Features:

• Opening bal. UGX 30,000/=, USD/EUR/GBP 50
• bal. of UGX 20,000, USD/EUR/GBP 30
• Interest of 3% per annum for UGX and 0.5% per annum for USD, accrued on daily basis and paid quarterly
• No a/c maintenance fee
• Charge for extra withdraws of 10,000/=, USD/EUR/GBP10.
• Access to a savings box (optional and at a fee to customers)
• Option of a Prepaid MasterCard

Benefits:

• Ability to save for children’s education
• Attractive interest rates
• Access to a savings box
• 1 free withdraw per quarter
• Life insurance cover of up to 4 times your account balance
• Permanent disability cover of up to 2 times your account balance
• Retrenchment payment cover not exceeding the average monthly savings for the previous 6 months paid for a maximum of 3 months
• Medical cash benefits of UGX 50,000 per day for 14 days in case of hospitalisation
• Last expense cover

Fees and Charges:

• No a/c maintenance fee
• Charge of UGX 10,000, USD 10, GBP 10 and EUR 10 for extra withdraws in the quarter

Requirements:

• Birth certificate/Immunization card/ baptism card.
• Valid Identification for parent /guardian
• 2 passport size photos for parent/guardian and 2 for the child.

Requirements For Non-biological Child:

• Guardianship order where available
• The parent should come to the Bank and write a letter authorising the guardian to open the Toto’s account.
• In case the parents are deceased, the copy of letters of administration and/ or death certificate should be obtained.
• In the absence of all the above, the guardian should provide a letter signed by the local authority/leader e.g. Church, CAO etc. that is verifiable by call back.