An Investment account with a sweep facility that allows customers to save. The account is linked to a Current account. When balance in the current account reaches a certain maximum, the excess money is swept to the Investment account. When the balance in the current account is below a certain minimum, the shortfall is swept from the Investment account to the current account. The account targets Corporate and High Net-worth customers.
- Easy way to save money
- It earns higher interest
- Minimum account balance is MWK500,000
Account opening requirements
Valid passport or valid driver’s license or Malawi Electoral commission registration card with a letter from a recognized authority or a letter from an employer and employees ID. Proof of residence i.e water