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Back to Sacco Accounts

A special deposit account designed for the purpose of accumulating savings for financing their lending operations or future investment plans thus enabling them to realize their shared objectives and goals. It is designed for SACCOs that prefer a checking account.

Benefits

No account maintenance fees

No account maintenance fees.

Free withdrawals

Free withdrawals.

24/7 access

24/7 access to your account through BPR Online Banking.

Access to SACCO loans

Access to SACCO loans.

What We Need From You*

  • Copy of the SACCO registration certificate issued by Rwanda Sacco Union.
  • Certificate Copy of SACCO bye-laws.
  • Minute and resolution to open account.
  • A registered resolution defining the signatories and account opening mandate (if the SACCO is a registered company).
  • Certificate of incorporation for the case of companies.

Rates & Fees*

  • Opening Balance, Rwf 100,000, USD100, EUR100, GBP100, KES10,000.
  • Zero Minimum Operating Balance.
  • Ledger Fee, Rwf 5,000, USD10, EUR5, GBP5, KES1,000.
  • Zero account Maintenance Fee.
  • Cheque Book Rwf 5,000 (24 pages) Rwf 9,000 (48 pages) Express
    Cheque Book (Delivery within 24 hours ) 11, 000 (24 pgaes)/16,000 (48
    pages). Payment order book FRW 6,500 24 pages/(FRW 11,000 (48 pages)
  • Bankers Cheque, RWF 5,000 and equivalent for all FCY accounts.

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Sacco Account

A special deposit account designed for the purpose of accumulating savings for financing their lending operations ...

Learn more about Sacco Account