Savings - Bayport Zambia

Call us: +260 211 257 243

bayportzambiacallcenter@bayport.co.zm

Bayport’s 2023 ESG Report: Advancing sustainable practices for a better tomorrow.

Bayport Savings Account: Save As You Earn (SAYE)

SAYE is a savings account that lets you choose how you save. You can either make deposits at your convenience, or arrange for a specified amount to be deducted directly from your salary through payroll or a debit order every month. The interest of 9% per year is calculated daily and paid annually.

You can withdraw and/or make deposits as often as you like, and the account carries no management of transaction fees. You can get one free statement per month upon request.

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Fixed Deposits

Bayport’s fixed deposit account is unusually flexible as it allows you to choose for how long you want to invest your money and how you want to receive the interest. The minimum deposit period is 60 days; the maximum is 365 days. The longer you save and the more you save, the better the interest you earn.

Our fixed deposit accounts carry no setup, monthly maintenance, service or transaction fees. If you need to withdraw your deposit before the agreed term has to come to an end, you will receive a pro rata interest payment. We do not charge penalties for such early withdrawals.

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