Business call account
What is it?
A call account is an interest earning account into which funds can be deposited and withdrawn on demand. Funds may be transferred electronically between accounts in the same name. Third-party payments are not allowed. Interest rates change daily in line with market forces. Interest is calculated on the daily balance and paid every month.
What does it offer me?
- Variable interest rates (higher balances yield higher interest)
- Interest calculated on daily balances
- Funds can be withdrawn at branch
- Inter-account transfers are possible