The FNB 7 Day Notice Deposit Investment Account is ideal for South African short term…
The FNB 7 Day Notice Deposit Investment Account is ideal for South African short term investors who want great returns. When in need, you have access to your funds by giving 7 days notice.
FNB 7 Day Notice Deposit Investment Account Features:
With the FNB 7 Day Notice Deposit Investment Account, you will earn interest at the rate determined by FNB. Interest is calculated daily and capitalized monthly into this account. You will earn two interest rate increases, the first one after 32 days and then second one after 64 days. You need to tell FNB where they must pay you the interest you have earned at the end of each month or it will automatically be paid into this account. You may transfer money electronically into this account at any time. No cash or cheque deposits can be made to this account. With this account, early withdrawals of funds are not allowed. You must give us at least 7 days notice for any withdrawal. Only one instruction is allowed at any given time.
Fnb Contact Details:
Address: 1 First Place, Fnb Bank City,
Simmonds Street, Johannesburg, 2001.
Tel: 087 575 9404
Email: [email protected]
|Highest Interest Rate||5.80% - 5.90%|
|Min Investment Amount||20000.00|
|Investment Period||32, 64, 96 days|
|R1,000 - R10,000||NA|
|R10,000 - R25,000||NA|
|R25,000 - R50,000||4.65% - 4.75%|
|R50,000 - R75,000||5.60% - 5.70%|
|Interest R75,000 - R100,000||5.60% - 5.70%|
|Interest R100,000 - R500,000||5.65% - 5.80%|
|R500,000 - R1,000,000||5.75% - 5.85%|
|R1,000,000 - R5,000,000||5.80% - 5.90%|
|R5,000,000 +||5.80% - 5.90%|