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.

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  • Early withdrawals carry a fee of 1% of the amount withdrawn with a minimum of R400.00.
  • 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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