This account allows your club members to manage your group activities. It helps joint account holders to monitor and keep track of group transactions, thus being a solution for transparency and accountability.
8 Great Features of the Investment Club Account
Account opening is free
No account operating balance
No ledger fees or monthly charges
No limit on the frequency of withdrawal
Free 25 leaf Cheque book upon account opening (Current Account)
Free online statements
Equity Ordinary account available for individual members
Free Financial Literacy training
7 Reasons Why you Should Open an Investment Club Account
It’s a good avenue to pool resources
It’s easy and economical to save and maintain
There’s networking among clubs
The bank will help bring your investment dream closer
There’s free Financial Literacy training
You will be assigned a dedicated Investment club Relationship officer who will be responsible for account management
Competitive Interest will be paid on savings held
What is Required to Sign Up
Minutes from club members showing resolution to open the account signed by the chairman
A resolution with an account signing mandate
A copy of the investment club Constitution
Original identification document (National ID / Passport and proof of residence)
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