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The benefits of remaining a shareholder are endless. The longer you invest, the more chance you have of growing your shares and reaping the rewards of your investments.

To qualify for the benefits of Nedbank’s Eyethu Share Ownership Plan you must maintain a qualifying account through which two transactions a month must be processed, of which at least one must be a deposit/credit for the term of the Eyethu Share Ownership Plan.

A qualifying account can be any one of the following Nedbank accounts:
  • a savings account
  • a current account
  • a transmission account; or
  • a Mzansi account
The qualifying account must be in your own name and the transactional activities can be a combination of cash withdrawals, stop orders, debit orders, internet transfers and debit card or cheque transactions.

Failing to maintain a qualifying account could lead to your losing out on bonus shares and capital protection. Bank charges, interest and VAT are not regarded as transactions for the Eyethu Share Ownership Plan.

Remain part of the Eyethu Share Ownership Plan and continue to enjoy your share of the wealth.

Rule Amendment notification sent to participants

Summary of Revised Scheme Rules
Directors 





 
    
Nedbank Ltd Reg No 1951/000009/06. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider.
We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16).
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