Banking for Unbanked

Bungim Saver

Passbook Colour Brown  
Purpose For savings and to have access to different loan products.  
Target Market Individuals, groups, families and business owners.  
Requirements to Open Account 1.       Completed Application Form

2.       Any Form of ID

3.       Confirmation letter  from Ward Member (for group accounts only)

 
Account Opening Fee

(PBK Fee)

K25  
Initial Deposit/Minimum Balance K25  
Account Closure Fee
Closing Balance Amount Fee
K25 and below K25 Forfeited
K26 – K500 K25
K500 and above 5% of closing balance
Monthly Fee

(Account Keeping Fee)

Free  
Transfer Fee 1% of amount Requested  
Withdrawal Fee N/A  
Cash Handling Fee K5,000 > – 0.5%  
Cash Counting Fee K20.00  
Account Activation Fee K5.00  
Passbook Replacement Fee K25 – if passbook is lost/damaged

K10 – if passbook is full

ATM Card Fee N/A  
ATM Card Replacement Fee N/A  
ATM Withdrawal Fee N/A  
Balance Enquiry N/A  
Online Payment Fee K50  
Credit Transfer Fee ANZ – K80

BSP – K10

 
Dishonoured Cheque Fee

(All Cheque Deposits)

K60  
Cheque Clearing Fee

(All Cheque Deposits)

K20
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