Page 1 of 2 12 LastLast
Results 1 to 10 of 15

Thread: FNB CASH STASH ACCOUNT IS LAUNCHED FOR BUSINESSES

  1. #1
    Full Member greghsa's Avatar
    Join Date
    Aug 2010
    Location
    Johannesburg
    Posts
    57
    Thanks
    19
    Thanked 13 Times in 11 Posts

    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.

  2. #2
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,648
    Thanks
    3,304
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12
    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.

  3. #3
    Platinum Member SilverNodashi's Avatar
    Join Date
    May 2007
    Location
    Johannesburg, South Africa
    Posts
    1,197
    Thanks
    12
    Thanked 188 Times in 136 Posts
    does anyone know how to get this account?
    Get superfast South African Hosting at WebHostingZone

  4. #4
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,648
    Thanks
    3,304
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12
    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.

  5. #5
    Moderator IanF's Avatar
    Join Date
    Dec 2007
    Location
    Jhb
    Posts
    2,679
    Thanks
    197
    Thanked 529 Times in 405 Posts
    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!

  6. #6
    Full Member greghsa's Avatar
    Join Date
    Aug 2010
    Location
    Johannesburg
    Posts
    57
    Thanks
    19
    Thanked 13 Times in 11 Posts

    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

  7. #7
    Full Member greghsa's Avatar
    Join Date
    Aug 2010
    Location
    Johannesburg
    Posts
    57
    Thanks
    19
    Thanked 13 Times in 11 Posts

    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

  8. Thanks given for this post:

    AndyD (29-Nov-10)

  9. #8
    Moderator IanF's Avatar
    Join Date
    Dec 2007
    Location
    Jhb
    Posts
    2,679
    Thanks
    197
    Thanked 529 Times in 405 Posts
    Great marketing offer a product which doesn't exist
    Only stress when you can change the outcome!

  10. #9
    Platinum Member SilverNodashi's Avatar
    Join Date
    May 2007
    Location
    Johannesburg, South Africa
    Posts
    1,197
    Thanks
    12
    Thanked 188 Times in 136 Posts
    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
    Get superfast South African Hosting at WebHostingZone

  11. #10
    New Member
    Join Date
    Jul 2018
    Location
    Port Elizabeth
    Posts
    1
    Thanks
    0
    Thanked 0 Times in 0 Posts
    I have a question, I mistakenly gave someone my cash stash account number instead of my business account number. And they already made a deposit into the account I gave them. Will I be able to access the money or?

Page 1 of 2 12 LastLast

Similar Threads

  1. how do you deal with a business loan from the owner(s)?
    By SilverNodashi in forum Accounting Forum
    Replies: 16
    Last Post: 28-Mar-11, 01:39 PM
  2. HOW TO HACK ANY LIBERTYRESERVE ACCOUNT
    By seniorboy in forum Scam Alert Forum
    Replies: 19
    Last Post: 21-Dec-09, 09:56 AM
  3. Unconventional Budgeting and Cash Flow Forecasting
    By sgafc in forum Business Finance Forum
    Replies: 0
    Last Post: 18-Jun-09, 02:54 PM
  4. Account payment scam
    By Dave A in forum Scam Alert Forum
    Replies: 8
    Last Post: 08-Oct-08, 01:30 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •