EBS sure income

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mcriot29

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Hey can any one tell me is there any way i can get my money out of a ebs sure income account early, i have a5 year account and am just past year one, i see they take 2 months interest if they do close it early.
Has any one any idea if i can close it early and pay them 2 months interest or is there no chance they would allow it
 
From the T&C's:

Access to your money, you have the option to withdraw up to 10% of your investment each year, after year 1, without penalty. In exceptional circumstances where an additional withdrawal is permitted, an interest adjustment may be applied.
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Hence, the answer is it is at EBS discretion but they will probably say yes.

Call EBS, give an 'exceptional reason' and they will probably let you withdraw the money.
 
I want to put in anpost bond 10 year so i cant tell them that,also will the charge me 60 days or 90 days interest
 
Any ideas for a good reason i can use ??
Since im giving them 2 months interest why do they need a reason
 
mcriot29 said:
Any ideas for a good reason i can use ??
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The reason needs to be exceptional according to the T&C's. A good personal reason might be exceptional. Switching products might not be an exceptional reason.

mcriot29 said:
Since im giving them 2 months interest why do they need a reason
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According to the T&C's, you can only break the term in "exceptional circumstances" even with the interest penalty.
 
But its my money at the end of the day , and im
Paying them 60 days interest ,just dont see why the wouldent jump on it esp when there giving me a very high rate
 
Hi mcriot29, 5 years is a long time to put your money on deposit. Changing your mind after 1 year will require an ''exceptional'' reason! Depositors should be sure of committing their savings for such a long period, expecially in these austere times. What won't be acceptable is wanting to exit because you see a better deal! No matter what excuse you come up with, the bank will probably want proof! Best of luck anyway!
 
I understand but i dont see why they would make a big deal over it since id be paying them 60 days interest
 
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