How Prepaid Funds Work In Your Access Bond

Many people believe that putting all of their “spare cash” into their access bond is a smart thing to do. Depending on how your access bond is structured, you might not be able to withdraw all of your prepaid funds.
Every bank has a different approach, and you need to understand how your specific access bond facility works. In this video I explain the options offered by different banks in South Africa.
#homeloan #accesbond #financialeducation #banking
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[@jeanettemashabane9246]

Thanks Maya

[@thandonombona3555]

You know your stuff

[@juanpinto3323]

Thanks for the info

[@sagrenreddy]

Magic as always. Thank you, Maya

[@mayaonmoney4043]

Thank you for your feedback.

[@jamesblack7922]

Thanks for the video! Do you know if the UK offers anything like an access bond for their mortgages?

[@siven283]

Thanks. Are we been being ripped off again?

[@ErikThiart]

What is the best option?
Standard Bank Option 1 even if you don’t notify them, still sound like the best option?

[@mayaonmoney4043]

that gives you the most flexibility