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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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