This is a current account for NGOs, and it is available in two currencies (UGX and USD). It is aimed at facilitating the smooth handling of the organization's financial activities. It serves as a central repository for receiving funds, making payments, and conducting various monetary transactions related to the NGO's operations.

  • Applicable Currency - UGX and USD
  • Target market - NGOs (Main focus should be on NGOs supporting Refugees (for mass accounts) and Gender based activities (for high deposit value)
  • Target sectors - Health, Education & Environment
  • Available in two currencies (UGX & USD)
  • Flexibility - unlimited access to account anytime
  • No account management fees
  • Multiple channels of access to funds – Online Banking
  • Free Mobile Banking subscription
  • Access to financial literacy seminars organized by the Bank
Category UGX USD
Opening/minimum balance 1,000,000 250
Monthly management fees N/A N/A
Minimum balance to earn interest 100,000,000 30,000
Below minimum balance charge per month 40,000 10
Deposit charge Free Free
Over the counter withdrawal Free Free
Cheque book issuance (1st cheque book of 25 leaves) Free Free
Incoming SWIFT and RTGS Free Free
EFTs Free Free
Incoming SWIFT and RTGS Free Free
  • ***Interest is computed based on average daily balances and credited monthly
  • ***Pricing (is subject to change and is based on the current running Tariff Guide)

Fully filled in account opening form with the following as bare minimum.

  • Acceptable Identification documents (Passport or National ID)
  • Passport photo

Refer to the account opening form for full list of requirements