Call Deposit Account

Benefits

  • A product suitable for funds that are available for purposes not yet finalized.
  • The account will earn attractive interest.
  • The funds can be lifted at short notice [i.e. 24hrs].
  • Dedicated bank officers to handle the customers enquiries.

Call deposit accounts are suitable for:

  • Customers holding funds pending asset purchase
  • Schools collecting student fees just before the term begins
  • Fund managers awaiting to make an investment
  • Corporate dividends awaiting approval for payment
  • Other similar temporary funds.

Product features

  • Initially for at least 7 days then followed by call
  • 24hr notice period to withdraw deposit
  • Minimum balance of Ksh50,000
  • Experienced bank officials to handle client queries