Notice Deposits
Investec SmartRate Notice Deposit
Investec SmartRate Notice Deposit allows you to personalise your notice deposit according to your needs while receiving a competitive market-related interest rate.
Design your own notice deposit rate by defining the notice period, the level of access you require and the deposit amount. The interest rate paid will depend on your selections.
Options available include
- Notice periods = 15, 32, 45, 60, 75 or 90 days*
- Percentage access = 0% to 90% in 10% increments*
- R50,000 minimum deposit applies
- You can choose to have your monthly interest compounded or paid away
The Investec SmartRate Notice Deposit account incurs no monthly fees, and allows you to enhance your returns by making subsequent additional deposits.
*Terms and conditions apply.
Investec Business Top5
The Investec Business Top5, an exclusive 32-day notice deposit product from Investec Private Bank, offers your business competitive rates, consistently, to maximise your investment returns while providing liquidity so that you can manage your cash flow.
This is because Investec Private Bank researches the market to ensure that you earn the highest possible average rate on a daily basis*, which is applied to the fund in arrears.
A winning formula – competitive rates, liquidity and flexibility.
The Investec Business Top5 combines the following benefits and features:
- The average of the top five qualifying money market funds*, without the inconvenience or cost of switching between funds
- No monthly fees are applicable
- Liquidity – you have 20% instant access on cleared funds (80% balance is on 32-day notice)
- The minimum deposit amount is R1 000 000
- This product is subject to availability
*A basket of 15 money market funds are assessed to determine qualification** and rate when pricing the Investec Business Top5.
**Only applicable to money market funds with a fund size of R1 billion or more and less than 25% invested in corporate debt. The number of ranked funds and the qualifying criteria may change from time to time and Investec accepts no responsibility for changes in the qualifying criteria, fund size or fund rankings.
Disclaimers
Investec does not make representation that information and materials on this site are appropriate for use in all jurisdictions available on the web, or that transactions, securities, products, instruments or services offered on this site are available or indeed appropriate for sale or use in all jurisdictions, or by all investors or other potential clients. Those who access this site do so on their own initiative, and are therefore responsible for compliance with applicable local laws and regulations. By accessing each site, the entrant has agreed that he/she has reviewed the site in its entirety including any legal or regulatory rubric.
Investec Private Bank. A division of Investec Bank Limited registration number 1969/004763/06. Investec Private Bank is committed to the Code of Banking Practice as regulated by the Ombudsman for Banking Services. Copies of the Code and Ombudsman’s details are available on request. An authorised financial services provider. A registered credit provider registration number NCRCP9.
