This is deposit account with no interest which cannot be drawn with a cheque. Deposits are made through the agents (Mobile Bankers)
Any individual who is 18 years and above
Features and requirements
- Cash deposits/contributions can be daily, weekly, monthly or as the customer wishes.
- Customer shall provide 2 passport sizes picture and national ID cards.
- Proof of residence (Utility bills)
- A passbook shall be issued to customers at a fee.
- A minimum of Ghs1 shall be accepted to open the account.
- A minimum of Ghs5 shall be minimum account operation balance.
- Saving withdrawal form shall be provided when requested.
- Maintenance fee shall be charged half yearly.
- The satisfactory account operation qualifies for a loan.
- Withdrawal frequency not be restricted.
- SMS Alert optional
- Accessible with an ATM card