Corporate Fixed Deposits Accounts
We offer fixed deposits account with interest paid on maturity and fixed deposits account with interest paid monthly with very competitive interest rates for your term deposit.
With very competitive interest rates for your term deposit the bank offers the following options.
- Fixed Deposits Account with interest paid on maturity.
This product offers the client an opportunity to choose whether interest should be compounded or paid to an operative account upon maturity of the deposit. Renewal is automatic if the client so wishes & the account can be opened in either local or foreign currencies. The minimum balance is Ugx. 1,000,000 This account has no charges.
- Fixed Deposits Account with interest paid monthly
for the life of the deposit.Renewal is also automatic & the minimum balance is only Ugx. 1,000,000.
- Original and Copy of ID and a referee for individuals
- Original and Copy of ID for each official for companies
- Original and Copy of business PIN certificate
- Original and Copies of Memorandum and Articles of Association, Registration Certificate and Director’s Resolution.