturity date, we should assume
    that you are interested in re-investing the proceeds of the deposit for another term.

    Yours faithfully,

    Lewis Hernadez
    Term Deposit Officer
    The New Finance Society
    Matherson Avenue
    Fallaway

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