Various loan accounts, for different purposes and over different repayment terms, can be created from the approved line of credit.
Private Banking credit
Credit will be granted in terms of the criteria for Professional Practices, individuals and trusts.
Transactional account
The credit line is linked to a transactional account, which has been tailored to meet your requirements as an individual Professional Practice.
Repayment
This is only required on the money allocated to each loan account and not on the unutilised balance of the credit line.
What banking solutions are you looking for?
Get an ongoing line of credit
The structured loan portion of the Universal Package gives you the power of an ongoing line of credit that, once approved, is readily available.
Choose a loan that suits your needs
-
Structured loan
Once approved, the funds can be used as you see fit – to purchase a vehicle, secure a property, take advantage of an investment opportunity, grow your business, improve your lifestyle, enjoy a once-in-a-lifetime experience or purchase a gift. It truly provides the freedom to use the money as you choose.
Revolving nature of line of
creditThis makes funds available when individual loan accounts reduce or amortise.
Advanced payments
You have the freedom to settle your account at any time prior to the settlement date.
Customise your line of credit
Structure your loan to suit your exact borrowing needs. -
Home loan
Private Banking offers a range of innovative home loan options that are structured according to your individual requirements – all facilitated through your dedicated and professional private banker.
Negotiated interest rates
On your home loan if your private banker guides you through the process.
MultiPlan
Allows you to link multiple loan accounts into one credit facility each with individual financial characteristic.
FlexiReserve option
Option to deposit and withdraw funds.
-
Vehicle finance
As a Private Banking client you are eligible to Private Banking vehicle finance. This is our premier vehicle finance solution that streamlines your vehicle purchase process from start to finish.
Interest rates
Negotiated individualised on your vehicle loan if your private banker guides you through the process.
Expert advice
Support from a private banker who will handle the financial application for you.
Value-added benefits
Expeditious approval and we offer tax information and advice before you make the purchase.
Your answer to success is Practice Management
The Practice Management offering consists of a transactional account through which the affairs of your practice are conducted. In addition to the transactional account, you have access to a line of credit, which can be allocated to an overdraft only or to an overdraft and structured loans.
Option of an overdraft
This is readily available for everyday use, and you have the option of a loan account providing convenient and instant access to available funds.
Money management
Provides a dynamic solution that efficiently manages your finances for you, saving you interest.
Statements
You will receive a monthly statement for each structured loan in you private management solution.
How to get it and what to expect
Need more help?
Let one of our consultants assist you.
Private Assist:
0860 553 553
International Private Assist:
+27 11 501 5011
Email us:
