? Notice Account | NEW FINANCE BANK
° Banking Services
Personal & Corporate Banking

° Notice Deposit Account
- It requires the specified amount of notice to be given to the bank before funds are withdrawn. The notice periods can vary from 7days, 21days and 30 days.

- If notice cannot be given a charge of MWK2, 000 MUST be deducted from the funds being withdrawn.

Requirements

  • Customer can be a holder of NFB account(savings/current) or not

Features

  • Minimum balance of MWK50,000
  • Interest is paid upon redemption. Contact your nearest branch for the applicable rates.
  • Must have a personal savings or current account as a drawdown account.
  • No maintenance fee.

Benefits

  • Can be used as a security in the event a customer wishes to borrow money from the bank.
  • Money is securely lodged or invested
  • Easy to open.
Exchange Rates
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