This account is perfect for students in Cameroon managing daily transactions or receiving allowances. It’s great for paying bills, shopping, or saving small amounts, with easy access through mobile banking and debit cards tailored to your needs!
Why Choose This Account?
- Hassle-Free Transactions: Pay for goods, utilities (like ENEO bills), or MTN airtime effortlessly.
- Manage Your Money: Keep track of your allowance, scholarship funds, or small savings with ease.
- Financial Flexibility: Access overdraft options or link to mobile money services like Orange Money.
Account Conditions
- Account Opening Fee: FCFA 2,500, a one-time affordable fee to start your account.
- Interest Rate: Earn a modest 2.5% annual interest on balances above FCFA 50,000.
- Minimum Opening Deposit: Start with just FCFA 10,000, accessible for most Cameroonians.
- Minimum Balance: Maintain FCFA 5,000 to keep your account active and avoid fees.
Student Current Account Requirements
- Age Requirement: Be at least 21 years old, with a valid Cameroonian National ID or passport.
- Proof of Income: Provide a payslip, market stall receipt, or bank statement showing regular income.
- Address Proof: Submit an ENEO utility bill or a residence certificate from your local chief.
- Application Form: Fill out a simple form—available online or at SACREC branches—with your details.
- Photographs: Bring 2-4 passport-sized photos for your account setup.
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