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Thread: FNB CASH STASH ACCOUNT IS LAUNCHED FOR BUSINESSES

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    Full Member greghsa's Avatar
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    FNB CASH STASH ACCOUNT IS LAUNCHED FOR BUSINESSES

    CASH STASH ACCOUNT IS LAUNCHED FOR BUSINESSES
    FNB is offering businesses a free Cash Stash Account, which will be automatically opened for you on your FNB Online Banking profile.
    The Cash Stash Account can be used for any money you would like to ring-fence in your business. Money can be ‘stashed away’ to pay for important events or for upcoming payments.
    You can only transfer to and from your business transaction account and your money is immediately available if your business needs it.
    Interest is paid on the balance of your Cash Stash Account and you can change the name of ‘Cash Stash’ to any name you would like on your FNB Online Banking profile.
    If you do not want this account, please don’t transfer any money into it. The account will automatically close and be removed from your FNB Online Banking profile after three months
    I was thinking this would be a perfect account for VAT VENDORS to stash away their VAT so there are no suprises when its time to pay VAT.

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    Site Caretaker Dave A's Avatar
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    Depends whether your business account tends to be in overdraft. I can guarantee the interest paid out on the cash stash account will be less than what you're getting whacked for your OD.
    The trouble with opportunity is it normally comes dressed up as work.

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    Platinum Member SilverNodashi's Avatar
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    does anyone know how to get this account?
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    Site Caretaker Dave A's Avatar
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    FNB is offering businesses a free Cash Stash Account, which will be automatically opened for you on your FNB Online Banking profile.
    Seems it's automatic.
    The trouble with opportunity is it normally comes dressed up as work.

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    Moderator IanF's Avatar
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    Quote Originally Posted by Dave A View Post
    Seems it's automatic.
    I can't see it on my banking
    Greghsa must be privileged
    Only stress when you can change the outcome!

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    Full Member greghsa's Avatar
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    FNB CASH STASH ACCOUNT IS LAUNCHED FOR BUSINESSES

    I can't see it on my profile yet either!

    I saw the information on my FNB profile when I logged in this morning?

    Could not find anything about it on their official website.

    I have logged an incident with FNB to contact me about it.
    Attached Files Attached Files

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    Full Member greghsa's Avatar
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    FNB CASH STASH ACCOUNT IS LAUNCHED FOR BUSINESSES

    Here is FNB's official response:
    Dear Sir / Madam
    The name Cash Stash has not yet been confirmed by our Legal Team and the go live date of the 6th December has not been confirmed by our developers. I will update you shortly if the is all confirmed.Thank you for your enquiry. For security purposes we do not accept requests for stop payments, account statements or transactional related account enquiries via email.
    Kindly contact the FNB Commercial Client Resolution Centre on 0860 263 362 where you will be assisted with your enquiry after a security check. Please note that if you are a registered FNB Online Banking user that stop payments services and account statements are available to you online.
    We sincerely regret any inconvenience caused.
    Kind regards,
    FNB Commercial Banking
    0860 263 362

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    AndyD (29-Nov-10)

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    Moderator IanF's Avatar
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    Great marketing offer a product which doesn't exist
    Only stress when you can change the outcome!

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    Platinum Member SilverNodashi's Avatar
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    Quote Originally Posted by greghsa View Post
    Here is FNB's official response:
    Cool, thanx for sharing. Now I don't need to contact them myself
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