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 Dpeosit/Minimum Balance Requirements:
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
Service Charges: As declared by the Bank from time to time