For all customers who would like to invest their funds for short term requirements.
Product Attributes/ Features
- Interest of 2.5% per annum on a 7 days Call Account and 2.25% per annum ona 30 days Call Account. Subject to review
- Minimum Balance is MWK 50,000
- Customer to always have a Malawi Kwacha account as the main account.
Benefits To The Customer/User
- No bank charges
- Can be used as security for borrowing.
- Can be attached to a sweep hence offers flexibility of access to funds.
Costs To Access The Product
Account Opening Requirements
- Account opening forms
- KYC documentation as advised by the bank
Terms and Conditions
Interest is forfeited if funds are withdrawn before maturity.