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Current Deposits

Current Deposit product is ideal for firms, Companies, Institutions, Individuals etc., who need banking facility more frequently. This is one of the most basic and flexible deposit options, allowing transaction without limiting the numbers.

Who Can Open: Individual (single / Joint), business firm, company, associations, society etc.
Initial Deposit / Minimum Balance:
For Kampala branches Ushs. 300,000/-
Upcountry branches Ushs. 200,000/-
Interest: No interest is payable in the A/C
Cheque Book Facility: Available
Overdraft/ loan facility: Overdraft facility available by arrangement

Special features:

  • Any number of debits and credits are allowed in the account
  • Minimum balance, Cheque Book, statement of A/c, etc. charges applicable as per Bank's guidelines.

Service Charges: As declared by the Bank from time to time

** For further details, contact any of our branches in Uganda