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
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!