Money Management Account - Individual
A Money Management Account gives you high returns as well as the flexibility of adding funds to, and withdrawing funds from your account. With this account you can save towards purchasing shares in publicly-listed companies, investing in accounts with higher minimum opening balances or making other investments in the short term.
The safety of your investment is assured, as these funds are protected by CCSL's portfolio of approved Government Securities.
Who Can Benefit
- Individuals or Corporations with minimum funds of JA$2,000.00 or US$500
What you get
- Competitive Money Market interest rates
- Flexibility - Add to or withdraw from your account at any time*
- Daily accrual of interest - which is paid monthly
- Security – Funds are invested in low risk instruments
- No withdrawal fees
- No management fees
*conditions apply
* Effective: April 13, 2010
