NGOs Account
Benfits
- Opening Balance: UGX 100,000
- Interest on Savings: Earn upto 3% interest Pa
- Minimum Balance to earn interest: UGX 500,000,000
- Monthly Charges: "30,000 • Access to Bank Statements • Mobile Banking • Agent Banking • Free SMS Alerts"
Requirements
- Certied certificate of registration
- Memo & articles of association
- Resolution to open account
- Particulars of directors (Form 7 0r 20)
- Beneficial ownership (Form 1)
- KYC for signatories, directors, shareholders with shares 5% and above
- NGO Operational licence