• 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
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
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
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)