Classic Savings Accounts

Our Classic Savings account is a transactional account targeting self-employed individuals. The account gives the customer the benefit ofunrestricted withdrawals and deposits at minimal charges and can be operated both at the counter and on the digital channels.

Features:

  • Opening balance of UGX 20,000, USD 30, Euro 30, GBP 30
  • Minimum balance of UGX 10,000; USD 10, Euro 10, GBP 10
  • Monthly management fees of UGX 2,500; USD 3, Euro 3, GBP 3
  • Over the counter withdraw charges – UGX 2,000; USD 2, Euro 2, GBP 2
  • Free sign up on internet and mobile banking
  • Option of a standard or prepaid MasterCard

Benefits:

  • Low opening and minimum balance
  • option of operating account in forex
  • Convenience of operating account through the digital channels.
  • Access to mobile banking
  • Free enrollment on Internet banking
  • Access to MasterCard.

Fees and Charges

  • Monthly management fees of UGX 2,500; USD 3, Euro 3, GBP 3
  • Over the counter withdraw charges – UGX 2,000; USD 2, Euro 2, GBP 2

Requirements:

  • Proper identification i.e. valid ID, passport or driving license
  • Referee –known bank customer (with at least 6 months with housing finance Bank/letter from employer/letter from law firm/LC 1 letter.
  • 2 coloured passport size photos.
  • If a valid national ID, Passport or Driving Permit is used, then a referee is not required.

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