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Bloom Business Save Account

Bloom Business Savings Account is a high yielding savings account designed to build up funds for business entities, limited liability companies/firms or informal bodies

Bloom Business Save Account

Bloom Business Savings Account is a high yielding savings account designed to build up funds for business entities, limited liability companies/firms or informal bodies

Who is this for:

  • SME customers

Features:

  • No Account charges.
  • Minimum balance of LE25,000.
  • No account opening deposit required
  • Interest to be earned on outstanding balances
  • Quarterly interest payment a savings interest rate for Balances above LE25,000.
  • Cheque to be acceptable through clearing.
  • Cheque deposits to be accepted.
  • Other e-banking services available.
  • Account balance can be used as collateral against borrowing.
  • Deposits can be made via a direct debit to give convenience.
  • Dedicated relationship Manager.
  • Safe way to build up funds to achieve goals
  • Available as a stand alone / available to owners of business current account

Benefits:

  • Make money by earning competitive yield
  • Account balance can be used as collateral against borrowing
  • Investment Avenue for account holders