We believe there is no time like the present to secure your children’s future. That is why with this account, we teach your children how to save for their future and ensure they have fun while doing it.
With this thoughtfully created account, parents can meet financial constraints such as rising costs of education and other basic necessities through a savings plan that helps them invest wisely at very competitive rates of interest.
Features
UGX | USD | |
Opening Balance | 50,000 | 100 |
Minimum Balance | 25,000 | 10 |
Below Minimum Balance Charges | NIL | NIL |
Ledger Fee (monthy) | 1 free Quarterly debit, thereafter @ debit charge 0.25% of the amount Min. UGX 30,000 | 1 free Quarterly debit, thereafter @ debit charge 0.25% of the amoun Min. Usd:10 |
Debit Card Issuance | N.A. | N.A. |
Free Statements | Quarterly | Quarterly |
EFT Inward | FREE | FREE |
RTGS Inward | FREE | FREE |
Salary Processing | FREE | FREE |
Internal Transfers | FREE | FREE |
Cheque Book | N/A | N/A |
Cash Deposit | FREE | Above $5,000, USD - 0.25% |
Cash withdrawal below 2mn -Across the counter | FREE | FREE |
Cash withdrawal - Above 200mn or USD 50,000 or equiv in a day | Ugx100,000 | 0.25% of the Amt |
ATM Withdrawal in Uganda | N/A | N/A |