Our unique cash management product, Premium Investment Account (PIA) provides you with a better way to invest day-to-day excess balances. This is done by automatic daily sweeps of balances above a set threshold to a liquid, interest bearing account where the interest payable is linked to a clearly defined, published indicator viz., the Treasury Bill rate. The PIA operates a tiered structure thereby offering rates proportional to the value of your balance.

Features and Benefits

Interest calculated on daily balances:

• Optimise return on Operating Surplus
• Avoid Maturity Mismatches
• Maximise liquidity

Market driven, published Reference Rate used to define interest rate on PIA:

• You can earn transparent market driven rates without having to move funds between Current Account and Money Market Deposits
• Enhances your ability to make informed investment decisions
• Ability to forecast approximate spread/return on operating surplus

Tiered Rate Structure:

• Provides preferential rates on higher balances