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Savings Account

  • Individual Savings Account
  • Corporate Savings Account

Individual Savings Account


Target Customers: Individuals of 18 years and above. This is the generic savings account designed to meet the needs of our retail end segment of the market.
The account provides the low income groups with affordable access to banking at the right prizing in a convenient manner.  

Features:

  • Open with any amount
  • No third party withdrawal. Account holder must be present for any withdrawal.
  • Draft issuance
  • Customers gets interest depending on what they have in account. The longer their savings, the more interest it yields
  • No Commission on Turnover (C.O.T) charges

Requirements:

  • Two (2) Passport photographs
  • Valid means of identification (ID) [Any of: voters card, National identification card; Driver's licence & International]
  • Utility bill
Open Savings Account Online Or Download Individual Savings Account form Or Visit our bank.

Corporate Savings Account


Target Customers: Individuals of 18 years and above (Religious Organization, Clubs, Schools,Company accounts, etc.).
This savings account is aimed to provide a single account for a group of individuals or organization who want to open and operate a single account.

Features:

  • Open with any amount
  • Consist of 2 to 3 signatories. Minimum signatory is 1 and maximum is 3
  • Third party withdrawal. Which means individual cannot make any withdrawal from the account without the other signatories to the account. All signatories must be present
  • Draft issuance
  • Customers gets interest depending on what they have in account. The longer their savings, the more interest it yields.

Requirements:

  • Two (2)Passport photographs from each of the signatories
  • Valid means of identification (ID) [Any of: voters card, National identification card; Driver's licence & International]
  • Utility bill
Note: Changing of signatories - members must agree and write a letter stating that all members have agree to change signatories. Outgoing signatories must sign and new persons to take over must also sign in agreement to change signatories. This letter will be sent to the bank for change of signatory update.
Open Savings Account Online Or Download Individual Savings Account form Or Visit our bank.
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