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

 
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 daily balances, so you can receive a competitive return on your savings
  • 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 18 March 2016.

 NominalEffective
R0 - R249 0.00% 0.00%
R250 - R999 4.00% 4.07%
R1 000 - R9 999 4.00% 4.07%
R10 000 - R24 999 4.50% 4.59%
R25 000 - R49 999 4.75% 4.85%
R50 000 - R99 999 5.00% 5.12%
R100 000 and above (on application)  

Interest rates are quoted as per annum rates.

Electronic Notice Deposits*
These rates effective from 18 March 2016.
 

 NominalEffective
R0 - R249 0.00%  0.00%
R250 - R999 5.25% 5.38%
R1 000 - R9 999 5.25% 5.38%
R10 000 - R24 999 5.75% 5.90%
R25 000 - R49 999 6.00% 6.17%
R50 000 - R99 999 6.25% 6.43%
R 100,000 – R   499,999 6.90% 7.12%
R 500,000 – R   999,999 7.15% 7.39%
R 1,000,000 – R4,999,999 7.25% 7.50%
R5,000,000 & above 7.25% 7.50%

Interest rates are quoted as per annum rates.

* Electronic Notice Deposits: accounts that have been opened through Internet banking, an AutoPlus machine or the Customer Contact Centre

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