NOTICE DEPOSIT ACCOUNTS
Bidvest Bank offers competitive interest rates on notice accounts Notice Deposit Accounts
Bidvest Bank offers notice accounts on a
41, 61, 91 and 121 day notice period at competitive interest rates.
- The interest rate on notice deposit accounts is variable. This means that the interest rate will be adjusted to align with movements in the Prime lending rate.
- Interest is calculated daily and capitalised monthly.
- Partial withdrawals can be made from a notice account, provided Bidvest Bank is given written notice and that the notice period has lapsed.
- Additional funds can be transferred into the account at any time.
- Should a withdrawal need to be made prior to the completion of the notice period, a 1% early withdrawal fee will be charged on the withdrawn amount.
The interest rate will be determined on application for all deposits over
R2 000 000.
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| Rates effective 17 May 2012. Rates are indicative and subject to change. | | Days | Nominal | Annual Effective | | 41 | 5.20% | 5.33% | | 61 | 5.35% | 5.48% | | 91 | 5.50% | 5.64% | | 121 | 6.30% | 6.50% |
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Corporate office
11th floor Rennie House
19 Ameshoff St
Braamfontein, 2001
Johannesburg
South Africa
P O Box 185
Johannesburg
2000
South Africa
Customer call centre: 0860 11 11 77
International call centre: +27 11 407 3103
Fleet and Asset Finance: 0860 102 499
Reuters Code: BIDJ
SwiftCode: BIDB ZAJJ
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