Notice Deposits

At Nedbank we offer 32Day, 60Day and 88Day Notice Deposits. The benefits we provide are as follows:

• Good for clients who wish to invest more than N$ 500;
• Should you wish to invest, our Treasury department will provide you with a special interest rate on investment amounts of N$100 000 and more;
• Once you open the account, the notice period is agreed upon between you and our investment specialist—whether it’s 32, 60 or 88 days;
• Competitive interest rates are offered and will be paid on maturity. As a Nedbank client, you will receive confirmation of the investment stating the balances on your investments, your interest rate, the maturity date and maturing value; and
• Any withdrawal is subject to the agreed-upon notice period.