The Corporate Payroll Account at SACREFINANCE is highly recommended for employees of large local and multinational companies in Cameroon. This account is designed to seamlessly receive monthly salary payments through a trusted partnership between your employer and SACREFINANCE, ensuring convenience and financial flexibility. Employees benefit from access to loans and salary advances, making it an ideal choice for managing personal finances with ease.
Why Choose This Account?
- Effortless Salary Deposits: Your employer collaborates with SACREFINANCE to deposit your salary directly into your account each month.
- Financial Support: Enjoy the option to apply for loans or request salary advances to meet unexpected needs.
- Tailored for Professionals: Perfect for staff at prominent local firms and global corporations operating in Cameroon.
Account Conditions
- Minimum Salary Credit: Monthly salary deposits must be at least FCFA 41,000 (net) to activate full account benefits.
- Initial Deposit: FCFA 0.00 – No initial deposit required upon account opening.
- Minimum Balance: FCFA 0.00 – No minimum balance needed as long as salary is credited monthly.
- Fees:
- Salary Transfer Fee: FCFA 5,000 per month.
- Monthly Account Maintenance Fee: FCFA 1,500 + VAT (approx. FCFA 1,747.50).
Salary Account Requirements
- Photographs: Two (2) recent passport-size photographs (color, taken within the last 6 months).
- National Identification: A valid Cameroon National Identity Card (Carte Nationale d’Identité) or a Cameroonian passport (original and one photocopy). Foreign nationals must provide a Resident Permit (Carte de Résident).
- Proof of Employment: One of the following:
- A recent payslip (not older than 1 month) showing salary details from a large local or multinational company.
- An employment contract or appointment letter issued by the employer, stamped and signed.
- A company-issued professional badge or certificate of employment, if applicable.
- Proof of Address: One of the following:
- A utility bill (e.g., ENEO electricity, Camwater water, or MTN/Orange telephone bill) not older than 3 months.
- A site plan (plan de localisation) certified by a local chief or municipal authority.
- Employer Partnership Letter: A letter or Memorandum of Understanding (MoU) from the employer confirming a salary domiciliation agreement with SACREFINANCE.
- Application Form: A duly completed and signed SACREFINANCE Corporate Payroll Account opening form.
Do you want to know more about our Salary Accounts or create one?
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