We have different types of investment accounts, and every product is designed to suit the needs of a specific user, this enables everyone to have a product for them.
As such, one of African Bank’s investment accounts is a Notice Deposits Account, where you can earn the market-leading interest rates, and have access to your money in 7 days’ notice, 32 days’ notice or 90 days’ notice.
The longer you invest the more interest you’ll earn. You can invest on a monthly basis, and the monthly interest payout will be more for a 90 days’ notice just as with an annual interest payout and an interest payout on the expiry date.
When it comes to tax implications of investing, African Bank will be held liable and/or advise you on that, but we will cover the subject – contact your financial adviser for advice or your tax consultant, or tweet me, however, read my disclaimer before you hold me responsible for anything.
It is important to note that, interest rates will change from time to time.
Notice Deposit Features and Benefits
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