This is an on line solution that allows joint, group and investment clubs account holders to manage their group activities. It enables monitoring and keeping track of personal transactions thus ensuring transparency and accountability.
Features
- 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
Benefits
- Good avenue to pool resources
- Easy and economical to save and maintain
- Networking among clubs
- Bringing your investment dream closer through bank support
- Free Financial Literacy training
- Assignment of a dedicated Investment club Relationship officer who will be
responsible for account management - Competitive Interest paid on savings held
Requirements
- 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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