Savings Account
This product is designed to meet the need of customers whether planning for short term or investing for the future to help them accumulate extra income and also build their cash reserves.
Target Market
Individual & Joint Association
Partnerships
Trustees, Executors & Administrators
Associations, Societies & Clubs
Non- profit organizations & Religious Institutions
Product Features
Flexible opening balance and Minimum balance.
Interest Bearing.
Cash lodgment and payment
Monthly statements of account (By email or surface mail)
Product Benefits
ATM card.
Internet banking access. (On Request)
SMS alert (On request)
Product Requirements
Individual
a) Two passport Photographs.
b) Account opening forms duly completed.
c) Two duly completed signature cards.
d) Minimum account opening deposit (i.e. cash) as applicable.
e) In case of salary accounts, letter of introduction from the employer will be required in addition to the requirements above.
f) Receipts/evidence of payment of water rates, electricity bills or telephone bills, for the preceding 3 months
Joint Savings Account
a) Two Passport photographs of each of the account holders.
b) Identification of the account holders in the form of a valid National ID Card, valid International passport or valid National Driving License.
c) Account opening forms duly completed.
d) One duly completed signature cards.
e) Receipts/evidence of payment of water rates, electricity bills or telephone bills for the preceding 3 months
Minor Accounts
a) Two passport photographs of both minor and operator (trustee).
b) Application to open and operate the account submitted by trustee.
c) Birth certificate of the minor.
d) Identification of the trustee in the form of a valid National ID Card, valid International passport or valid National Driving License.
e) Account opening forms duly completed.
f) One duly completed signature cards.
g) Receipts/evidence of payment of water rates, electricity bills or telephone bills for the preceding 3 months.
Clubs, Societies, Non- profit organizations, Religious Institutions or Other Associations.
a) Two Passport photographs of each of the signatories.
b) Identification of the signatories in the form of a valid National ID Card, valid International passport or valid National Driving License.
c) Account opening forms duly completed.
d) One duly completed signature cards.
e) A certified copy of the Rules/Bye Laws/Constitution of the Club/Society/Association will be obtained and kept with the Account Opening Form.
f) A certified copy of the Resolution of the governing body of the Club/Society/Association appointing UnityBank Plc as its bankers and laying down the mode of operation of the account (i.e. by Chairman and Secretary or Chairman and one Committee member) will be obtained and filed with the Account Opening Form.
g) A certified list of office bearers of the Club/Society/Association will be obtained and kept in the customers’ mandate file.
h) Receipts/evidence of payment of water rates, electricity bills or telephone bills for the preceding 3 months.
