Call Deposit Account
Call Deposit Account is basically a demand deposit account with the benefits of term deposit account.
- Easy liquidity – money can be withdrawn at any time by giving notice to the bank.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 100, 000 for Corporate, Firms & Trust.
- Opened in ZAR currency.
- Account opened by transfer of money from other accounts
- Call Account is not an operative account.