Do you need instant access to your funds? The Cheque Call Account is a demand investment that you can use as a holding account for excess operating cash - the perfect option if you need cash immediately. Get competitive interest rates, tiered according to your account balance, instant fund withdrawals with no minimum withdrawal amount and unlimited withdrawals and deposits.

Unlimited deposits and withdrawals
Unlimited deposits and withdrawals

There is no limit to the number of deposits and withdrawals you can make.

Instant access to funds
Instant access to funds

Enjoy instant withdrawals of funds in your account. No minimum withdrawal amount required.

Competitive interest rates
Competitive interest rates

Enjoy competitive interest rates, tiered according to the balance of your account.

Flexibility to move funds
Flexibility to move funds

You can move funds from your operating/current account to Cheque Call and vice-versa.

How to get it & what you can expect

Cheque Call Account
Advantages of Cheque Call Account
  • Unlimited number of deposits and withdrawals
  • Instant withdrawals of funds with no minimum withdrawal amount required
  • Inter-account sweeping is available for customers who use this account as a parking bay for excess operating cash balances
  • Competitive interest rates, tiered according to the balance of the account
  • No minimum deposit or withdrawal amount is required to transact on the account
  • Electronic access provides convenient account management
  • Interest is earned on interest
  • Interest is calculated daily and capitalised monthly
  • Funds are moved from the clients operating/current account to Cheque Call and vice-versa
Qualifying criteria
Qualifying criteria
  • A minimum balance of R1 000 is required to open this account

Please note as a small business savings account holder the following transactions are not available - payments, point-of-sale or prepaid purchases, and stop or debit orders.

contact

Need more help?

Let one of our consultants assist you.

If you’re an existing customer:

Contact your Relationship Executive or your Enterprise Banker, or log on to Absa Online and click on the Save and Invest tab

If you’re a new customer or you don’t bank with us:

Call us on:

0860 040 302

E-mail us at:

savingsandinvestments@absa.co.za