Call deposit
A call account is an interest bearing account to which funds can be deposited and called back on demand. Funds are transferred electronically over accounts in the same name but third-party payments are not permitted. Interest rates fluctuate daily along with market forces and interest is calculated on a daily balance and paid monthly.
Features and benefits
- There is no defined investment period, that is, funds may be invested indefinitely.
- No maximum balance limitisation.
- Interest rates are variable and effective immediately when charged.
- Funds are available on demand.
- Interest may also be paid to a Standard Bank third party account subject to terms and conditions.
- Can link to your main account via Internet Banking or nBOL.
- Loan facilities are available against pledge of funds on Call Deposit account.
How to apply
Contact your Business Banker or Relationship manager.
Customer care
Tel: (+266) 22212000