FNBB introduces 7-day notice deposit business account

The 7-Day Notice Deposit Account is an investment account with a difference, as it does not have a maturity date and has two interest rates applied; the first, after 32 days and again the second after 64 days later.

With the account, business clients can make withdrawals from their account provided a seven-day notice period has been issued to the Bank.  This means customers benefit from greater flexibility when it comes to accessing their money, whilst at the same time promoting greater saving. The client is able to transfer into their 7-Day notice account at any time and the higher their investment amount, the higher the interest earned.