|
A
flexible operating account is an essential part of any business. Our cheque
accounts will help you to manage your cash flow and maintain control of
your business.
We
offer two types of cheque accounts designed to help meet the needs of
your business:
Ordinary
Cheque Account:
Primarily used as an operating to manage your day to
day banking and enables for payment of good and services by cheque. A
regular statement is issued to assist with reconciliation of the account.
Other features of our ordinary cheque accounts include:
| - |
No minimum
balance requirement. |
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All
funds are “at call” i.e. there are no withdrawal restrictions
(for available funds). |
| - |
Account
is normally conducted on a credit basis, however can be linked to
an overdraft facility (subject to standard credit criteria). |
| - |
Account
fees are determined by transaction volume. |
Business
Management Account: The BMA is the ideal solution for investing surplus
funds for short periods at very competitive rates of interest.
A cheque book is issued and funds can be withdrawn and deposited at your
discretion. Other features of our ordinary cheque accounts include:
| - |
No
minimum balance requirement. |
| - |
All
funds are “at call” i.e. there are no withdrawal restrictions
(for available funds). |
| - |
Account
fees are determined by transaction volume. |
>>>
Download Business Management Account brochure
Summary
of BSP Personal Banking Cheque Accounts
|
Product
Name |
Statement |
Minimum
Balance |
Credit
Interest |
Fees |
|
Ordinary
Cheque Account |
Monthly |
No |
No |
|
|
|
Monthly |
No |
|
|
 |
