 |
|
|
|
|
|
|
|
|
|
||||||||
|
||||||||
 |
|
|||||||
 |
 |
|
||||||
 |
Personal Banking
|
 |
|
|||||
 |
This is a deposit account that enables you to save some money and earn interest as well. The more you save, the higher the amount of interest you earn.
Main features
1. An interest-bearing account operated by use of a savings card. 2. Access to funds through a Sesame ATM Card. 3. Interest is calculated and paid monthly less 15% withholding tax. 4. When the account falls below minimum balance, a charge is applied and interest is forfeited. 5. Quarterly Bank statements available. 6. Unrestricted cash withdrawals within the customer’s balance. 7. Withdrawals over the counter using the Savings card.
Key Benefits
• Competitive Interest rates • Funds in the account may be used to secure loans and overdrafts • Facilitation of joint operation through joint account. • Ease of cash withdrawals through ATM • Flexibility of payments through standing order arrangements and Electronic transfers. • Ease of receiving payments through the account e.g. salary, Electronic transfers.
Account requirements
• 2 Passport Size photos • 1 referee of high repute in society, or the bank’s a/c holder • Proper documentary identification ( I.D, Passport, Driving license, NSSF card ) • Initial Deposit - Ugx 50,000 • Savings Card - Ugx 2,000 • Minimum Balance - Ugx 50,000 |
 |
|
|||||
 |
|
|||||||
Commercial Banking
Complementary Services |
|
|||||||
 |
|
|||||||
 |
|
|
||||||
 |
|
|||||||
 |
|
|||||||
All Rights Reserved. BANK OF AFRICA - UGANDA Ltd |
 |
|
||||||
 |
|
|||||||