Notice deposit
A Standard Lesotho Bank Notice deposit account is an investment account that earns you interest, but to access your money you will have to give us notice that you want to withdraw the funds.
Features and benefits
- You need a minimum opening deposit of M1000
- You can add to your investment at any time.
- There are two types of notice deposits
- the first requires that you give us 7 days notice;
- the other requires 30 days notice.
- Funds are immediately available after notice period is observed
- No service fees are charged on the account
- You can link your account to your transactional account and manage it electronically
- Interest is paid out quarterly
- Withdrawal without notice will attract a penalty
Who can apply
If you are a personal, business or corporate customer with M1000 or more to invest, but still require reasonable access to your funds, a Notice Deposit account is ideal for you.
How to apply
To open your Notice deposit, just visit your nearest Standard Lesotho Bank branch with the following documents and our friendly customer consultant will assist you
Customer care
Tel: (+266) 22212000