Fiesta Save Account

Service/Product Target

Personal customers who wish to save money with the desire to accumulate wealth or finance an important event such as a wedding or vacation.

Product Attributes/ Features

  • Minimum opening balance of MK20,000
  • Monthly deposits of at least MK10,000 through a cash deposit or a standing order
  • Interest rate at 6% above ordinary savings account

Benefits To The Customer/user

  • No service fees.
  • Allows a customer to build an investment over a period of time from a monthly income
  • Can be used as collateral/security
  • Relatively high interest rate

Costs To Access The Product

None

Account Opening Requirements

  • Account opening forms
  • KYC documentation as advised by the bank

Terms and Conditions

Withdrawals on quarterly basis to be done over the counter and not through electronic platforms

mission-vision

 Vision

To be the most successful financial institution in Malawi with an internationally visible presence.

Mission Statement

To provide outstanding and inclusive financial solutions that deliver sustained stakeholder value.

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