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Non-South African residents over 55 or formally emigrated over 55's with a minimum opening balance of R10 000.
Non-Resident Seniors Fixed Deposit Account
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benefitsincluding
Ideal for investors 55 years and older to invest for a fixed period of time at a fixed interest rate.
What the Non-Resident Seniors Fixed Deposit Account offers me
- The ability to earn some extra money for your retirement
- Highly competitive rates
- The chance to plan ahead for the unseen
- Knowledge that the full capital value is paid at maturity
- A preferential interest rate for Fixed Deposits of 12 months and longer and up to a maximum balance of R250 000
What this allows me to do
- Invest all you like with no maximum balance
- Choose your plan and deposit from 1 month to 60 months
- Add funds On maturity, withdraw funds or re-invest the account
- Request statements at any time
Note
- You may not deposit or withdraw during the investment term
- Funds cannot be withdrawn before maturity date
Interest
- Interest rates remain fixed for the entire term of the investment
- Interest can be redirected to a Non-Resident account
- Interest can be capitalised at maturity on fixed deposits
Legal
- Terms and Conditions apply
- Qualifying Criteria applicable
- The South African Reserve Bank (SARB) Exchange Control Rules and Regulations apply, see 'moving money in and out'
Foreign Banking
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+27(0)11 352 5025