This product is only offered to non-profit organisations (NPO).
Features
- This facility is offered to organizations that do not have a profit-making motive.
- Minimum opening deposit - $250.
- Minimum operating balance - Nil.
- A cheque book is issued for this account.
- A deposit book will be issued upon your request.
- Account statement issuance is quarterly with the option to generate statements at other frequencies. Any ad-hoc request will attract a fee.
- Access to funds is via in-branch funds transfer.
- Periodic Payment Transfers are not allowed from this account.
Benefits
- Offers the convenience of writing out cheques for payments without visiting the Bank or ATM to access cash to make payments.
- No account service fee is charged.
- Accessibility to overdraft facility when faced with unexpected expenses.
How to set up an Account
You can enquire at your nearest BSP branch for a NPO Current account or call BSP Customer Care Centre on 132 888 or (679) 3214 300 or send your query through the Contact Us page.
