Opening an Investec Corporate Cash Manager account
Our Investec Corporate Cash Manager (CCM) service enables you to open bank accounts with a custom electronic account number, allowing you to make electronic payments, deposits and extract individual statements. We are also able to open bank accounts for non-residents in the UK.
As an authorised agent, we offer you access to intermediaries – like attorneys, accountants and Independent Financial Advisers (IFAs) – who can manage your funds' access to the Investec CCM system. This is a competitive and efficient money management system that benefits both the intermediaries and their clients.
We administer the funds, invested with Investec CCM, through an administrator system situated in our Cape Town office. The system provides a savings account with a high interest rate with all the functionality and convenience of a current account.
You can choose an account to suit your needs, from call accounts to notice deposits and money market linked accounts.
This facility offers the following benefits to clients:
- Attractive money market interest rates
- Capital market services: Competitive rates for foreign currency transfers
- Rates determined by the total holdings of our client base
- No bank charges other than our administration fee
- Simple statements reflecting all transactions and interest earned
- Beneficiary payments made directly from the account
- Set up of recurring payments
- No minimum or maximum balances
- Statements emailed directly to you on request
- Earn either compounding or monthly interest