Well, the account is real and offers the Maximum nominal interest rate over 12 months currently standing at 3.70%. The account requires a minimum deposit of R5 000 and you can have access to your money after 32 days’ notice.
If you cannot wait that long, you can access it instantly at a fee. You can add more money to your account at any time. You have the power to load multiple notices and interest rates are based on the amount invested. You can open and manage the FNB Business 32 Day Flexi Notice account online and manage it at the comfort of your own home.
The account according to FNB poses no risks, and your original deposit and quoted returns are 100% guaranteed. The account is flexible as you can add money at any time,
You can schedule your transfers, set up regular transfers easily. You can make payments to other banks and there are no monthly fees. You can get your eBucks reward level points with the account.
The following interest rates were published on 2020-07-24
Amount – Interest (per annum)
R1 000 -R4 999 2.50%
R5 000-R9 999 2.50%
R10 000 – R19 999 2.50%
R20 000 – R29 999 2.90%
R30 000 – R39 999 3.00%
R40 000 – R49 999 3.10%
R50 000 – R74 999 3.40%
R75 000 – R99 999 3.45%
R100 000 – R499 999 3.50%
R500 000 – R999 999 3.55%
R1m – R4 999 999 3.60%
How to apply and the documents needed
To qualify, you must be a South African citizen and must have the following documents handy:
⦁ IDs for the company owners
⦁ Proof of address for the company owners
⦁ Company documents
⦁ Income Tax Number if issued
You can contact FNB directly, Find the nearest branch, fill out a call back form or apply online.
Here’s the link for more information: https://www.fnb.co.za/business-banking/investments/32-day-flexi-notice.html