This product is only offered to non-profit organisations (NPO).
- This facility is offered to organizations that do not have a profit-making motive.
- Minimum opening deposit - $250.
- Minimum operating balance - Nil.
- A cheque book is issued for this account.
- A deposit book will be issued upon your request.
- Account statement issuance is quarterly with the option to generate statements at other frequencies. Any ad-hoc request will attract a fee.
- Access to funds is via in-branch funds transfer.
- Periodic Payment Transfers are not allowed from this account.
- Offers the convenience of writing out cheques for payments without visiting the Bank or ATM to access cash to make payments.
- No account service fee is charged.
- Accessibility to overdraft facility when faced with unexpected expenses.
How to set up an Account
You can enquire at your nearest BSP branch for a NPO Current account or call BSP Customer Contact Centre on 132 888 or (679) 3214 300 or send your query through the Contact Us page.
NPO Current Account Brochure
Wednesday, July 15, 2020