Notice Accounts

Higher Interest Earnings on Your Investment

This investment account earns you higher interest rates and you choose a notice period most suitable to you. With notice periods from 41, 61, 91 and 121 days up to 6, 9 and 12 months, you can choose to save either short term or slightly longer.

How it Works

Opening an Account

To open a Notice Account, you’ll need a minimum deposit of R5,000.00 up to a maximum of R10 million. The amount deposited need not be fixed and you’re able to transfer additional funds into your account during the period.

What we need from you

  • Green bar coded identity document
  • Proof of address (utility bill or similar)
  • Proof of deposit (if customer is doing EFT)

You will need to complete and sign

Take the above mentioned documents to your nearest branch in order to open an account.

Withdrawals

  • A Notice of Withdrawal form must be completed for both partial and full withdrawals* that can be made after the notice period is over.
  • Early withdrawals carry a fee of 1% of the amount withdrawn with a minimum of R403.50.
  • Once the notice period has lapsed, you’ll need to advise for funds to be transferred. Without notification your funds will be automatically transferred into a Bidvest Bank Call Account

*All withdrawals must exceed R1,000.00.

Interest Rates

Interest rates apply for investments up to R10 million.

Interest rates for investments over R10 million will be determined on application.

  • The nominal rates are indicative only and are subject to change without prior notice.
  • All nominal rates are quoted on a nominal annual compounded monthly basis.

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