Gold Account

The Gold Account is a savings account suitable for both individual and institutional savers who would like to retain access to their money and achieve growth on their savings account.
How it works:

  • A Gold Account may be opened with a minimum deposit of E1,000. Additional deposits of any amount may be made over the counter at any branch or through stop order or by stop order or digital transfares
  • Monthly interest may either be capitalized, used towards reduction of an outstanding loan or directed towards an alternative account. Capitalizing your interest is encouraged in order for you to benefit from the compounding effect.
  • Interest is paid monthly based on daily balance.

  • Interest
    • Interest is paid monthly.
    • The interest is variable according to the sum invested and the period of investment.
    • Monthly interest may be either capitalized , used to reduce outstanding loan or directed towards an alternative account within SBS
    • Capitalizing your interest has a compounding effect

Benefits
  • Access to your money 24/7
  • ATM services
  • Mobile and internet services
  • Litsemba Group Funeral Cover
  • The first two transactions are free when withdrawing from inside SBS
  • Affordable initial minimum deposit
  • SMS notification to keep you updated on all account activity

To open account )
  • E1,000.00 minimum deposit
  • Certified copy of Swazi ID
  • Proof of residence (Utility Bill, water bill, electricity bill, rates bill and lease agreement not older than 3 months)
  • Proof of income not older than 3 months

Ordinary Savings

It is a deposit account suitable for individuals who would like to have unlimited access to their finances.

How it works
The minimum initial deposit for non interest bearing is E100.00 and E300.00 for interest bearing account.

Interest
Interest is payed out annually at the end of June. This only applies to customers who have deposited a minimum of E300.00

Benefits

  • Access to your money 24/7
  • ATM services
  • Mobile and internet services
  • Litsemba Group Funeral Cover
  • Affordable initial minimum deposit
  • SMS notification to keep you updated on all account activity

To open account
  • Certified copy of Swazi ID
  • Proof of residence (Utility Bill, water bill, electricity bill, rates bill and lease agreement not older than 3 months)
  • Proof of income not older than 3 months

Special Savings Account

Special Savings
It is a savings account suitable for individuals and institutional savers who would like to retain access to their money and still earn good return

How it Works
A Special Savings Account may be opened with a minimum deposit of E500. Additional deposits can be made over the counter at any of our branches, through stop order or digitally

Interest
Interest is paid monthly .

Benefits

  • Access to your money 24/7
  • ATM services
  • Mobile and internet services
  • Litsemba Group Funeral Cover
  • The first two transactions are free when withdrawing from inside SBS
  • Affordable initial minimum deposit
  • SMS notification to keep you updated on all account activity

To open account
  • E500.00 minimum deposit
  • Certified copy of Swazi ID
  • Proof of residence (Utility Bill, water bill, electricity bill, rates bill and lease agreement not older than 3 months)
  • Proof of income not older than 3 months

Sipatji Account

It is a savings transnational account that allows you to unlimited access to your funds. It caters for individuals within all income groups.

    How it Works
    Holders of Sipatji account that have received at least 6 months' salary or pension payment qualify for an overdraft (loan). Sipatji account allows non salaried individuals to open it as a savings account

    Benefits
  • Personal finance (loan of up to E350 000.00). Flexible repayment term up to 60 months at competitive interest rates
  • Access to Mobile and Internet services
  • Access to Litsemba Group Funeral Cover
  • Access to your money 24/7
  • ATM services
  • Mobile and internet services
  • Affordable initial minimum deposit
  • SMS notification to keep you updated on all account activity


To open account
  • E50.00 minimum deposit
  • Certified copy of Swazi ID
  • Proof of residence (Utility Bill, water bill, electricity bill, rates bill and lease agreement not older than 3 months)
  • Proof of income not older than 3 months
Savings for Kids

Children between the ages of 1 month to 16 years
The Account
Opening balance is E50.00. This account was designed to teach your child to learn savings culture at an early age. To create awareness while empowering your child, you are encouraged to always share accounts and transactional information with the child.
Interest
Interest is paid monthly.
Benefits

  • Less fees and charges
  • Child financial literacy
  • Building confidence among children
To open account
  • E50.00 minimum deposit
  • Certified copy of Swazi ID and child's birth certificate
  • Proof of residence (Utility Bill, water bill, electricity bill, rates bill and lease agreement not older than 3 months)
  • Proof of income not older than 3 months

Likwindla Savings

It is for groups of individuals desiring to save as groups/cooperatives and earn good interest. Amounts contracted for saving are deducted and remitted by employer. This is the best method used by employers to instill the culture of saving upon employees. It is good for annual saving plan.
Minimum required deposit E100

Swaziland Building Society