MarketLink From Standard Bank

The banking industry in South Africa has evolved over the years. Historically, banks have always acted as payment agents by conducting current accounts for customers, paying cheques drawn by customers on the bank and collecting cheques deposited to customers current accounts. Banks also enable customer payments via other payment methods such as Automated Clearing House, Wire transfers and automated teller machines.With increasing customer demands,Banks have moved to create teller made products and services.Standard Bank stands as a prime example of this.This bank has created the MarketLink.

The Standard Bank MarketLink is an investment account that offers the flexibility of a current account,in addition to competitive rates.Some of the features and benefits this account offers include the fact that cash held in your account is guaranteed,there is no defined investment period,funds can be deposited and accessed at any time, stronger interest benefits for investments of R20,000 and more, you can also link your MarketLink account to your Standard Bank ATM card and manage your account online, at an ATM or from your cell phone.

In order to qualify,you will need to submit an opening deposit of R5000, be a South African citizen,for non-South African citizen,you must have a valid passport, work permit or study permit, Minors can open an account with a parents or guardians consent.

To access this account,Standard Bank can be contacted on 0861201000.