FNB CASH STASH ACCOUNT IS LAUNCHED FOR BUSINESSES

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  • greghsa
    Full Member

    • Aug 2010
    • 57

    #1

    [Article] 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.
  • Dave A
    Site Caretaker

    • May 2006
    • 22803

    #2
    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.
    Participation is voluntary.

    Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services

    Comment

    • SilverNodashi
      Platinum Member

      • May 2007
      • 1197

      #3
      does anyone know how to get this account?
      Get superfast South African Hosting at WebHostingZone

      Comment

      • Dave A
        Site Caretaker

        • May 2006
        • 22803

        #4
        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.
        Participation is voluntary.

        Alcocks Electrical Services | Alcocks Pest Control & Entomological Services | Alcocks Hygiene Services

        Comment

        • IanF
          Moderator

          • Dec 2007
          • 2680

          #5
          Originally posted by Dave A
          Seems it's automatic.
          I can't see it on my banking
          Greghsa must be privileged
          Only stress when you can change the outcome!

          Comment

          • greghsa
            Full Member

            • Aug 2010
            • 57

            #6
            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

            Comment

            • greghsa
              Full Member

              • Aug 2010
              • 57

              #7
              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

              Comment

              • IanF
                Moderator

                • Dec 2007
                • 2680

                #8
                Great marketing offer a product which doesn't exist
                Only stress when you can change the outcome!

                Comment

                • SilverNodashi
                  Platinum Member

                  • May 2007
                  • 1197

                  #9
                  Originally posted by greghsa
                  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

                  Comment

                  • Agconduks
                    New Member
                    • Jul 2018
                    • 1

                    #10
                    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?

                    Comment

                    • SilverNodashi
                      Platinum Member

                      • May 2007
                      • 1197

                      #11
                      Originally posted by Agconduks
                      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?
                      Have you looked to see if the money is there?
                      Get superfast South African Hosting at WebHostingZone

                      Comment

                      • tmonare0413@gmail.com
                        New Member
                        • Nov 2019
                        • 1

                        #12
                        Did you manage to access the funds eventually? The deposit to the cash stash account, did it reflect?

                        Comment

                        • ians
                          Diamond Member

                          • Apr 2010
                          • 3943

                          #13
                          I assume you all bank with FNB ... i want to move from Standard bank ...good idea to move to FNB ?
                          Comments are based on opinion...not always facts....that's why people use an alias.

                          Comment

                          • Blurock
                            Diamond Member

                            • May 2010
                            • 4203

                            #14
                            Yes, good service and online tech. You can even register a new business and open an account for it at the same time, including a tax reference number with SARS. Without leaving your office!
                            Excellence is not a skill; its an attitude...

                            Comment

                            • ians
                              Diamond Member

                              • Apr 2010
                              • 3943

                              #15
                              Originally posted by ians
                              I assume you all bank with FNB ... i want to move from Standard bank ...good idea to move to FNB ?
                              I get 2 messages from FNB

                              +27 83921001279 offering me R2000 cash to switch from Standard bank to switch to an FNB premier account.

                              and +27 839300413 with a link to open a premier cheque account.

                              Go figue ...i have no address ...no cellphone number or anything linked to my profile... either Dave sold my details to FNB or we are a lot more naive to our social media privacy than we aware.

                              You wonder why every app has an new update which include User agreement and privacy policy

                              Did you know that every single person in China is accounted for on CCTV ...you cannot move around in china without being monitored via CCTV ...I was watching a Dahua presentation ...showing how as you step off the plane a pic of you is loaded and stored on the system... they want to find you ...they load your pic and within i think it took less than 10 min for the police to track the person and apprehend him... you cover your face... wear a cap automatically you become a POI.


                              now think about this... everyone is installing cctv everywhere ...all the apps which control every single camera sold from... Yip ...China.
                              Comments are based on opinion...not always facts....that's why people use an alias.

                              Comment

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