|
|
|
SMME Banking - Investments for SMMEs |
 |
|
|
Overview
Our range of short term and long term investments
are beneficial for depositing surplus funds which
are accumulated and earn competitive interest. These
include Call Account, Transactor Call Account,
Notice Deposits (32/60/88 day Accounts), and Fixed
Deposits (6/9/12 Months).
Types of Investments
|
|
|
|
|
"beneficial for depositing surplus
funds" |
|
|
|
|
|
- Call Account
- Transactor call account
- Notice Deposits (32/60/88 Day Accounts)
- Fixed Deposits (6/9/12 Months)
Features & Benefits
- Call Account - Funds are available to the account
holder on demand
- Interest rates may fluctuate from time to time. - Deposit can be made from time to time into this
account. - Balance limit is M5000.
- Transactor Call Account - Funds are available to
the account holder on demand
- Interest rates may fluctuate from time to time. - Initial deposit of M1000,00 ,deposit can be made
from time to time into this account to increase the
investment.. - Balance limit is nil.
- Notice Deposits - Funds are available at
pre-arranged period of notice depending on notice
period of the deposit to the account holder on
demand
- The rates of interest may fluctuate from one
deposit to another depending on notice period
required. (32/60/88) - Initial deposit of M1000.00,can be increased be
deposit made from time to time into this account.
- Fixed Deposit - An investment for a fixed period,
at a fixed interest rate and . Fixed amount.
- The interest rate is the same until tat the end of
a period. - Deposit cannot be made into this account. - Minimum deposit of M1000.00
Qualifying Criteria
- Application Letter for opening an investment
account
- Certified Passport copy
- Proof of residence of the signatories.
- For new businesses- requirements are the same as
those of the SMME Business cheque account.
|
|
|