This account is great for employees with permanent contracts at big local or global companies. It’s perfect for setting up your monthly salary payments. Plus, you can get loans and salary advances if you need them!
Why Choose This Account?
- Simplified Group Savings: Easily pool contributions from members and manage funds for your association or club’s goals.
- Earn Interest Together: Benefit from interest on your collective savings, helping your group’s money grow over time.
- Support for Projects: Access funds or small loans for events, community initiatives, or unexpected expenses.
Account Conditions
- Account Opening Fee: FCFA 7,500, a one-time fee to set up your group’s savings account.
- Payable Interest: Receive a 3% annual interest rate to reward your collective savings efforts.
- Initial Deposit: Start with a minimum of FCFA 25,000 to activate the account.
- Minimum Balance: Maintain at least FCFA 15,000 to keep the account active and earning interest.
Associationand Club Account Requirements
- Registration Proof: Provide a Certificate of Registration from the Ministry of Territorial Administration or a prefectural order.
- Article of Association:Submit the group’s constitution or bylaws, outlining its purpose and structure.
- Address Proof: Show a utility bill (e.g., CEN electricity bill) or a letter from the group’s meeting venue/landlord
- Leadership Identification: Present National ID Cards or passports for at least two authorized signatories (e.g., president and treasurer).
- Photographs: Provide two recent 4x4 passport-sized photographs for each authorized signatory.
- Application Form: Complete a quick form—available online or at the branch—with your details.
- Minimum Balance: Minimum balance of 15,000 CFA.
Do you want to know more about our Salary Accounts or create one?
Click the button below to chat with us.