Business Account

Benefits

Easy day-to-day banking
flexible
convenient
Statement of Reconciliation is easy using the control system and duplicate check numbers on the statement
Stop payment of checks can be influenced upon request
Pre-authorized payments can be arranged
Ability to sweep funds to an account designated by providing the cash management services to maximize interest on your funds.
A regular monthly statement is provided for free, with additional copies available for a nominal charge
The statements may be required more frequently than a month for an additional cost

BENEFITS

Important Features

When the account is held in other currencies, the equivalent of $ 125 is required to open the account
The customer can specify up to 99 signatories on the account.
The customer can specify the number of signatories for any aspect of the management of accounts
Accounts closed within 90 days of opening will be charged a penalty
Account charges: Government Stamp Duty (if applicable) and a monthly service fee that is applied to the last working day of the month
Non-interest-bearing account
A current account credit can be established on account by prior arrangement.
Custom controls are available in a variety of styles and scenes; a fee is charged for printing
All controls are magnetically (MICR) encoded with sequential numbering
The statements will be mailed to the registered address or may be picked up at the local branch.
Arrangements can be made for standing orders to pay your bills, loans and transfers to other accounts
A structure of a stop payment is available for a fee
It can make regular transfers to sweep / self appointed to the accounts
Accounts held in other currencies is subject to local regulations Foreign Exchange

Important Features