Bloom Logo

Bloom Business Target Save Account

This product is designed for businesses for a specific period aimed at building funds to meet specific goals. With our investment and savings setup, you can earn competitve interest on your savings towards your goals. eg. for business expansion, purchasing of equipment, etc

Bloom Business Target Save Account

This product is designed for businesses for a specific period aimed at building funds to meet specific goals. With our investment and savings setup, you can earn competitve interest on your savings towards your goals. eg. for business expansion, purchasing of equipment, etc

Who is this for:

  • Small and Medium sized businesses

Features:

  • Minimum opening balance of GMD100.
  • Interest payment Qualifying Balance – GMD5,000.
  • Quarterly interest payment at “> than” current interbank above normal savings rate.
  • Free monthly e- statements & Free email alerts.
  • Dedicated Relationship Officer.
  • Standing order arrangements available
  • SMS alerts
  • Cheque deposits accepted.

Benefits:

  • Deposits can be made via a direct debit to give convenience.
  • Higher interest rate offered than the standard savings rate.
  • Safe way to build up funds to achieve goals.
  • Help control against unnecessary withdrawals.
  • Free Instant Transaction alert.
  • Earn competitive interest.