Is a non-interest bearing account that is operated using a cheque Book. It can be operated by individuals as a personal account and by Limited Companies, Non Governmental Organisations, Community Based Organisations, Associations, Co-operative unions, Societies and Trusts as a Corporate Current Account. The Account can be opened in Uganda Shillings, US Dollars, British Pounds and Euros.

  1. Personal Current Account

    Features

    • Initial opening deposit UGX. 100,000/=
    • Minimum balance UGX. 10,000/=
    • Un-limited access to account

    Benefits

    • Unliminated access to account
    • Low minimum operating balance

    Account Opening requirements

    • Proper identification i.e. valid ID, Passport or driving license
    • Referee- known bank customer (Atleast 6 months with HFB)/letter from employer/Letter from Law firm/ LC 1 Letter
    • Initial opening deposit UGX. 100,000/=
    • 3 colour passport size photos
    • Fully completed Account opening form(s)
    • Utility bills/LC 1 Letter/ Physical visit with map drawn describing the residential address drawn by bank staff.

  2. Corporate Current Account

    Features & Benefits

    • Opening balance UGX. 100,000/=
    • Minimum balance UGX. 50,000/=
    • Unlimited access to account
    • Access to other Bank products

    Account Opening requirements

    1. Limited Liability Company

      • Proper identification i.e. valid ID, Passport or driving license for the signatories
      • Reference - known bank customer (Atleast 6 months with HFB)/ trading license or VAT certificate
      • Initial opening deposit UGX. 100,000
      • Fully completed Account opening form(s)
      • Certificate of Incorporation*
      • Memorandum & Articles of Association*
      • Particulars of Directors & Secretaries of the Company (Company form 7)
      • Board Resolution to open the A/C
      • Valid Trading License of the Company

      *All copies must be registered with the Registrar of Companies and certified as true copies of the respective originals.

    2. NGO/ CBO/ Associations/ Co-operative Union/ Societies/ Trusts

      • Fully completed Account opening form(s)
      • Certified copy of the registration Certificate
      • Letter to HFB requesting to open up an account.
      • Proper identification i.e. valid ID, Passport or driving license for the signatories
      • Reference in writing by two (2) account holders who have been with HFB for at least 12 months
      • Registered copy of the Constitution/Memorandum of Association
      • Initial opening deposit UGX. 100,000
      • Proper identification i.e. valid ID, Passport or driving license for the signatories
      • Minutes of the committee meeting authorizing the application for A/C Opening.

For further information, contact us or call +256-41-4259651/2.

Customer Care

+256-41-4259651/2+256-41-4341429