Savings Club Account

An excellent account for persons investing for the first time with small amounts.

FEATURES

  • Minimum opening amount – J$5,000.00
  • Minimum monthly contribution – J$2,000.00
  • Interest is compounded
  • Underlying securities – Government of Jamaica (GOJ) instruments.

TERMS AND CONDITIONS

  • Add to your account at any time through salary deduction, standing order or your own cheque. Contributions can also be made at any branch of Royal Bank of Canada (RBC).
  • Statement Frequency: Quarterly
Recommended that funds are invested for a minimum of  1 year.