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
