New Bank Windhoek clients who would have taken the opportunity to open savings and investment accounts at the Windhoek show ground will automatically qualify be entered into new competition in which the winner will win savings and investment prizes.
The bank’s stall will be situated in the main hall where product presentations such as the SureSave, GroupSave, Call Deposit, Notice Deposit and Fixed Deposit will be made.
SureSave is a convenient and accessible investment account with a fixed monthly premium via debit order started from N$100 per month. GroupSave is the savings product which allows a group of people to deposit their money together in one savings account to save collectively towards a common goal.
Call Deposit is an investment account in which you can deposit funds on a daily basis and make withdrawals on demand. Notice Deposit is an investment account for investors who are not interested in tying up their funds for too long with a notice period ranging from 7 up to 88 days.
Fixed Deposit provides an opportunity to open an investment account for investors who are interested in saving over a fixed period of 4 to 60 months for a fixed amount at a fixed rate.
“Clients have specific savings and investment needs and some of the reasons for saving and investing may include building up a healthy safety net that could assist them with unexpected financial situations, or help them afford that special something, that they would otherwise not be able to afford, be it a family weekend away, a dream wedding dress or that special birthday gift for their children.
Our staff members at the Windhoek Agricultural Show will assist clients to make the right savings and investment decisions to help them achieving their savings and investment objectives” Bokkie Cloete, Manager: Business Development (Traditional Banking Channels) at Bank Windhoek said.