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you are here: Domestic Banking >> Call Deposit

This is an unrestricted, easy access deposit account, which gives the depositor the flexibility to add to the deposit or make withdrawals at anytime and without prior notice.

 

Call Deposit Accounts are highly recommended for a current account holder whose account is very active with frequent deposits and cheques payments.

 

For such a customer, a standing instruction can be given for the Bank to "sweep out" funds from the current account into the call account whenever there is excess funds (where excess funds will be a certain amount specified by the account holder) and "sweep in" funds from the call account into the current account to honour cheques which have been drawn on the customer's account whenever there's less funds available.

 

At PBL, we offer very attractive interest rates on call deposits.

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