Business Cheque Account with Interest

An interest bearing cheque account designed for business customers who regularly maintain a large balance and transact on the account less frequently.

 

Features:

  • No minimum balance
  • Funds are at call and can be accessed at any time with no withdrawal restrictions
  • Accessed by cheque or internet
  • Monthly statement (or as required) at no charge
  • Interest calculated daily and paid quarterly
  • Interest is paid at tiered rates

 Up to K50,000   0.00% pa
 K50,000 - K99,999  0.05% pa
 K100,000 - K249,999   0.10% pa
 K250,000+     0.15% pa

 

Benefits:

  • Credit interest paid on surplus funds
  • Interest calculated daily on every Kina
  • Interest rates are tiered, so the more a customer holds, the higher the interest rate (assuming their balance reaches the next tier)
  • Funds can be called on at any time
  • Easy access by cheque or internet
  • No statement fees

 

 

For further information please speak with your Relationship Manager or call BSP Corporate Banking toll free on 180 1100 or +675 305 7900.