Short-Term Wholesale Deposits

Invest funds between a 7-day and 30-day period

The Short-Term Wholesale deposit account offers a fixed rate period of between 7 to 30 days, while attracting a fixed interest rate. There is no defined investment period and your funds will become available to you at the end of the fixed rate period.

A Short-Term Wholesale Deposit may suit your business if:

  • You want a fixed interest rate for a specific period
  • You need the flexibility of an undefined investment period
  • You only require access to the funds at the end of the fixed rate period
  • You can invest R 100 000 or more

Features and benefits

  • Have your interest paid out, or re-invest it in another account
  • Additions and withdrawals can only be made at the end of the fixed rate period
  • Withdraw funds by transferring them to a transactional account
  • No monthly fees

How to apply

  • Already have a Business Current Account? Contact your account executive.
  • Complete the form below and a consultant will call you back.

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