CenteXpress Account
Product Features
- Denominated in Uganda Shillings.
- Opening balance of UGX 3,000.
- Minimum balance UGX 2,000.
- Maximum amount per transaction is UGX 500,000.
- Daily withdrawal limit of UGX 2,000,000 across all channels.
- Interest of 3% per annum, payable on minimum balances maintained on the account to be paid quarterly.
- No monthly Ledger fees.
- No ATM card issued.
- Permits deposits by way of cash, digital transfer, cheques and any acceptable means of deposit.
Benefits
- Convenient – No need to go to the branch to open the account.
- Very affordable account to open and operate.
- Account earns interest on outstanding credit balance.
- No ledger fees, maintenance fees or other monthly charges.
- Free and automatic enrolment on CenteMobile and Agent banking.
- Instant alerts for transactions.
- No paperwork required during the account opening process
Requirements
- Possess a Valid & original National ID.
- Possess an active SIM card registered in the holder’s name.
- Possess a mobile phone.
How To Open A Centexpress Account Using The Centemobile App:
- Existing customer receives a request to open CenteXpress account from a client.
- Existing customer validates mobile number registration status of prospecting client using *197# for MTN or *216# for Airtel.
- Existing customer confirms that the client has the required account opening deposit which is UGX 3,000
- Existing customer logs into the CenteMobile App.
- Select CenteXpress Account Opening on the menu.
- Existing customer then starts capturing KYC in digital form using the steps below.