- Account can be opened in Local or Foreign Currency.
- Minimum balance of Ush.100,000 or Usd 100.
- Unlimited free cash withdrawals.
- Unrestricted Free cash and cheque deposits.
- Free monthly statements.
- Free first cheque book issued (50 leaves).
- No Monthly ledger fees.
- Does not earn interest.
- Eligibility to a variety of loan products & overdraft facilities.
Basic Requirements- Sole Proprietorship |
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Certified copy of Certificate of Registration (Certified by Registrar) |
Certified Statement of Registered Particulars of the Business Name/any change thereof |
Registered/Certified Copy of Partnership Deed |
Valid Identification Documents of Signatories (Passport/Driver’s license/ ID Card) |
Latest utility bill (Electricity, Water, Telephone etc) |
Copy of PIN/TIN certificate |
Two passport photograph for each signatory. |
Address Proof residence of Signatories - Latest utility bill (Electricity, Water, Telephone etc) |
Valid Trading licence (if any) |
Valid Identification Documents of Signatories (Passport/Driver’s license/ ID Card) |
Latest utility bill (Electricity, Water, Telephone etc) |
Copy of PIN/TIN certificate |
Two passport photograph for each signatory. |
Address Proof residence of Signatories - Latest utility bill (Electricity, Water, Telephone etc) |
Valid Trading licence (if any) |
Basic Requirements- Partnership |
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Certified copy of Certificate of Registration (Certified by Registrar) |
Certified Statement of Registered Particulars of the Business Name/any change thereof |
Registered/Certified Copy of Partnership Deed |
Valid Identification Documents of Signatories (Passport/Driver’s license/ ID Card) |
Latest utility bill (Electricity, Water, Telephone etc) |
Copy of PIN/TIN certificate |
Two passport photograph for each signatory. |
Address Proof residence of Signatories - Latest utility bill (Electricity, Water, Telephone etc) |
Valid Trading licence (if any) |
Basic Requirements- Limited Companies |
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Certified copy of Certificate of Incorporation (Certified by Registrar). |
Certified Memorandum and Articles of Association (and any amendments thereof) |
Board Resolution to open up an Account (Certified by Registrar) |
Company Form 7/ Particulars of the Directors(Certified by Registrar) |
Valid Identification Documents for Directors/Signatories (Passport /Driver’s license/ID Card, National ID). |
Two passport photograph for each signatory. |
Address Proof residence of Signatories - Latest utility bill (Electricity, Water, Telephone etc) |
Valid Trading licence (if any) |
Company Tin No (if any) |