DESCRIBE the sales meeting that you had with the client. Specifically cover how you:

Presented the appropriate features, advantages and benefits of the products/services;

Thank you for considering our bank for your investment needs. We are happy to offer you a business term investment for your R50 000.00 you want to invest with us. You can Access your maney after 7 days notice, there are no risks, your h50000.00 and quoted return are gauranteed. Your maney's interest increase after 32 days and then again after bN days. Yau can reinvest your interest yau earn or transfer it to any other accant. Yaicon manage your maney on your bonking app and you can add maney any time you want to. The investment is free, there are no manthly fees and yau can set up regular transfers into your accaint with a Scheduled Transfer. Nominal interest rate (peram) on Yaur R50 000.00 over 12 manths is 7.45%. Nominal interest rates per annum is the annualised interestrate that you will earn daily and is capitalised manthly, this rate does not take into accant the compounding interest effect. Annual Effectives interest rate on your R50 000.00 over 12 manthe is 7.71%. Annual Effectives interest rate is an annualised interes rate that takes into accaunt the compounding interest effect for one Year assuming interest is not withdrawn. We can link the business term investment to your business accant. In addition, if you don't need your R50000.00 for 7 days up to 60 months, I can offer yau a Fixed Deposito investment. a Fixed deposit is on investment occant with a fixed term that typically gives a higher interest rate. Yai can choose the investment terms between 7 days and bo months, or choose your cun maturity date. It's also free, no monthly fees and there is no risks, yaur Rso00000 and quoted returns are 100% gaurenteed. Gau con also add money on the maturity. date, if you want to and you can manage the fixed deposit investment online on the bonking app. We canalso link the investment to your business accaunt and also access your interest during your investment term, reinvest it or transfer your interest to another accant. The minum opening deposito is R10000.00. If you are 55 and older, you get preferential rates on this investment Fixed deposit interest jates Nominal interest rate (peramum) for your R50000.00 over 12months is 8.25% and Annual effectives interest rate on R50000.00 over 12 manths 15 8.57\% Weunderstand that you (ms) want to save your money for at least a year, so I looked at investments that waild fit your needs the best. Please do not hesitate to contact us if you have any questions or concerns regarding the offer. Our team is always here to assist you and provide yau with the best financial solutions for yaur business. Thonk you for your time and consideration Kindly regards Objectives: Business wonts to invest Rso coo for at least a year.to earn some interest. Meeting attended by: Sweet 2 you want to invest R50 ooo of their maney by the bank to earn same interest. Also they have the money available and don't want to spend it. So it is best to put their money on a investment of a year. Cletion1: Business Term Investment the bank can offer them. Maximum nominal interest rate over 12 manths 7.65% minimum opening deposito of R20000. Access your maney after 7 days' notice. Increasing interest after 32 days, and again after by days. Reinvest or transfer yaur interest to onother accaint. Mlanage your accant online. No risk Yau original deposit and quoted returns are 100% ga guarantee Summative Assessment H The payments to third parties are allowed (based on availability of funds and notice period) Client can add money at any time electronically. I''s free, no monthly feeg and dient con set up regular transfers into your accaunt with a Scheduled Transfer Nominal rate per annum: This is the annualised interest rote? that you will earn claily and is capitalised manthly. This rate does not take into accaunt the companding interest effect. Annual Effective interest rate: Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn. Cotion 2: The bank can also offer a Fixed Deposit with maximum nominal interest rates over 60 months 9.809. Minimum ope-) ning deposito of Rio coo. An investment accaint with a fixed term, typically giving you a higher interest rate than investments availabie overnight or with notice. You can access your interest during your investment term manage your account anline. It's free, there are no manthly fees. Client can choose the investment term between 7 days and bo months, or chocse your own maturity date. Client can access their interest during your investment term. Gauranteed copital. No risk. Your orignal deposit and quoted returns are 100% ga guaranteed. Earn a Fixed interest rate. Additional money may be added at maturity. Get preferential rates on investm If you are 55 years and older. Reinvest or transfer your interest to another account Fixed Deposit Nominal interest Rate AmountRs00c0.00R10000-R249999.998.25%Period12months Annual Effective Rates Amount R50 000.00 R10000R249999998.5710 Period 12 months. Nominal rates per annum: This is the annualised interest rate that you will earn daily and is copitalised monthly. This rate does not take into account the compounding interost effect. Annual Effectives interestrate: Annualised interest rate that takes into account the compounding interest effect for one year assuming interest is not withdrawn. Results: Client will be investing with option 2 Fived Deposite Competitor and pricing information: Fixed Deposit is best for my client. She get more benefits and better interest rates. And the client wonts her money to be Fixed for a year so that she can't use that maney. Augusta du Ploay (4) 8811190063083 Summative Assesment 4 Client Feedback: The client is happy with her chorce and she understand that her money is goining to be fixed for a year. She also understand all the terms and canditions. follow Up Required: Yes Action Due date Responsible, 15/08/23 follow up with client