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
Minimum opening balance of UGX 100,000/=
No minimum operating balance
Account is operated with a cheque
7 Reasons Why You Should Open a Business Current Account
There are no ledger fees
There’s no minimum operating balance
There’s no cash deposit charge
You get 1 free statement per quarter.
You are entitled to a free e-mail statement
You’re allowed unlimited withdrawals and deposits
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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