A transactional account that allows customers to make unlimited withdrawals per month as long as funds are available which should not be less than MWK 5,000 at all times
Benefits
- Receives interest
- Funds are accessed via ATM, Agents, and Branches
- Can be linked to EazyMobile
- Can be linked to SMS Alerts
- Can be linked to internet Banking
- Flexible in the sense that one Pays as you go
Book Balance
- MWK5,000
Interest Threshold
- From MWK30,000
Interest Accrual
- Monthly on Monthly Minimum Balance (Start date of month to end date of month)
Credit Interest Capitalization
- On 31st December
Interest Rate
- 1% Percent
Eazymobile Optional
- Balance inquiry MWK60, Statement MWK60, Cardless withdrawal MWK90
Ledger fees
- Zero
ATM Card
- MWK7,000
Account closure within 6 months
- MWK8,500
Channels used for withdraw
- Bank Pafupi, ATM, In-Branch, Airtel Money, EazyMobile & Internet Banking
Complaints handling
- Call Centre (322), Walk in Branch, emails and other communication tools
Visa monthly subscription fees
- MWK550
Over the counter cash withdrawal for encashing less than MWK220,000
- MWK650
SMS alert optional
- MWK510