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Mercantile Bank Deposit Rate

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. 

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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.

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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

Interest Rate Schedules

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