This account allows institutions dealing in non-profitable ventures such as churches, public schools and self-help groups to manage their funds efficiently.
4 Great Features of a Social Institution Account
Opening balance is UGX 100,000/=
There’s no minimum operating balance
There’s no maintenance fee
There’s no deposit charge
5 Reasons Why You Should Open a Social Institution Account
You will incur no account maintenance charges
There’s no minimum account operating balance
Your institution will have access to a loan facility
Equity ordinary account is available for social / institutions members
You’ll have access to Corporate Internet Banking. (Eazzy biz)
What’s Required to Sign Up
A resolution indicating signing mandates
Minutes from board members signed by the chairman
Certificate of registration
Signatories’ identification documents
Original and copy of identification documents (National ID / Passport and proof of residence)
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