The ideal current account option for small traders and low income groups.

  • The account attracts monthly interest of 1% per annum for balances above UGX 25 M.
  • The account comes with zero monthly administrative charges.
  • Mobile app access and internet banking access with CMS iBank view
  • Free SMS alerts about account health
  • Free mobile banking – Transaction account to account
  • Free E-statements
  • Initial deposit - zero
  • Cheque leaf charge - UGX 1,000, USD 0.30 - per leaf
  • Daily E-statement - free
  • Debit card ( only individuals ) one-time cost for three years - UGX 15,000
  • FCY cash deposit above $5000 - 0.50%
  • I-Banking - view facility (transaction- cost of token @UGX 150,000) - free
  • Interest for balance above UGX 25 mn / USD 10,000 - UGX 1% pa, USD .50%
  • Minimum balance - zero
  • Mobile banking ( only individuals ) - free
  • Monthly charges - UGX 10,000 / USD 5
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