Corporate Money Management Account
Earn competitive interest rates on your short-term cash flows with a Corporate Money Management Account (CMMA). This product gives you returns even as you maintain the flexibility of adding funds to, and withdrawing funds from your account. A CMMA offers you the opportunity to take care of your daily expenses, earning interest up to the day when the funds are remitted from your account. The safety of your investment is assured, as these funds are protected by CCSL's portfolio of approved Government Securities.
Who Can Benefit
- Companies with minimum funds of JA$ 50,000.00 or US$1,000
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 January 13, 2010
* Conditions Apply
JAD
| Amount | Rate P/A |
|---|---|
| 2,000 - 9,999 | 2.5% |
| 10,000 - 24,999 | 3% |
| 25,000 - 99,999 | 3.25% |
| 100,000 and above | 3.5% |
