Cumulative Account
Beneficial offer for your business!
What is it?
- an account with special operation status for accumulation of funds, which still can be freely used if necessary;
- two types of interest acccrual:
- increased interest – for the amount of minimum account balance;
- lower interest – for amounts, which are higher than minimum account balance; - an ability to automatically transfer funds from "Current Account" - with the help of SO.
Your advantages
- an ability to accumulate funds for mid-term purposes: for contract settlements, salary payments to employees, etc., which gradually forms the fund for extraordinary expenses, for loan payments;
- an opportunity to save time – by means of Standing Order for automated transfer of funds;
- absence of limits on amount, term and period of funds placed;
- stable income with big balance on Cumulative Account.
List of documents necessary to sign up for "Cumulative Account"
Additional information can be provided by corporate manager of NADRA BANK:
Deposit line income accounting
Last update 29.08.2008
