Ecobank Personal Savings Account.

  

Date Posted: 3/22/2014 9:47:16 AM

Posted By: meg soni  Membership Level: Gold  Total Points: 2477

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Ecobank savings account:
This is an interest earning account aimed at encouraging customers to save for the future.
Features and benefits:
• Visa CHIP Debit card which gives access to all Visa ATM's.
• Internet banking access.
• Free quarterly statements.
• Minimum opening balance of 1000 shillings.
• No monthly maintenance charges.
• Free SMS and email alerts on all transactions into account.
• Fully networked seamless banking.
• Competitive interest rates and free advisory services.
• Free photograph taken on account opening.

Ecobank Privilege Account:
The savings account is meant to encourage savings from individuals. It has the following features;
• Mininimum opening and operating balance of Shillings 20000.
• Cheque book at a standard fee.
• No monthly maintenance fees.
• Four free withdrawals a month.
• Free SMS/email alerts on transactions.
• The account offers standing orders, direct debits and internet banking services.

Ecobank Unity Account:
It is designed for organised groups or 'chamas'. It enables them save for future projects.
Benefits:
• Account opening balance of 1000 Shillings only.
• Statements set out quarterly.
• Tiered credit interest payable quarterly.
• Credit interest is available to accounts that maintain a balance of 5000 Shillings and above.
• Outward funds transfers are charged as tariff.
• Inward funds transfers are free of charge.
• No over the counter withdrawal fees.
• Cheque books are available to account holders.

Ecobank Baraka account:
It is most suitable for religious institutions, schools and universities.

Features:
• Minimum opening and operating balance of 1000 Shillings.
• Monthly statement.
• Credit interest is available.
• Cash handling-fees waived.
• Free 4 withdrawals per month.
• Cheque books allowed.
• C.I.T services available at cost.

Ecobank Elimu account:
It is suitable for educational institutions such as Schools, Colleges, Universities and polytechnics.

Benefits:
• Account opening balance of 1000 shillings.
• Free monthly e-statement.
• Credit interest is payable to accounts that maintain a balance of Shs. 5000 and above.
• Outwards and inwards funds transfers are allowed.

Ecobank offers the best savings account solutions which are suitable for everyone and with very reasonable charges.

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