Mercantile Bank Deposit Rate
Mercantile Bank provides a wide range of international and local banking services to the business community with a segment focus on the Portuguese market. The Bank aims to satisfy all the banking needs of the business client and seeks to differentiate itself through a single point of contact, high touch, personalised service model.
The bank’s core focus is on Business Banking and Commercial Banking. It also has an Alliance Banking division which offers credit card, debit card, and payment services to non-banks who seek to or are already participating in the financial services industry. In addition, the bank also has a treasury division that offers a full suite of vanilla foreign exchange products.
NOTICE DEPOSIT
- Earn attractive interest rates on your funds with a variety of maturity periods to suit your needs (32 and 367 days) and avoid early withdrawal penalties
- Invest a minimum of R100,000 on the 367 day notice deposit and earn attractive interest rates
- Maximise investment through longer term holding
- Minimum investment of R1, 000