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Advantage Simba Savings

Open a Simba Savings Account and multiply your hard-earned money with an attractive interest rate of up to 7% p.a on your savings. Deposits are free and one withdrawal allowed per month allows you to keep saving.



Account Rates & Fees:

  • Opening Balance: Rwf 50,000, USD100, EUR50, GBP50, KES10,000
  • Minimum operating balance: Rwf 50,000, USD100, EUR50, GBP50, KES10,000
  • Ledger fees: N/A
  • Account maintenance fee: N/A
  • Debit card charges: 0
  • Dedicated Relationship Manager: Yes
  • Debit card withdrawal fees: 0
  • Counter withdrawal charge
  • Cheque book: N/A
  • Free Bankers cheque: RWF 5,000 and equivalent for all FCY accounts
  • Standing Order:
    • Set up fee Rwf 2,000;
    • Monthly transaction to KCB savings account free;
    • To KCB Accounts Rwf 200;
    • To Other banks Rwf 500;
    • Insufficient fund Rwf 5,000;
    • Amendment Rwf 2,000;
    • Cancellation Rwf 2,000.
  • Pay as you use transaction fee: Rwf 300, USD1, EUR1, GBP1, KES100

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