This account is designed for registered groups, microfinance institutions, and SMEs, enabling them to save and manage funds collectively and securely.
Features:
- Initial and minimum deposit: GHS 50.00
- Interest earned monthly (requires GHS 500 minimum)
- Free statement of account
- No maintenance fees
Requirements:
- Must be a registered group or institution
- Valid ID for signatories
- Utility bill
Ideal For:
- Cooperative groups
- Women associations
- SMEs
- NGOs