TREASURY

Call Account - offers your business an attractive return on investment whilst providing immediate access to your funds if and when needed.

• This enables you to earn competitive rates on any short-term surplus cash

• 24-hour access to funds with no notice period required and no withdrawal penalties

• Earn a higher rate of interest than you typically would with a current or savings account

• Tiered interest rates

Enables you to invest money for a fixed period of time at a fixed interest rate. Interest is payable either monthly or on the maturity date of the deposit; you can choose from a range of investment periods and opt for the term that best suits your specific needs.

We can tailor-make an investment to suit your specific requirements. Structured solutions can be short- or long-term in nature and we can offer a range of fixed, blended or prime-linked interest rates; benefit from competitive pricing with direct access to our dealing room.

These are used in international transactions by sellers and buyers to ensure payment. With the nature of international dealings including factors such as distance, different laws and difficulty in knowing your counterpart, the use of Letters of Credit has become functional and advantageous; trade securely and limit your export/import risk.

Facilitates international trade transactions and can reduce settlement risk for sellers and expedite the exporting of goods to buyers.

This is a common and popular means of obtaining payment in international trade transactions. We offer this product to assist you to facilitate payment from suppliers that are well known and trusted by you and you can also retain control of the goods traded.

We can also assist you with additional exchange control-related services such as:

• Opening accounts for foreign payments (transfers inward and outward)

• CFC (Customer foreign currency)

• Assistance with your export/import documentation

We can assist you and your business in facilitating electronic foreign currency payments and currency transfers as and when required. Using SWIFT, a worldwide electronic payment and receipts network, transfers are fast, secure and efficient.

• Transact efficiently online

• Gain greater control over available funds and investments

• Earn a solid return for optimal fund management

• Enjoy efficient and secure third party fund administration

MOI is an Internet-based product delivered through First Trust National’s electronic banking system. It offers seamless and paperless processing of third party funds and offers administrators the following functionality:

• Request to open MOI accounts in advance or close accounts whenever needed

• Perform a range of banking transactions online 24/7/365

• Deposit and invest funds to earn competitive interest rates

• Make electronic payments

• Transfer funds to linked accounts

• Track account transactions and view or print statements whenever required