CenteInvestment Club Account
Product Features
- Over the counter withdrawal fees are applicable.
- Minimum ledger fee per month i.e. UShs. 11,000 applicable for current account.
- Cheque book 50 and 100 leaves: UShs. 40,000 and 80,000 respectively.
- Account closing – UShs. 15,000.
- Account activation – UShs. 10,000.
Benefits
- Tiered Interest rate:
- 3% p.a. for Ushs. 1 million up-to <Ushs. 10 million.
- 5% p.a. for Ushs. 10 million and above.
- Free internal funds transfer & standing order.
- Support with club`s formation and registration.
- Dedicated Relationship Manager.
- Free account with no monthly charges which encourages savings and investment.
- Access to Quarterly Investment advisory workshops.
- Opportunity to attend Bi-annual investment club forums facilitated by experts who have been on the journey in investment and have remarkable results.
- Offers a competitive insurance package.
- Offers a safe and secure club management information system Centeinvest App which promotes transparency of club’s business activities.
Requirements
- Minimum opening balance of UShs. 50,000.
- Recent passport photographs of account signatories.
- Valid National Identification Card or Passport with National ID Number.