Sibekelo Savings Account
Sibekelo Savings Account is a simple, affordable, structured savings account that can be tailored to suit your specific needs. You can open more than one account with different maturity periods – providing you with options to meet your different financial goals and targets.
Some of the Benefits
Unlimited Deposits
No Fees
Multiple Accounts
Capital guaranteed
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You need to sign a minimum standing order for SZL 100.00 a month
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Additional deposits (no minimum amount) can be made into the account at any time
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Funds can be accessed at the end of your chosen investment period
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You must have a transaction account with us to fund your standing order
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There are various investment periods to choose from – 6 months, 1 year, 2 years or even 3 years
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You can open more than one of this account to mature at different periods
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No management fees are charged on your account
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Interest is paid on maturity
- Minimum account opening balance is SZL 100
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Open to anyone wanting to grow their money long-term
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Strictly a monthly savings product with no withdrawals, however the client will be charges a penalty fee of SZL 375
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Transactional account
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Copy of ID or passport
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What You Get
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What it costs
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Who Qualifies
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What You Need To Get It
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You need to sign a minimum standing order for SZL 100.00 a month
-
Additional deposits (no minimum amount) can be made into the account at any time
-
Funds can be accessed at the end of your chosen investment period
-
You must have a transaction account with us to fund your standing order
-
There are various investment periods to choose from – 6 months, 1 year, 2 years or even 3 years
-
You can open more than one of this account to mature at different periods
-
No management fees are charged on your account
-
Interest is paid on maturity
- Minimum account opening balance is SZL 100
-
Open to anyone wanting to grow their money long-term
-
Strictly a monthly savings product with no withdrawals, however the client will be charges a penalty fee of SZL 375
-
Transactional account
-
Copy of ID or passport