No, the Raisin Account is not designed to hold funds over a long period of time*. The Raisin Account serves exclusively as a transactional account for transfers between your nominated account and the deposit accounts you have opened via Raisin Bank with our partner banks.
Examples of such transfers include the funding of a deposit account, the receipt or return of the amount invested in a term deposit at maturity, or the transfer of money from your Raisin Account to your reference account.
*A long period of time refers to balances held in the Raisin Account for more than two weeks, without having been used to order a deposit product.