The BizSaver account is an interest bearing account that provides an incentive for genuine business savers who want better returns on surplus funds.
- Applicants must have an existing business cheque account with BSP.
- Minimum opening deposit - $250.
- Minimum operating balance- Nil.
- Account statement issuance is quarterly with the option to generate statements at other frequencies. Any ad-hoc request will attract a fee.
- Periodic Payment Transfer (PPT) is not allowed from this account.
- This account does not offer a cheque book, debit card or overdraft facility.
- Cash withdrawal is not permitted. Funds will have to be transferred to associated business current account, and then withdrawals made.
- BizSaver rewards you on your savings with a competitive interest rate.
- This product offers an incentive of a conditional bonus interest payment.
- Interest earned can be reinvested into the BizSaver or transferred to a nominated BSP account.
How to set up an Account
You can enquire at your nearest BSP branch for a BizSaver account or please call our BSP Customer Contact Centre on 132 888 or (679) 3214 300 or send your query through the Contact Us page.
BizSaver Account Brochure
Wednesday, July 15, 2020