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

Email: lesothoservicecentre@stanbic.com