Notice deposit accounts

Bidvest Bank offers notice accounts on a 40, 60, 90 and 120 day notice period at competitive interest rates.

• The interest rate on notice deposit accounts is variable. This means that the interest rate will be adjusted to align with movements in the Prime lending rate.
• Interest is calculated daily and capitalised monthly.
• Partial withdrawals can be made from a notice account, provided Bidvest Bank is given written notice and that the notice period has lapsed.
• Additional funds can be transferred into the account at any time.
• Should a withdrawal need to be made prior to the completion of the notice period, a 1% early withdrawal fee will be charged on the withdrawn amount.

        For deposits over R 10 000 000 - rate will be determined
          on application