Business Current Account

This is a convenient and flexible medium for a range of transactions. With this account you are free to make deposits, receive money, make payments, make withdrawals and set up standing orders.

3 Great Features of the Business Current Account

  1. Minimum opening balance of UGX 100,000/=
  2. No minimum operating balance
  3. Account is operated with a cheque

7 Reasons Why You Should Open a Business Current Account

  1. There are no ledger fees
  2. There’s no minimum operating balance
  3. There’s no cash deposit charge
  4. You get 1 free statement per quarter.
  5. You are entitled to a free e-mail statement
  6. You’re allowed unlimited withdrawals and deposits
  7. You have access to Corporate Internet Banking (EazzyBiz)
  • What You Require to Open this Account

    • A certified copy of the original certificate of incorporation.
    • A certified copy of the Memorandum and Articles of Association
    • A certified company form A.7 or form A.20.
    • A certified company form A.8 or form A.21, where applicable
    • A certified Board resolution to open an account and signing mandate
    • Copies of the original and valid TIN certificate or VAT certificate or trading license (where applicable)
    • An introduction letter from a registered and reputable Law firm, lawyer or certified accountant.
    • A certified company form 9 or form 18
    • Copies of original and valid identification documents (National ID / Passport and proof of residence)

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