GTSACCO Account

This product is designed for customers organized in groups/ associations to collectively accumulate deposits. GTSACCO is intended to bank customers under cooperative arrangements including: Investment Clubs, Village Savings and Loan Associations (VSLAs), Savings and Internal Lending Communities (SILCs), savings and credit associations (ASCAs), etc.

Features

• Opening Balance 100,000
• Minimum balance of UGX 10,000
• Search fees UGX 75,000
• Free online statement
• Free 1st Withdraw book
• A free Accounting tool to track and perform transactions
• Earn interest of up to 3%

• Certified certificate of registration

• Byelaws/ Constitution/ Memorandum of Understanding

• Resolution to open an account with GTBank and signatories

• Minutes signed off by members/Signing mandate/Recommendation from the Community Development Officer/ CAO

• A copy of the national ID for each signatory