Read about the Electronic 32 Day Notice account
In today’s digital age, smart savers are looking for secure, high-interest accounts with flexible access. The Nedbank Electronic 32 Day Notice Account checks all those boxes — offering up to 8.05% annual interest, online convenience, and 32-day withdrawal terms.
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Interest Rate
Interest rate p/a 6.20% – 8.05%.
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Access to funds
Withdraw funds with a 32-day notice.
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Opening Deposit
Opening deposit R250.
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Monthly Fees
No monthly account fees or commissions.
Tax Implications
Interest earned is reportable under your annual income tax return (ITR12). You will receive an IT3(b) and/or IT3(s) tax certificate, summarising interest and dividends earned. These documents must be submitted to SARS, even if the interest is below SARS’s prescribed threshold.
Read about the Electronic 32 Day Notice account
In today’s digital age, smart savers are looking for secure, high-interest accounts with flexible access. The Nedbank Electronic 32 Day Notice Account checks all those boxes — offering up to 8.05% annual interest, online convenience, and 32-day withdrawal terms.
Read More
What you need to apply
- Opening deposit of R30
- Your South African ID
- Proof of residence
(not older than three months)
- Opening deposit of R30
- 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.