Overview
This is an investment account that allows SMEs to invest funds over a fixed period of time ranging from 30 to 365 days at a fixed interest rate.
Product Features
- Available in multiple currencies (ZMW, ZAR, USD, EUR)
- Interest bearing account
- No Debit cards
- May be linked to a current account
- No account maintenance fees
- No transactional fees
- No cheque books
- Withdraw or Rollover option at maturity date
- Penalty will apply for withdrawing before maturity
- Available in all major currencies (USD, GBP, ZAR and EURO)
Benefits
- Ideal for business / corporate entities seeking to earn competitive interest on excess cash
- Negotiable terms as Interest may be paid into different account and tenor can range from 1 to 12 months.
- Fixed deposit can serve as cash collateral for financing requirements
- Fixed deposit can be either fully or partially redeemed to meet urgent needs. However, the early redemption attracts a termination fee.
Our Address
Zambia Industrial Commercial Bank Ltd
Head Quarters
Head Quarters
Email Address
Phone Number
Tel:
+26 (0) 211 227 273 /
+26 (0) 211 233 707 |
Fax:
+26 (0) 211 227 274
Call Centre
Quick Contact
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