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Cash-backed Lending

Use your deposits as security for an international loan

Qualifying cash, term and notice deposits you hold with us can unlock a world of opportunity. Apply online today for a Deposit-backed Loan that is both quick and simple to activate.

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As an existing customer, you can secure a loan valued at up to 100% of cash deposits you hold in a qualifying account.

Benefits of a Cash-backed Loan

Easy access

Deposits held in a Call or instant access account serve as collateral for your personal loan

Full access

Realise the full value of your cash deposits if your loan is in the same currency as your deposit

Choice

Exercise the option to request a guarantee should this be preferred over a personal loan

Simplicity

Enjoy the benefit of quarterly interest payments that minimise monthly transactions
How it works
  • Borrow against your cash or deposits held in an International Saver account, 1-Year Fixed Term Deposit or Structured Product
  • Borrow between 50% and 95% of the value of your deposits, depending on the account currency and type, time to maturity and notice period
  • Loans against cash deposits can unlock 100% of the value of your deposits, if the loan is in the same currency
  • If the cash deposit and loan currency differ, a security margin of 10% or 20% is required
  • ‘Rolled-up’ interest is settled when the loan expires, using proceeds from your deposit account
  • Interest is applied quarterly in arrears and settled when your deposit matures or the notice period expires
  • You are required to maintain a minimum balance equivalent to the loan amount, which must be mandated to the Bank for the full term of the loan

See Cash Backed Loan factsheet

 

How to get it
  • You need an existing qualifying Standard Bank Call or instant access account, term deposit or Structured Product
  • How it works
  • How to get it
  • Borrow against your cash or deposits held in an International Saver account, 1-Year Fixed Term Deposit or Structured Product
  • Borrow between 50% and 95% of the value of your deposits, depending on the account currency and type, time to maturity and notice period
  • Loans against cash deposits can unlock 100% of the value of your deposits, if the loan is in the same currency
  • If the cash deposit and loan currency differ, a security margin of 10% or 20% is required
  • ‘Rolled-up’ interest is settled when the loan expires, using proceeds from your deposit account
  • Interest is applied quarterly in arrears and settled when your deposit matures or the notice period expires
  • You are required to maintain a minimum balance equivalent to the loan amount, which must be mandated to the Bank for the full term of the loan

See Cash Backed Loan factsheet

 

  • You need an existing qualifying Standard Bank Call or instant access account, term deposit or Structured Product
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