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Minimum investment |
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| Toll Free access |
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Phone 0800 653 832
Monday to Friday between 8 am &
5pm. Transaction requests received after 4.30 pm
will be processed the next business day.
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| Minimum withdrawal and
deposit |
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Minimum withdrawal amount or one-off deposit amount is $500 and a balance of $5,000 must be maintained.
Telephone or internet banking transfers can be arranged.
Regular automatic payments to deposit funds to the UDC Telephone call Account may be set up.
Repayable on demand subject to clearance of funds.
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Interest rates |
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Fixed for the calendar month
The daily On Demand Rate will be applied to an investment falling below the minimum investment balance. This rate is lower than the call interest rate provided to Telephone Call Account investors, and details of this rate are available by contacting us on 0800 652 832.
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Interest frequency |
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Calculated on daily balance and compounded or direct credited monthly.
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Transferable to a Secured Term Investment |
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Funds may be transferred to a UDC
Secured Term Investment in the same name(s) as the
Call Account simply by phoning our toll free number.
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Fees |
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There are no fees on the UDC Telephone Call Account.
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Withholding tax |
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Interest earned is taxable. Tax is deducted before interest is paid or compounded.
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Identification |
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Security |
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Your Telephone Call Account is fully secured by UDC First Ranking Debenture
Stock.
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