What is Security Deposit? Is it refundable?

The Security Deposit is a compulsory deposit for your in-house credit (internal billing) account.

This in-house credit has a charge limit of $1,000 (for Basic Memberships and Ordinary/Associate Memberships below 10-year) or $2,000 (for 10-year term Ordinary/Associate Memberships and above).

The Security Deposit will be refunded (less any outstanding under the member's account) when the membership term expires, is withdrawn or is terminated. It cannot be used to off-set against current bills and subscription fees.