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?
- Effortless Business Transactions: Seamlessly manage your company’s finances with easy deposits and withdrawals, perfect for Cameroon’s fast-paced market.
- Grow Your Savings: Earn competitive interest on your balance, helping your business funds increase while you focus on operations.
- Support When You Need It: Access affordable loans or advances to tackle cash flow challenges or seize new opportunities in Cameroon.
Account Conditions
- Account Opening Fee: FCFA 10,000, a one-time fee to launch your business savings account.
- Withdrawal Fee: FCFA 5000
- Payable Interest: Enjoy a steady 3.5% annual interest rate credited to your account.
- Initial Deposit: Open your account with a minimum deposit of FCFA 50,000.
- Minimum Balance: Keep at least FCFA 25,000 in your account to stay active and earn interest.
Business Account Requirements
- Business Registration: Provide a valid Certificate of Incorporation or Business Registration from the Cameroon Chamber of Commerce.
- Proof of Income: Submit recent bank statements, tax clearance certificates, or invoices showing business activity
- Identification: Present a National ID Card or valid passport for the business owner or authorized representative.
- Application Form: Complete a quick form—available online or at the branch—with your details.
- Address Verification: Show a recent electricity bill (CEN), water bill, or tenancy agreement for your business premises.
- Photographs: Bring two recent 4x4 passport-sized photographs for account documentation.
- Minimum Balance: Maintain a minimum balance of FCFA 25,000 as required by Cameroonian banking standards.
Do you want to know more about our Salary Accounts or create one?
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