Read about the Notice Deposit Investment account
If you’re looking for a smart way to grow your savings without locking your money away for years, the Standard Bank Notice Deposit Investment Account offers a great middle ground. With flexible notice periods from just 7 days to 60 days, you get to choose how long you want to commit your funds. And the best part? The longer the notice period and
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Interest Rate
Up to 7.72%.
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Access to funds
After 7 to 60 days notice.
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Monthly Fees
No monthly management fee.
Tax Implications
While the Standard Bank Notice Deposit Investment Account offers great returns, it’s important to understand the tax implications related to the interest you earn:
• Interest earned on this account is taxable. However, the South African Revenue Service (SARS) provides an annual interest exemption:
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Read about the Notice Deposit Investment account
If you’re looking for a smart way to grow your savings without locking your money away for years, the Standard Bank Notice Deposit Investment Account offers a great middle ground. With flexible notice periods from just 7 days to 60 days, you get to choose how long you want to commit your funds. And the best part? The longer the notice period and
Read More
What you need to apply
- Opening deposit of R250
- Your South African ID
- Proof of residence
(not older than three months)
- Opening deposit of R250
- Valid Passport
- Proof of residence
(not older than three months)
- Work/Resident permit
You can apply now on Buti.co.za, or alternatively, visit the bank’s website to apply through their platforms.
