Flexi Deposit - Finance House

Flexi Deposit

Company cash requirements cannot always be projected with certainty. Finance House provides a convenient solution: the innovative Flexi Deposit.
Flexi Deposit is a premium version of a Call Account in that it pays interest similar to Fixed Deposits yet provides the flexibility to withdraw at short notice.

Flexi Deposit

Key Features:

  • The higher the amount, the higher the interest rate
  • Complete account operating flexibility on a day-to-day basis, just like a Current or Call Account
  • Cash withdrawals allowed (within pre-set limits)
  • Third party payments effected by cheques in the name of the beneficiary and couriered overnight
  • Daily Account Statements via email
  • Monthly Statement via mail

Our clients also have the option of outsourcing their Payables function to Finance House. We have a highly customized service which operates seamlessly with the Flexi Deposit, under which we effect payments to designated beneficiaries on the basis of client instructions. This service is designed to maximize the yield on clients’ cash balances that would otherwise remain idle, and at the same time makes for an effective payment process.

Our Treasury Arm

Choose what suits you best, from short to medium or long term solutions.

Fixed Deposit

Finance House enjoys the patronage of many nationally and regionally leading institutions, governmental and non-governmental, from multi-national companies all the way to SMEs, all of whom chose Finance House as their partner for deposits.

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MYFD

The Multi Year Fixed Deposit (MYFD) from Finance House is a corporate deposit product, which is specifically designed to grant businesses higher rates of return on their longer term deposits.

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