Frequently Asked Questions
All I need to know
Saving Account
- Account opening form duly filled
- 2 passport-sized pictures,(name & signature on reverse)
- Age requirement: Minimum 18 years old
- A valid national ID &Tin certificate (Passport/ Driver’s licence /Voter’s ID/NIA card/SSNIT card)
- Residence permit & non-citizen card (where applicable)
- Employer introductory letter (where applicable)
- Utility bill (not older than six months)
- Mandatory initial deposit
- GHS 10 minimum operating balance Initial and minimum account operating balance of GHS100.
- No monthly charges
- SMS Notification(¢1 Monthly Charge for Activation )
- Cheques book Issued
- Account opening form duly filled
- 2 passport-sized pictures,(name & signature on reverse)
- Age requirement: Minimum 18 years old
- A valid national ID &Tin certificate (Passport/ Driver’s license/Voter’s ID/NIA card/SSNIT card)
- Residence permit & non-citizen card (where applicable)
- Employer introductory letter (where applicable)
- Utility bill (not older than six months)
- Mandatory initial deposit
The applicant shall satisfy the following
- Shall be 18 years and above with a sound mind
- Shall be a customer of the bank for at least Two (2) months with the salary channeled through the Account
- The Non – controller salaried customers shall qualify for salary loan after three months of consistent in flow of salary into his Account (3) No monthly charges
- Shall have the employers to endorse the undertaking form to ensure that the employee’s Salary continues to be paid through the bank within the loan period
- Account opening form duly filled
- 2 passport-sized pictures,(name & signature on reverse)
- Age requirement: Minimum 18 years old
- A valid national ID &Tin certificate (Passport/ Driver’s licence /Voter’s ID/NIA card/SSNIT card)
- Residence permit & non-citizen card (where applicable)
- Employer introductory letter (where applicable)
- Utility bill (not older than six months)
- Mandatory initial deposit
Operational Rates and Charges
Products Rates
Salary 30% Per Annum
Commercial/Trading Loan 35% Per Annum
PSelf Loan 35% Per Annum
Agric Loan 36% Per Annum
Adwuma Mkosour 40% Per Annum
CSWE Loan( Micro Finanace ) 40% Per Annum
Susu Loan 40% Per Annum
Funeral Loan 15%(Maximum of One Month After the Funeral)
Commercial Overdraft 45% Per Annum
Salary Overdraft 15% Per Annum
Account Statement Issuance Local GHS 20.00 External GHS 50.00
Payment Order Min GHS 10.00 Max GHS 100.00
Accounts Maintenance Fee on Current Account Min GHS 5.00
Pself Loan 1% Insurance
CSWE Loan (Micro Finance) 1% Commitment Fees & 1% Insurance
Adwuma Nkosour Loan 2% Commitment Fees & 1% Insurance
Susu Loan 2% Commitment Fees & 1% Insurance
Salary Loan 4% Commitment Fees & 1% Insurance
Commercial Loan 4% Commitment Fees & 1% Insurance
Saving Account GHS 30. 00
Commercial Current Account GHS 100.00
Salary Current Account GHS 10.00
Susu Saving Account GHS 10.00
Cheque Book(25 leaves) GHS 15. 00
Cheque Book(50 leaves) GHS 30. 00
Corporate Cheque Book(25 leaves) GHS 40. 00
Savings Withdrawal Booklet GHS 20. 00
Overdraft Forms(Salary) GHS 5. 00
Counter Cheque Normal GHS 5. 00
Counter Cheque Existing ChequeBook Holder GHS 20. 00
Saving Withdrawal Leaflet GHS 1. 00
Loan Forms GHS 10. 00
Passbook GHS 10. 00
Amount Normal Express
GH 1.00 – GHS 1000.00 GHS 6 GHS 10.00
GH 1001.00 – GHS 3000.00 GHS 6.00 GHS 20.00
GH 3001.00 – GHS 10000.00 GHS 22.00 GHS 40.00
GH 100001.00 – GHS 50000.00 GHS 42.00 GHS 60.00
GH 500001.00 – GHS 100000.00 GHS 62.00 GHS 80.00
GH 1000001.00 – Above GHS 100.00 GHS 150.00
CSWE (Micro Finance) 20% of Amount Approved
SUSU Loan 20% of Amount Approved
Adwuma Nkosour 20% of Amount Approved
Commercial / Trading Loans 10% of Amount Approved
- Maximum Cash Lien on Commercial /Trading Loan GHS 20000.00
- Base Appraisal and Risk Assessment, A Higher Cash Lien can be Applied on a facility