Notice deposits

If you are looking for a way to keep yourself from dipping into your savings, a Notice Deposit Account is perfect for you. A notice deposit is an investment account that earns you interest, but requires a notice period for you to access your money.

How to apply

  • Already have a Business Current Account? Contact your account executive.
  • Complete the form below.
  • Visit your nearest branch

Features and benefits

  • Earn highly competitive interest rates on your funds, getting a better return on your investment
  • Interest is calculated on daily balances, so you can receive a competitive return on your savings
  • Interest can also be paid into another account — or re-invest it
  • No monthly fees
  • There is no maturity date until notice is given. A customer may, therefore,leave funds invested in a notice deposit indefinitely.

What it costs

  • No fees are applicable.

7 day notice

A 7 Day Notice Deposit is  suitable for investors that have a minimum of N$ 40,000.00 to invest for an indefinite. SBN will need 7 day notice period before you access the funds

14 day notice

  • A 14 Day Notice Deposit is suitable for investors that have a minimum of N$ 5,000.00 to invest for an      indefinite. Standard Bank Namibia will need 14 day notice period before you access the funds

 

21 day notice

  • A 21 Day Notice Deposit is suitable for investors that have a minimum of N$ 1,000.00 to invest for an      indefinite.Standard Bank Namibia will need 21 day notice period before you access the funds

32 day notice

  • A 32 Day Notice Deposit is suitable for investors that have a minimum of N$ 500.00 to invest for an      indefinite. SBN will need 32 day notice period before you access the funds

How to qualify

  • You are 16 years of age or older
         AND
  • You are a Namibian citizen
         OR
  • You have a valid passport or permit

Features and benefits

  • Earn highly competitive interest rates on your funds, getting a better return on your investment
  • Interest is calculated on daily balances, so you can receive a competitive return on your savings
  • Interest can also be paid into another account — or re-invest it
  • No monthly fees
  • There is no maturity date until notice is given. A customer may, therefore,leave funds invested in a notice deposit indefinitely

What it costs

  • No fees are applicable

How to apply

  • Complete the form below
  • Visit your nearest branch
  • Contact our Customer Contact Centre at 081 9286

What you'll need

  • N$ 100 000.00
  • Your ID book
  • Proof of home address
  • Valid passport and work / study permit (for non-Namibian citizens)

 
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