Fixed Deposit Account
Contract account that allows customers to save a fixed sum of money for a fixed period of time. A customer chooses a period for which they want to save.
- Easy way to save money
- It earns higher interest
- Minimum account balanceis MWK20,000
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 bill