Features:

• Opening balance of UGX 30,000/USD/EUR/GBP 50
• Minimum balance of UGX 20,000/USD/EUR/GBP 30
• No account maintenance charges
• 1 free withdraw per quarter
• Interest bearing account
• Access to insurance benefits
  • 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 in case of hospitalization
  • Last funeral expense cover

Benefits:

• Ability to save for children’s education
• Attractive interest rates
• Access to insurance benefits like Feesecure (death/permanent disability), retrenchment, medical cash benefit, funeral benefit, dental benefit, scholastic material

Requirements:

• Birth certificate/Immunization card/ baptism card
• Valid National ID 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