Current Accounts
An account where you can store and withdraw money.
Savings Accounts
For all your savings and financial management.
This is a borrowing facility availed to salaried and non- salaried individual client account holders. The tenure of the loan is negotiable and ranges between 6 months to 36 months
This is a line of credit that allows a customer to cover their transactions in the event that the bank balance goes beyond zero. The overdraft limit is agreed upon beforehand. These can be either 30 day or 90 day facilities.
The saving account is meant to promote saving. It earns interest which is capitalized monthly and withdrawals are done once a quarter after issuing a notice of intent to withdraw.
The current account is meant for transactional purposes and can be issued a debit card and a cheque book.
Funcionality
Both saving and current account are SMS alert notification enabled whenever a transaction is done on the account. Both accounts are available in USD, ZWL, ZAR and any other currency tradable in Zimbabwe. Have access to all AFC Link channels, that is internet banking, mobile app and USSD code *276# |
This service provides safe custody of physical instruments on behalf of investors such as, bonds, share certificates, title deeds and any valuables which are not explosives, cash or guns.
The current account is used for daily transactions and can be issued with a debit card and a cheque book.
The savings account is for savings that the school may be willing to put aside for a particular project. It earns interest that is capitalised monthly and withdrawals are done after giving 7day notice.
Functionality
Both savings and current account have sms alerts notification enabled whenever a transaction is done on the account. Both accounts are available in USD, ZWL, ZAR and any other currency tradable in Zimbabwe. Have access to all AFC Link channels, that is internet banking, mobile app and USSD code *276# |
This an account created for short term money market instrument offered to customers who wish to invest their excess cash at an interest rate that is capitalised upon maturity. The investment period ranges from 30 days, 60 days, 90 day to 180 days
Functionality
Investments are in USD, ZAR and ZWL
This is a facility that is meant to assist both the individual and school to acquire assets through loans. It assists a customer to fulfil single or multiple large capital expenditure activities without having to use their own capital
Client Relationship Managers
