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Personal Banking
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Make your money work for you, with our fixed deposit account. This is a high interest earning account that is opened for a specific period of time at a fixed rate of interest. The account is available to individuals and organisations in local and foreign currencies, and for various periods.
Main features
• Account is available in US Dollars, GB Pounds and Euro. • For Uganda shilling accounts, a minimum deposit of UGX 1,000,000 (Uganda Shillings One million only) • Funds can be fixed on the account for term periods of 3, 6 or 12 months. • Withdrawal of funds before the maturity date results in forfeiture of interest earned.
Key Benefits
• Fixed interest rate: Interest is fixed for the term of the deposit. When you make the deposit we will inform you of the ..precise amount of interest you will receive on maturity. • Interest is paid on maturity: The interest paid provides a source for extra income. • Choice of currency: The account is available in Uganda Shillings, Euro, US dollars and GB Pounds. • Choice of deposit length: You can select the length of your fixed deposit account. • No bank fees. There are no charges on the account. • Funds in your fixed deposit account can be used to secure loans and overdrafts. • Funds may be budgeted for future use. |
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Commercial Banking
Complementary Services |
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All Rights Reserved. BANK OF AFRICA - UGANDA Ltd |
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