Society account
This account is ideal for Savings & Credit Cooperatives (SACCOs), Investment clubs, Formal & informal groups. It is designed to support your group in turning your dreams into reality through savings and investment
Some of the benefits
Affordable
No monthly management fees
Value
1 Free cash withdrawal a month
Automated
Automated member collections and reconciliations
Support
24-hour support through our Enterprise Direct Centre.
What you get
- No monthly management fees
- 1 Free cash withdrawal a month
- Free Online Banking
- Tiered interest paid on balances above UGX 10 Million
- Automated member collections and reconciliations
- Financial literacy sessions
What it costs
- No monthly charges
- Opening deposit starting at UGX 50,000
- Minimum monthly account balance of UGX 50,000
- Minimum Breach fee of UGX 10,000
- View full pricing guide for all rates and fees
What you need
- Society Constitution
- Meeting minutes or board resolution authorising to open account
- Proof of the SACCO/ Investment Club/ Group permanent address
- Proof of address of Signatories
- Identification of signatories
- Two passport photos of the signatories
How to get it
- Contact our Enterprise Direct centre on 0312226600 or via email on [email protected]
- Visit a Business Banker at your nearest branch.
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What you get
-
What it costs
-
What you need
-
How to get it
- No monthly management fees
- 1 Free cash withdrawal a month
- Free Online Banking
- Tiered interest paid on balances above UGX 10 Million
- Automated member collections and reconciliations
- Financial literacy sessions
- No monthly charges
- Opening deposit starting at UGX 50,000
- Minimum monthly account balance of UGX 50,000
- Minimum Breach fee of UGX 10,000
- View full pricing guide for all rates and fees
- Society Constitution
- Meeting minutes or board resolution authorising to open account
- Proof of the SACCO/ Investment Club/ Group permanent address
- Proof of address of Signatories
- Identification of signatories
- Two passport photos of the signatories
- Contact our Enterprise Direct centre on 0312226600 or via email on [email protected]
- Visit a Business Banker at your nearest branch.
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