Savings Account

Deposit account designed for regular savers. Cash withdrawals are made over the counter and by the use of the ATM/CenteCard.

Main Features:

• Opening balance of only UShs. 10,000/=.
• Monthly levy of UShs. 1,500/= as account management fee.
• Minimum balance is UShs. 5,000/=
• Cash withdrawals personally made to the account by holders i.e. no third parties are allowed to transact on account.
• ATM card (CenteCard) issued to account holders.
• Cash deposit books issued to account holders.
• Daily balances and mini-statements available on request.

Basic Requirements:

• 2 passport size photos.
• Valid identification documents.
• Letter of introduction from either employer or local authorities
• Initial deposit of UShs 10,000/=
• Referee who is an account holder

Benefits:

• Account earns interest on outstanding credit balances.
• Unrestricted Cash and Cheque deposits.
• 24–Hour service available to CenteCard holders.
• Unrestricted cash withdrawals within the minimum balance.
• Access to a variety of bank products e.g. SMS banking, loans, POS.
• Minor and Joint savings account are allowed