Call Deposit Account
Call Deposit Account is basically a demand deposit account with the benefits of term deposit account.
- Easy liquidity - funds can be withdrawn at any time by giving prior notice to the Bank.
- Preferential Interest Rate close to that on Term Deposits
- Interest paid at month end and thus compounded monthly.
- Minimum Deposit of ZAR 25,000 for Individuals.
- Opened in ZAR currency.
- Account is opened by transfer of money from other accounts.
- Call Deposit Account is not an operative account.