UMURAGE Saving account

• Minimum operating balance of Frw 10,000. Saving account open in rwandan francs only
• Earning interest per year : 5% and penality of 2% when withdraws more than 1 time per month
• No monthly maintenance fees
• Duration : The account has a duration of 1 year which is renewed imediatry if no addition information received from client
• Type of financial assets : Saving for schools expenses
• Compulsory insurance: No insurance is required
• Souscription Age: 18 years old or open in name of a kids and aperson aged 18 years being mandatory

Eligibility conditions

• Being a man or woman aged 18 years old as minimum or being a child with someone to take in charge all banks transaction
• Accept to sign contract for UMURAGE saving account
• Complying with KYC

• Copy of national Identity card
• Copy of valid passport for foreigner
• Current passport photo for the kids and for the mandatory
• Signing UMURAGE saving account contract
• Minimum operating balance of Frw 10,000