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 Current Account:
These accounts, also known as checking accounts, are maintained by a customers who want access to their account and can withdraw at any time without restrictions during banking hours.
Withdraws can be made by means of cheques or as per standing instructions. Under Current Accounts we have the following alternatives;
Company Account
Partnership Account
Sole Proprietorship Accounts
Joint Accounts
School/Church/Medical/club/Association Accounts
Administrators Accounts.
Features:
Cheque book operated
Regular Statements
ATM access.
Benefits:
Earn interest on your super current account!
Access to low interest loans!
Access to overdrafts.
24 Hour access your account in over 50 Bankom Networked ATMs.
No minimum balance
Requirements for opening up an account:
2 recent passport size photographs
Valid identification documents
Referees who have an account with us
Initial deposit. Uganda Safari |
 Fixed Deposit Accounts:
With a Fixed Deposit Account you can earn a greater return on your money than with a savings account. Our Fixed Deposit Accounts offer you flexibility at very competitive rates of interest. The maturity date can be fixed for a period of one month to years on end.
Features:
Current account
Fixed interest paid at maturity
No withdraws in contracted period.
Benefits:
High liquidity on investment.
Maximises earning potential of idle funds.
Access to credit against the fixed deposit. |
 Savings Account:
These are maintained to grow money slowly over a period of time. There is a minimum balance to be maintained so as to earn interest usually on a yearly basis.
Features:
Passbook operated
Earn interest on credit balance annually
Benefits:
No restriction on number of withdraws!
Earns competitive interest!
No monthly charges!
Low minimum balance.
24 Hour access your account in over 50 Bankom Networked ATMs.
Requirements for opening up an account:
3 recent passport size photographs
Valid identification documents
Referees who have an account with us
Initial deposit.
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