A transactional cheque account for individuals and any Additional transactions are on Pay as they transact
Benefits
- Receives interest, Funds are accessed via ATM, Agents, and Branches, Can be linked to EazyMobile, Can be linked to SMS Alerts
Book Balance
- Zero
Initial deposit
- MWK20,000
Interest Rate
- 0.10% per annum (on balances in excess of MK5,000,000) changes from time to time
Eazymobile Optional
- Balance inquiry MWK60, Statement MWK60, Cardless withdrawal MWK90
SMS Alert Optional
- MWK510
Minimum average balance
- MWK20,000 (Violation of min balance will attract penalty of MWK 3,500
ATM Card
- MWK10,000
Cheque book fees (50 pages)
- MWK10,500
Visa Monthly subscription fees
- MWK600
Interest Accrual
- Daily
Interest Capitalization
- Monthly
Account closure within six 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