This is an investment for an indefinite period, which may be withdrawn on demand. It is an account for short-term investment for customers looking to earn interest on big deposits. It is similar to Term Deposit account except a customer is paid interest accrued up to the period if the account is terminated.
- Competitive interest rates
- Daily interest accrual (Accrued interest paid if the account terminated)
- Guaranteed liquidity of investments
- Credit facilities
- Very flexible and accessible money market product
- Tiered interest rates according to deposit amount
- Call/Current account sweep facility