Is it possible to break a dollar certificate and receive dollars? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Is it possible to break a dollar certificate and receive dollars?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

If the certificate is originally denominated in dollars, redemption will be subject to the terms of the product and the associated account, but early redemption may recalculate the return.

Request the net redemption value and currency before executing the redemption.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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