This a set of individual accounts suitable for personal banking and execution of routine transactions. Applicable Scheme codes.
Benefits
Free SMS alerts
Competitive interest of up to 0.5% for >10m deposits.
Free monthly e-statements • In-house cheque book available on request
24-hour salary processing
Access to loan facilities
Affordable funds transfer locally and globally.
Bank draft
24-hour banking on our Post Mobile and Post Online platforms and access to all PBU branches countrywide Charges and Opening Balance.
Account Management fee-3,000/=
Over the Counter-3,000/=
Below minimum Balance Penalty-Nil
Opening Balance-8,000/=
Requirements
A valid national identification Number (NIN) as issued by the National Identification Registration Authority (Uganda).
Note
A copy of the document (whether National ID or any record issued by NIRA-U) possessing the NIN must be maintained by the Bank as part of the customer’s account KYC records.
Where the person is a student, for purposes of qualifying for a student account, one must accompany the NIN with any of; a valid copy of his/her institutional ID or an introduction letter from the school/institution or a copy of his/her admission letter.
For each person, obtain a copy of his/her most recent colored passport size photograph. This may be delivered by the client or taken using Bank cameras.
For any Ugandan who intends to use his/her account while in the diaspora, he/she MUST sign an email/telephone indemnity form with the Bank.
In the event that a customer is blind.
He/she must personally introduce a next of kin to the Bank for the case of personal accounts.
A copy of the original and valid identification documents of the next of kin as prescribed in above – Natural Persons, shall be obtained.
Introduction of the next of kin as an agent on the account shall be done following the appropriate procedure.
Completed account opening form.
Features
Opening Balance-Ugx. 8,000
Account Management fee-Ugx.3,000 monthly
Over the Counter Withdraw fees Ugx.3,000 per transaction
