Savings Accounts

Is an account that enables you to save money regularly and allows you instant cash withdrawals without notice or charge.

Our varieties of Savings Accounts include:

Normal Saving Account:

An account that enables you to save money regularly and allows you instant cash withdrawals without notice or charge.

Product features

    Opening balance of XAF 50.000

    Minimum operating balance of XAF 25.000

    Interest at normal savings rate calculated daily on account closing balance and paid yearly.

Benefits

Allows direct deposits and cash transfer from your current account into your savings account.

Allows network transactions from any of our branches nationwide and without notice.

Yearly interest payment on savings account balance.

 May serve as collateral for consumer loans

Eligibility

   Individuals

    Groups and Associations

    Churches

     Non Governmental Organizations – NGOs

    Employee of various establishments – Government, blue chip companies, embassies, SMEs etc

Documents

Valid means of Identification:

   National Identity Cards

    International Passport

    Address Verification

    Receipt/evidence of utility bill e.g. water, electricity, etc

    Alternative of utility bill can be a localization plan

    4 passport size photographs

    Initial deposit of at least XAF 50.000