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BG652 Nedbank Corporate Saver

Taxco Business Guide


Banking and Investments

Introduction

Corporate saver a market leader among similar products and is offered at highly competitive rates.
As an internet-based administration system, Corporate Saver can be reconciled to your accounting package, ensuring maximum accuracy and efficiency.

Benefits

Benefits include:

  • being able to manage money on behalf of your clients
  • the creation of additional revenue opportunities;
  • linking of individual accounts to intermediaries;
  • enables your practice, as an intermediary, to access clients’ accounts through the internet and carry out transactions;
  • brings efficiencies into your practice

Allows your practice to perform a broad range of banking transactions

Essentially, Corporate Saver enables you to manage and reconcile several related accounts, in addition to being able to mobilise funds across these accounts with ease.

A specialised benefit for attorneys that use Corporate Saver is the ability to issue electronic property guarantees, printed at your place of business, easing administration and expediting the guarantee process. You can manage the entire process from your office, from issue to final payout. Your clients can also benefit from this by earning a competitive interest rate on their funds under guarantee.

In addition to this, the system allows you the convenience of transacting in your own time.

Dedicated client support on Corporate Saver ensures that help and advice are always within reach.

We offer a wide choice of investment options, each with their own unique offerings:

Call deposits offer:

  • rate fluctuations linked to money market conditions;
  • the ability to make additional deposits at any time and withdrawals on demand;
  • ideal management of short-term cash flows;


Term deposits, as fixed-amount investments offer:

  • a fixed rate (negotiated on date of investment);
  • a fixed maturity date (agreed on the date of deposit);
  • a maturity profile that coincides with cash flows to maximise the rate of return;
  • an opportunity to fix your rate for a longer period at a more favourable rate;
  • no additional deposits or withdrawals during the investment period of seven days to 12 months.

Investments

Investment management solutions 

A fundamental component of our investment solutions is our Corporate Saver product, a flexible online banking system. Following compliance requirements as specified by the Law Society and the South African Institute of Chartered Accountants (SAICA), it enables both financial and legal practices to manage third-party funds efficiently across different trust and current accounts.

Offering greater control over investments, Corporate Saver allows for straightforward management of third-party funds, is considered a market leader among similar products and is offered at highly competitive rates.

As an internet-based administration system, Corporate Saver can be reconciled with your accounting package, ensuring maximum accuracy and efficiency.

Other benefits include:

  • the ability to manage money on behalf of your clients;
  • the creation of additional revenue opportunities;
  • the linking of individual accounts to intermediaries;
  • enables your practice, as an intermediary, to access clients’ accounts through the internet and carry out transactions;
  • brings efficiencies into your practice; and
  • allows your practice to perform a broad range of banking transactions.

Essentially, Corporate Saver enables you to manage and reconcile several related accounts, in addition to being able to mobilise funds across these accounts with ease.

A specialised benefit for attorneys who use Corporate Saver is the ability to issue electronic property guarantees, printed at your place of business, easing administration and expediting the guarantee process. Attorneys can manage the entire process from their offices, from issue to final payout. Clients can also benefit from this by earning a competitive interest rate on their funds under guarantee.

In addition to this, the system allows you the convenience of transacting in your own time

Dedicated client support on Corporate Saver ensures that help and advice are always within reach.

We offer a variety of investment options, each with their own unique offerings:

Call deposits offer:

  • rate fluctuations linked to money market conditions;
  • the ability to make additional deposits at any time and withdrawals on demand; and
  • the ideal management of short-term cash flows.

Term deposits, as fixed-amount investments:

  • offer a fixed rate (negotiated on the date of investment);
  • offer a fixed maturity date (agreed on the date of deposit);
  • offer a maturity profile that coincides with cash flows to maximise the rate of return;
  • offer an opportunity to fix your rate for a longer period at a more favourable rate; and
  • do not allow additional deposits or withdrawals during the investment period of between seven days and 12 months.

Funding solutions

Range of financing options to meet your business needs.

  • Overdrafts, overnights, short-term loans
  • Specialised debt solutions
  • Trade finance
  • Vehicle and asset finance

Investment solutions

  • Adding value and saving you time
  • Corporate saver
  • Call and term deposits
  • Transactional solutions
  • Manage your company's banking with ease
  • Card solutions
  • Cash management
  • Cash solutions
  • Current account
  • Electronic banking solutions
  • Global trade solutions

How can Taxco help?

The most appropriate product will depend on a number of factors including consideration of taxation implications, the sources of finance, other legal entities involved, ownership and liability to creditors.

Being spoilt for choice is one thing, but making the correct choices from the beginning that suits your personal and specific business needs is essential and can impact on the eventual success of your wealth plan.

You are invited to contact one of our professionals at Taxco who can help you make an informed decision that will suit your specific needs and circumstances.Contact Us Now.

This Guide is subject to the Terms and Conditions of Use of Taxco Services and their Website.

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