Double Edge Savings Account

This is an hybrid account that allow customers enjoy the benefit of a savings account as well as the flexibility of a current account at no cost to the customer.

Target Market

Individuals, HNIs

Product Features and Benefits

• Combines features of savings and current account
• Non-clearing customized cheque
• Opening and minimum operating balance of $20,000 for individuals
• Cheque and dividend warrant lodgement allowed
• Attractive Interest rate
• Maximum of 3 withdrawals per month after which interest is forfeited
• Electronic banking facilities (internet banking, ATM, SMS alerts)
• Allows cash withdrawals by third Party at any Bank Finance. branch nationwide (up to the tune 150,000)
• Account serves as collateral for borrowing

**MPR-Monetary Policy Rate