Get access to funding and credit packages.

 

 

An account targeted at Micro & Small Businesses. The product is dynamic enough to charge based on your monthly activities.

 

 

Who is eligible?

 

◉   Sole Entrepreneurs

◉   Micro Enterprises

◉   Small and Medium scale businesses

 

Features

 

◉   Low Account opening & operating balance

◉   Easy access to loans

◉   Concession on transaction charges

◉   Activity-based charge for growing business which factors in changes in the business cycle

◉   Access to SME capacity building programs (T’s & C’s Apply)

◉   Business debit card

◉   Tax advisory and Business tools (T’s & C’s Apply).

Small Business Account

Accrue interest on your account balances

 

 

Do you desire the benefits of a savings account combined with the flexibility of a current account?

 

Banco Oceanico SME Accounts offer you these benefits with minimal restrictions. You can conduct third-party transactions whilst accruing interest on your account balances.​

 

 

Target Market

 

Individuals, Professional firms, social clubs, associations, trade and co-operative societies, and similar organisations

 

 

Features & Benefits

 

 

Minimum opening and operating balance of €5,000 for individuals and €10,000 for clubs and association

Lodgement of cheques/dividend warrant

 

Withdrawals below minimum operating balance (Customer however loses the credit interest for the period)

Zero COT charge

 

Graduated interest rate at 1% above standard savings account rate

 

Additional interest of 0.8% per annum for non-withdrawal of deposit within three months

 

Personalised cheque book for over-the-counter withdrawals for self and third parties across the Banco Oceanico branch network (this cheque does not go through clearing)

 

◉   Access to Banco Oceanico e-banking products and services

 

◉   Easy access to fund

 

◉   Access to mobile and internet banking services

 

◉   ALERT for transactions on your account

 

 

---

---

---