Information on Withdrawals and Savings

Can I withdraw from my savings?

If you have a loan, requests for share withdrawals from your main account have to go before Credit Control Committee who then make a recommendation to Board.

This is for a number of reasons:

  • Savings are security on your loan
  • Your savings are insured in the event of your death
  • Good savings are important if you need to increase your loan

Sub Accounts

What About Withdrawals from My Sub Account?

You withdraw whenever you want from your sub account – that’s why it’s perfect if you want to save a bit for those special occasions or even a rainy day!

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