KK
Keemenao K

1 reviews | Active since Sept 2018

26 Apr 2024, 19:53

Concerned potential client

I have just compared the investment products available in the market, and RSA bond came out very lucrative, until I came to hello Peter.

One wonders if their funds will be safe and available at maturity. What are measures put in place to avoid all the frustrations that clients have to go through during the investment withdrawals??

0
Replies (1)
RSA Retail Savings Bonds
RSA Retail Savings Bonds's reply16 May 2024, 11:36
Official
Good day
Thank you for your review.
Please note that your investment and interest is guaranteed as per the terms and conditions 
A redemption notice is send six weeks before maturity date, reminding the investor about the investment due for payment. 
Attached to the redemption notice is a roll over option form. Should the investor wish to reinvest / roll over the investment for another term, they are required to complete and return the roll over form. 
Should this office not receive an instruction at least 2 weeks before maturity date, the investment plus interest due will be paid into the investor's bank account automatically.
Trust that the above addressed your concerns.
Regards
Janet Brewis
RSA Retail Savings Bonds