At-Call Accounts are a flexible and cost-effective alternative to traditional savings or cash management accounts.
Account holders have access to a full range of facilities and there are absolutely no bank fees or costs charged to the investor or the parish. The accounts are simple to use and allow an investor to maintain total control over their funds. The minimum investment for an At-Call Account is only $100.00. Immediate access is available to funds, with unlimited withdrawals and deposits allowed.
Interest is calculated daily, and can be paid to a nominated financial institution account or reinvested. Depending on the type of account, statements are issued quarterly or half yearly.
At-Call Accounts can be used for short or medium term savings targets e.g. a holiday, car or a deposit on a home.
An ADF At-Call Account offers a simple solution to saving that can be tailored to meet the investor's specific savings goals.
Key Features
- Minimum investment of $100.00
- An attractive alternative to traditional savings or cash management accounts
- Immediate access to funds
- Access to a full range of facilities, including electronic banking
- Deposit by deduction from pay, electronic transfer or via internet banking
- Unlimited withdrawals by electronic transfer
- Signed withdrawal forms can be emailed, faxed or mailed to the ADF
- Withdrawals by cheque are available (maximum of 2 per month)
- Useful for short or medium term savings targets
- Interest paid quarterly or half yearly
- Accessing your money
Depositing to ADF accounts:
- By electronic transfer
Funds automatically transferred from any financial institution credit card to an adf account this method of transferring funds can be used once or on a regular basis
By cheque
Cheques can be mailed or personally delivered to the ADF office
By deposit of funds directly into an ADF account
Funds can be deposited in person at any Westpac branch for transfer to an ADF account.
Funds can also be deposited via the internet or by electronic funds transfer through any financial institution.