Savings Customers:
- Valid ID Card
- 1 passport picture
- Utility bill (should not be more than 3 months)
- Resident permit (for foreign nationals)
Business Customers:
- Completed Account Opening Forms
- Business Registration Documents
- Board Resolution
- Passport Size Photographs Of Signatories
- Valid Identify Card (Passport, Driver’s License, Voters ID Or National ID)
- Proof Of Residence (i.e. Utility Bill, Tenancy Agreement, Client’s Bank Statement From Another Bank)
- Resident Permit (For Foreign Nationals)
- Compound interest
- The investment to be used as security for a loan amount up to 80% of investment balance (after 12 months)
- Interest withdrawal – Allowed on quarterly basis
- Withdrawals: Two(2) allowed in a year
- Standing instructions allowed
Eligibility requirements – Existing customers
- Open an investment account
- Minimum initial deposit: GHS100
- Minimum monthly contribution: GHS50 or more (optional)
Eligibility requirements – New customers
- Open current/savings to serve as a remitter account
Eligibility requirements – Walk in customers
- No remitter account required
- Minimum initial deposit: GHS200