PostBank

This account is suitable for students seeking flexible banking solutions.

Benifits

1. Free deposits
2. No monthly account management fee
3. Competitive interest rate on balances above UGX 500,000
4. Students can use it to receive allowances
5. Account supposed by Phone Banking upon registration

Requirments

1. Valid student Identity Card
2. Initial deposit requirement of only UGX 20,000
3. Valid mailing address
4. Three passport size photographs
5. Valid mailing address
6. Letter of reference from the University / School to PostBank or a referral from a PostBank account holder