Cente Current Accounts
Product Features
- Opening deposit of UShs.100,000 for individuals and UShs.3,000.000 for platinum customers
- Minimum account balance is UShs.10, 000 for individuals & UShs.300,000 for platinum customers.
- This account attracts ledger fees
- Cash withdrawal done by using cheques signed by account owner or appointed agents Cheque book and CenteVisa Card issued on request Regular monthly statements issued to account holder.
Benefits
- Unrestricted cash and cheque deposits and withdrawals
- Access to a variety of the bank’s credit products
- Access to money transfers, CenteMobile and Internet Banking services.
- Daily balances and mini-statements available on request
- Can be held both in local and foreign currencies
- Authority to operate the account can be delegated to third parties
- Account can be operated as a joint current account Provides instant transaction alerts
Requirements
The requirements for opening a current account depends on the legal status of the prospective customer, varying as to whether it is an individual, sole proprietor, company, partnership, club, association, cooperative union or society as per details below;
Personal:
- Two (2) passport size photos
- A mandatory opening cash deposit of Ushs.100, 000.
- One (1) Referee (who is either a Centenary Bank customer, employer, lawyer/advocate, clergy man, doctor, headmaster or any other acceptable local authority)
-
Valid identification document including the following:
- Valid National Identity Card for Ugandans
- Passport for foreigners (Non-Ugandans).
- Refugee Identity Card for Refugees.
- A mandatory opening cash deposit of Ushs.100, 000.
- One (1) Referee (who is either a Centenary Bank customer, employer, lawyer/advocate, clergy man, doctor, headmaster or any other acceptable local authority)
Sole Proprietorship:
- Two (2) passport size photos
- Valid identification documents (either copy of a national ID card, employer, voters’ card, driving permit or passport)
- Opening cash deposit of Ushs.300, 000.
- Certified copy of certificate of registration
- Copy of trading license
- Certified copy of statement of particulars
- Two (2) Referees- anyone who is either a customer of Centenary Bank, lawyer/advocate, clergy man, doctor, headmaster or any other acceptable and reputable personality
Companies
- Two (2) passport size photos
-
Valid identification document including the following:
- Valid National Identity Card for Ugandans
- Passport for foreigners (Non-Ugandans).
- Refugee Identity Card for Refugees.
- A mandatory opening cash deposit of Ushs.100, 000.
- One (1) Referee (who is either a Centenary Bank customer, employer, lawyer/advocate, clergy man, doctor, headmaster or any other acceptable local authority)
Benefits
- No cash handling risks
- Instant transactions
- Can send to or receive from anywhere in Uganda, as long as there is Airtel phone network
- Customer can deposit his/her mobile money on the bank account