PBL Corporate Savings Account
The PBL Corporate Savings Account is an interest-bearing account designed for businesses. It allows customers the flexibility to save at their own pace.
Features/Benefits
- Low initial deposit
- Interest rate on account is tiered to reward accounts with high balances
- No monthly account maintenance charges
- Access to our suite of e-banking services
- Account balance can be used as collateral for loans
PBL Foreign Currency and Foreign Exchange Savings Accounts
The PBL Foreign Currency and Foreign Exchange Savings Accounts can be opened in the following major currencies:
- US Dollar (USD)
- Pound Sterling (GBP)
- Euro (EUR)
Features/Benefits
- Low initial deposit to open account
- USD account balances of US$20,000.00 and above earn attractive interest
- No monthly account maintenance charges
- Access to our suite of e-banking services
- Account balance can be used as collateral for loans
Prudential Micro Savings Account (PMSA)
The PMSA is a special savings account designed to encourage micro to small businesses to save daily towards growing their businesses or meeting personal financial commitments such as paying wards’ school fees, acquiring household items or investing for the future.
The account includes a loan package aimed at providing the account holder with a convenient, flexible and affordable means of securing a credit facility.
Features/Benefits
- Low initial deposit
- Free cash collection services at your doorstep
- Free Transaction Notification Services (alertWise)
- No monthly account maintenance charges
- Competitive interest earned on account balance
- High-yielding Fixed Deposit Investment available
- Account balance can be used as security for loans
- Flexible repayment schedule (Daily or Weekly) for loans
- ATM card available on request
Requirements
- Complete a Prudential Micro Savings Account Opening Form
- Attach a passport-sized photograph
- Provide a valid photo ID (Driver’s License, Biometric Passport, Voter ID or National ID card)
- Submit proof of residence (e.g. utility bill, sketch to residence, etc.)
Prudential Business Savings Account (PBSA)
The PBSA is a special savings package purposely designed to provide financial assistance to existing and prospective small and medium-scale enterprise (SME) customers wishing to expand or set up new businesses.
Features/Benefits
- Low initial deposit
- The account attracts a higher interest rate than our standard savings interest rate
- The Account Holder qualifies for a loan of up to 150% of the balance on his/her account after operating the account satisfactorily for three (3) months
- Borrowers enjoy a concessionary interest rate of 2.5%.
- No monthly account maintenance charges
- Access to our suite of e-banking services
Requirements
- Complete an Account Opening Form
- Attach a passport-sized photograph
- Provide a valid photo ID (Driver’s License, Biometric Passport, Voter ID or National ID card)
- Submit proof of residence (e.g. utility bill, sketch to residence, etc.)