FlexSave accounts for Business Clients

8/30/2018

Starting on 1 October 2018, Business Clients with excess liquidity can transfer their funds to a FlexSave account and earn interest – an ideal solution for funds that are not being used. Through your ProCredit Direct current account you can make deposits and withdrawals to and from your savings account 24 hours a day, 7 days a week, depending on your company’s needs. The interest on this account is calculated on a daily basis and is paid into your ProCredit Direct current account every month.

Accounting features:

  • Currency: EUR
  • Minimum balance that must be on the account to accrue interest: EUR 30,000
  • Interest rate (nominal and effective): 0.30% per annum

The funds in this account can be used at any time, but they must first be transferred to your Direct account. If the balance on your FlexSave account falls below EUR 30,000, no interest will be calculated and the funds will be treated as funds in a current account.

How to open a FlexSave Account for Businesses
Contact your Business Adviser or call our Contact Centre at 049 555 555 or 038 555 555