A highly recommended account for associations and Njangi groups. Flexible, secure, practical and affordable. Members can request for loans backed up by cash in the account as collateral security.

Initial deposit: FCFA 30,000
Account opening fee: FCFA 5,000
Minimum Account balance: FCFA 25,000
Account Maintenance Fee: FCFA 0.00
Interest payable: 4.0% per annum

Account Opening Requirements and Documents:

  • 2 Passport Size photographs of each signatory to the account
  • A constitution (or bylaws) of the Association
  • Certificate of Registration of the Association (where applicable)
  • A letter designating signatories to the account and cash withdrawal specifications
  • Site Plan of the meeting venue of the Association
  • A copy of National Identification of each signatory to the account

Want to know more about our Saving Account For Association and Club?
Click the button below to request for a call back from a dedicated Relationship Manager.