HomeProductsServicesDelivery ChannelsApplication FormAbout UsContact Us
 
Home > About Us
  Trade Services

INDEbank has an in depth strength in foreign trade services dating back to 1972.
>> Read More.
  Forex Services
Whenever you want to change your money into foreign currency, we have the solutions for you. INDEbank offers foreign exchange services at good rates.
>> Read More.
INTEREST & EXCHANGE RATES

FOREIGN EXCHANGE RATES

INDICATIVE FOREIGN EXCHANGE RATES FOR 04-JULY-2008

Currency

 

TT BUY

TT SELL

POUND STERLING

GBP

 280.1242 291.3292

US DOLLAR

USD

 139.1221 141.9045

RSA RAND

ZAR

 18.2926 19.0243

EURO

EUR

 221.8599 230.7343

Kindly note that the above rates are indicative rates for the specified date.Contact any INDEbank branch for current exchange rates

 

INTEREST RATES

Effective from 1st December 2007

 

 

 

 

 

 

 

 

 

BASE LENDING RATE

 

19.5%

p.a.

 

 

 

 

 

 

 

DEPOSIT RATES

 

 

 

 

 

 

 

CURRENT ACCOUNT

 

Balances Over

MWK 250,000

0.5%

p.a.

 

 

 

 

 

 

 

SAVINGS ACCOUNT

 

Savings

Minimum

MWK 2,000

4.5%

p.a.

 

 

 

 

 

 

 

CALL DEPOSITS

 

7 Days notice

 

 

3.0%

p.a.

 

30 Day notice

 

4.0%

p.a.

FIXED DEPOSITS

 

1 Month

 

 

4.0%

p.a.

 

2 Months

 

 

5.0%

p.a.

 

3 Months

 

 

4.5%

p.a.

 

6 Months

 

 

4.0%

p.a.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Kindly note that the above rates are indicative rates.
Contact any INDEbank branch to confirm the rates.

 
 
 
 
 
Powered by Star Media Malawi © 2006 indebank.com. All Rights Reserved.