Savings Accounts
We understand how crucial it is to save for that rainy day. Whether it’s a nest egg, a security net or saving for something special, your savings are crucial to your financial future. Savings are about the future. At ABC Capital Bank we have a wide range of options so you can find the one (or two or three) that fits your savings needs and style best. We offer a variety of accounts and competitive interest rates. Our range of Savings Accounts provide you with a wide array of benefits, options and advantages to make your saving simple and convenient.
Choose a savings plan that makes sense for you and your lifestyle.
Premium Savings Account
- Minimum opening balance Ugx. 100,000
- Minimum balance Ugx 100,000
- Below minimum balance charge of UGX 2,500
- Interest up to 5% per annum
- No charge on deposits
- Transactional charge on withdrawals of UGX 1,100 per transaction
- No monthly charge
- Free transfers within ABC Capital branches
- Monthly free email statements
- Cheque book facility available
- All other services and charges will be as per the banks standard tariff rates.
Requirements:
- Valid identity document (Passport/ National Identity Card)
- Passport size photographs
Classic Savings Account
- Minimum opening balance Ugx. 10,000
- Minimum balance Ugx 10,000
- Below minimum balance charge of UGX 2,500
- Interest up to 2.5% per annum
- No charge on deposits
- Transactional charge on withdrawals of UGX 1,100 per transaction
- No monthly charge
- Free transfers within ABC Capital branches
- Monthly free email statements
- All other services and charges will be as per the banks standard tariff rates.
Requirements:
- Valid identity document (Passport/ National Identity Card)
- Passport size photographs
Foreign Currency Savings Account
- Accounts can be opened in USD, GBP, Euro & KES
- Minimum opening balance of USD 100, GBP 100, Euro 100 & KES 5,000
- Minimum balance of USD 100, GBP 100, Euro 100 & KES 5,000 should be maintained
- Below minimum balance charge of USD 2.50, GBP 2.50, EURO 2.50 & KES 250 per month
- Cash handling charge on deposit of 0.5% apply on values above: USD 5000, GBP 3,000 EURO 4000
- Pays interest of 1% p.a
- Transactional charge of USD 0.50, GBP 0.50, EURO 0.50 & KES 50 per withdrawal transaction
- Free Transfers within ABC Capital Bank branches
- Free monthly e-mail statements
- All other services and charges will be as per the bank’s standard tariff rates
Requirements:
- Valid identity document (Passport/ National Identity Card)
- Passport size photographs
Recurring/Target Deposit Account
- Minimum opening balance Ugx. 50,000
- Minimum opening balance USD 50
- Monthly installments of a minimum of UGX 50,000 with no maximum amount.
- No bank charges for deposits
- Competitive interest occurring on monthly basis calculated on the minimum account balances from 1st day to end day of the month.
- No interest on premature withdrawal
- No debit card/cheque book issued on this account
- Account available in UGX,USD
- Rewarding interest rates, Guaranteed returns, Ease in savings
Requirements:
- Valid identity document (Passport/ National Identity Card)
- Passport size photographs
Children’s Savings Account
- Account can be opened in the minor’s names by the parent/guarduan
- Minimum balance opening balance Ugx 50,000
- Minimum balance UGX 50,000
- Below minimum balance chargeof 2,500
- Pays interest of 3% p.a
- No charge on deposits
- Transactional charge on withdrawals of UGX 1,100 per transaction
- All EFTs (electronic transfers) for education payments will be done at no cost
- 3 free banker’s cheques for the purpose of paying school fees for the respective terms
- No monthly charge
- Free monthly e-mail statements
- Free transfers within ABC Capital Bank branches
- All other services and charges will be as per the bank’s standard tariff rates
Requirements:
- Valid identity document (Passport/ National Identity Card)
- Passport size photographs
Salary Savings Account
- No mimimum opening balance
- No mimimum balance
- Pays interest of 2.5% per annum
- No charges on deposits
- Monthly ledger fees of UGX 2,500 (only free with no transactions)
- Free Transfers within ABC Capital Bank branches
- Monthly free e-mail statements
- All other services and charges will be as per the bank’s standard tariff rates
Requirements:
- Valid identity document (Passport/ Driving Permit/ Voter’s Card)
- Proof of residence (copy of utility bill)
- passport size photographs
