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Business Transaction account |
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Business Transaction Account
Main Features
- Initial deposit of UGX 50,000/=
- Minimum operating Balance of 50,000/=
- Unlimited withdrawal
- Very low transaction charges
- Interest earned on balances above 500,000/=
- Deposit booklets available on request at 3,000/= each
- In-House Vouchers Available
Benefits
- Free deposits
- Unlimited access to funds
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Interest for deposits above above 500,000/=
- Instant money transfers to and from any account both locally and internationally
- Can transact from our branches country wide at no extra cost
- Loans
- Affordable account transfers locally and internationally
Basic Requirements
- proper documentary identification of the company (Memorandum & articles of the Association, Company Form 7) All these must fully certified by Registra of Companies
- 4 Passport size photos for each signatory
- Signing Mandate
- Particulars of Directors including their Identity Cards or Passports.
- Letters of recommendation to open up the Account in PostBank from Employers or L.Cs
- Initial Deposit of 50,000/=
- Valid Mailing/Physical Address
- For Sole Proprietors,statements of particulars are required
- A certificate of registration fully certified
- A Certified Minutes/resolutions dully certified
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