We offer financial solutions. Get financial advice from our experts now.
More DetailsAt BUBL:
Now You Can Do More
For a better future
Start saving now with BUBL
Designed for voluntary savings and credit groups like VSLAs, ROSCAS, SACCOS, and other community-based savings groups or investment clubs.
-
Features
- Denominated in Uganda shillings (UGX) Minimum balance of UGX. 50,000
- Attracts interest accrued daily
- Cash withdraw fee of UGX 1,500 per withdraw
- Minimum interest earning balance is UGX 500,000
- Monthly ledger fee of UGX 1,500
- Minimum cash opening deposit of UGX 50,000
-
Benefits
- Attractive interest on savings paid semi-annually
- One free account statement per month
- Unlimited number of daily transactions
- Access to Financial literacy training
- Dedicated Relationship Officer
-
Requirements
- Two (2) passport-size photos of each of the account signatories
- Copy of Identity Document – Either National ID or National passport
- Particulars of the Association/group /club registered for business purpose
- Introduction letter from the Community Development Officer
- A certified true copy of the bye-laws or constitution
- Copy of the registration certificate from the Sub-County or District
- Certified Resolution to open a Bank account at BRAC Uganda Bank together with a copy of the meeting minutes to resolve the same
- Tax Identification Number(TIN) where necessary
- Signatories’ proof of residence – Utility bill of Either Electricity, Water or Telephone containing particulars of the area of residence