Special” because they offer a higher rate of interest.“
Features of special Savings Account
- Minimum balance BWP500.00.
- Interest is also calculated on the daily balance and payable on a quarter yearly basis and it ranges from 1.66% to 2.01%.
- Withdrawals- twice per month.
- Has no ATM facility.
Who may operate Savings Accounts?
All Savings Accounts may be operated by any person over the age of 16, clubs, companies, associations, partnerships, deceased estates, trust funds and others.
