Explore endless possibilities with our Current Account. Enjoy convenient baking locally and globally for your business with our Current Account.
Benefits
Unlimited cash and cheque deposits and withdrawals
Access to a variety of the bank’s credit products
Authority to operate the account can be delegated to third parties.
Cheque Book.
Counter cheque leaves available.
1 free monthly statement.
Access to online funds transfers and Internet Banking services.
Daily balances and mini-statements available on request
Requirements
PERSONAL AND SALARY CURRENT ACCOUNT
Valid National ID
Opening balance of UGX 50,000
2 passport size photos
Completed account opening form
BUSINESS CURRENT ACCOUNT
Valid National ID for each of the individual directors, shareholders, senior management OR other persons authorized to transact, control, or manage the company
A certified copy of the certificate of incorporation.
A certified copy of the Memorandum and Articles of Association.
A certified copy of company forms 20 – Details of directors and the secretary.
A certified copy of company forms 18 – Business address.
A written application from a Board member to open an account with Post Bank.
A certified Board resolution to open an account with Postbank Uganda, indicating the account operating mandate/instructions. The resolution should indicate the full names of the individual(s) nominated/appointed as account signatories.
A copy of the business trading license for the current or previous financial year.
Tax Identification Number (TIN) Certificate copy.
Latest utility bill for any of (Electricity, water, telephone bills etc.). If utility bill is in the names of the landlord/lady, a copy of the tenancy agreement or latest receipt of rent payments to the landlord/lady to be provided.
Completed account opening form.
Features
Available in UGX, USD, GBP, EUR, and KES
Opening deposit of either UGX 50,000 or 30 EUR/GBP or 50 USD or 5,000 KES for Personal Current Account, UGX 20,000 or 30 EURO/GBP or 50 USD OR 5,000 KES for Salary Current Account and UGX 100,000 or 100USD, 60 EUR/GBP or 100 USD or 10,000 KES for Business Current Account.
Minimum account balance of UGX 20,000 or 15 EUR/GBP or 25 USD or 2,500 KES for Personal Current Account, no monthly charges for Salary Current Account and UGX 50,000 or 50USD, 30 EUR/GBP or 100 USD or 5,000 KES for Business Current Account.
Monthly account management fees of UGX 3,000 for Personal Current Account and UGX 5,000 for Business Current Account.
Cash withdrawal done by using cheques signed by account owner or appointed person.]
Cheque book and UnionPay PostCard issued on request.
