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SME Savings Account (Simba)

Make your money work for you with the Simba Savings account with up to 7%* p.a. interest on savings. Free deposits, one withdrawal a month and no monthly fees.

Benefits

Benefits

Fees & Rates:

  • Opening Balance: Rwf 100,000 , USD200, EUR100, GBP100, KES10,000
  • Minimum Opening Balance: Rwf 50,000, USD100, EUR50, GBP50, KES10,000
  • Account maintenance fee: 0
  • Debit card charges: N/A
  • Debit card withdrawal charge: N/A
  • Cheque book: N/A
  • Free Bankers Cheque: RWF 5,000 and equivalent for all FCY accounts
  • Free 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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