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

5.1 Engaged with social rituals

Thank you for considering our bank for your investment needs. We are happy to offer you a business term investment for your Rso 000.00 you want to invest with us. You can Access your money 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 b4 days. Yau can reinvest your interest yau earn or transfer it to any other accaint. Yai can manage your money on your bonking app and you can add money any time you want to. The investment is free, there are no manthly fees and you can set up regular transfers into your accaunt with a Scheduled Transfer. Nominal interest rate (peram) on Yair R50 000.00 over 12 manths is 7.45%. Nominal interest rates per annum is the annualised interest rate that you will earn daily and is capitalised manthly, this rate daes not Eake into accant the compounding interest effect. Annual Effectives interest rate on your R50000.00 over 12 months is 7.71%. Annual Effectives interest rate is an annualised interest rate that takes into accaunt the compounding interest effect for one Year assuming interest is not withdrawn.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 accaint. In addition, if you don't need your R50 000.00 for 7 days up to 60 months, I can offer you a Fixed Deposito investment. a Fixed deposit is on investment occant with a fixed term that typically gives a higher interest rate Yar con choose the investment terms between 7 days and bo months, or choose your oun maturity date. It's also free, no monthly fees and there is no risks, your R50000co and quoted returns ore 1009. gaurenteed Yar con also add money on the maturity cate, if you want to and you can manage the fixed deposit investment online on the bonking opp. Wle can also link the investment to your business accant and also access your interest during your investment term, renvest it or tronsfer your interest to another accant. The minum opening deposito is R10 000.00. If you are 55 and older, you get preferential rates on this investment Fixed deposit interest jates Nominal interest rate (peramum) for yair Rsocoo.co over 12 montts is 8.25% and Annual effectives interest rate on R50000.00 over 12 manths is 8.57% We understand that you (ms) want to save your money for at least a year, 50 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 teamis always here to assist you and provide you with the best financial solutions for your 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 Rso oco of their money by the bank to earn some 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. chtion 1: 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 64 days. Reinvest or transfer your interest to onother accant. Mlanage your accaint mline. No risk Yaur originial deposit and quoted returns are 100% ga guaranteed Summative Assessment 4 The payments to third parties are allowed (based on availability of funds and notice period) Client can add maney at any time electronically. It's free, no manthly 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 daily and is capitalised manthly. This rate does not take into accant the companding interest effect. Ammual Effective interest rate: Ammualised interest rate that takes into accant the compainding interest effect for one year assuming interest is not withdrawn. Qption: The bank can also offer a Fixed Deposit with maximum nominal interest rates over 60 months 9.8090 . Minimum ope--) ning deposito of R10 coo. An investment account 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 accaunt 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 occess their interest during your investment term. Gauranteed capital. No risk. Your orignal deposit and quoted returns are 100% ga guaranteed Earn a fixed interest rate. Additional maney may be added at maturity. Get preferential rates on investm if you are 55 years and older. Reinvest or transfer your interest to another accaint Fixed Deposit Nominal interest Rate Annual Effective Rates Nominal rates perannum: This is the annualised interest rate that you will earn daily and is copitalised monthly. This rate does not take into account the compounding interest effect. Annual Effectives interestrate: Annualised in terest 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 Depasit is best for my client. She get more benefits and better interest rates. And the client wonts her maney to be Fixed for a year so that she can't use that maney. Client Feedback: The client is hoppy with her chorce and she understand that her money is goining to be fixed for a year. She also understand all the lerms and conditions