32-Day Notice Deposit account

Access your funds after a fixed period

A Notice Deposit offers you a competitive interest rate with a 32-day fixed notice period. You also have the flexibility to add money whenever you want, and to choose whether to withdraw all or just a portion of your funds after giving notice.

A 32-Day Notice Deposit may suit your business if:

  • You want a secure investment option to invest your surplus cash
  • You need the flexibility of performing simple transactions on
    your account

How to qualify

  • Minimun opening balance R250

 
Features and benefits

  • After giving 32 days notice you can withdraw your funds at a branch, or have them paid out into another account
  • Earn highly competitive interest rates on your funds, getting a better return on your investment
  • Interest is calculated on your daily balance, paid monthly and can be re-invested
  • Interest can also be paid into another account — or re-invest it
  • By linking the account to a Standard Bank Autobank card, you can use various self-service channels such as Online Banking, AutoPlus machines, as well as phone banking and cellphone banking
  • 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.


32-Day Notice Deposits
These rates effective from 7 March 2017.

 NominalEffective
R0 - R249 0.00% 0.00%
R250 - R999 4.20% 4.28%
R1 000 - R9 999 4.20% 4.28%
R10 000 - R24 999 4.70% 4.80%
R25 000 - R49 999 4.95% 5.06%
R50 000 - R99 999 5.20% 5.33%
R100 000 and above (on application)  

Interest rates are quoted as per annum rates.

Electronic Notice Deposits*
These rates effective from 7 March 2017
 

 NominalEffective
R0 - R249 0.00%  0.00%
R250 - R999 4.35% 4.44%
R1 000 - R9 999 4.35% 4.44%
R10 000 - R24 999 4.85% 4.96%
R25 000 - R49 999 5.10% 5.22%
R50 000 - R99 999 5.35% 5.48%
R 100,000 – R   499,999 6.50% 6.70%
R 500,000 – R   999,999 6.70% 6.91%
R 1,000,000 – R4,999,999 6.80% 7.02%
R5,000,000 & above 7.10% 7.34%

Interest rates are quoted as per annum rates.

*Electronic Notice Deposits: accounts that have been opened through Internet banking only.

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