Fiesta Save Account

Service/Product Target

Personal and SME customers who wish to save money with the desire to accumulate wealth or finance an important event such as a weeding or vacation.

Product Attributes/ Features

  • Minimum opening balance of MK20,000
  • Monthly deposits of at least MK10,000 through a cash deposit or a standing order
  • Interest rate at 6% above ordinary savings account

Benefits To The Customer/user

  • No service fees.
  • Allows a customer to build an investment over a period of time from a monthly income
  • Can be used as collateral/security
  • Relatively high interest rate

Costs To Access The Product

None

Account Opening Requirements

  • Account opening forms
  • KYC documentation as advised by the bank

Terms and Conditions

Withdrawals on quarterly basis to be done over the counter and not through electronic platforms

mission-vision

 Vision

To be the most successful financial institution in Malawi with international visible presence.

Mission Statement

To provide the best financial services in Malawi and internationally, distinguished by outstanding service, product innovation and sustained earning.