Interest Bearing Solutions
Are you looking for a flexible, multi-currency and interest earning business banking account?
Overview
Sign up today for our business interest-bearing account offering you the flexibility to access your money, while earning interest on your daily balances at no cost.
MULTI-CurrencyMultiple options with both local and major foreign currencies
Relationship MANAGERSA dedicated team of two Relationship Managers
Interest PAIDUp to 4% per annum paid on your average daily balances
ACCESS ChannelsMultiple channels of access to funds on mobile banking, ATMs, online banking and agent banking
FREE DIGITAL BANKINGFree mobile and internet banking subscription
Waived ChargesFree banking for balances above UGX 5,000,000
- Account opening/minimum balance - UGX 5,000,000
- Monthly management fees per month – Free above minimum balance
- Below minimum balance charge per month – UGX 45,000
- Cash deposit - UGX free, foreign currency - 0.3% of deposited amount.
- Cheque book - UGX 800 per leaf
N:B. All other transactions not included in the above list will be charged at the pay-as-you-transact fee.
Download our services and products pricing guide for more information.
Ways to Apply
OPEN A BUSINESS ACCOUNTFill out your secure business account application in under 20 minutes to get started today
Apply
Online
Online
Book an appointmentMeet with one our Relationship Managers at a branch, your office or virtually
Book
Now
Now
Call UsReach our Service team now to get quick help in signing up for our services
Call
0800 100 140
0800 100 140
Request A call backOne of our Specialists will call you at a time of your convenience
Call
Back
Back
Compare Products
Some products you might like
Invoice / Certificate Discounting
Enjoy this is a short term financing option that helps to improve your cash flow…

Asset Finance
Looking to acquire trucks, new plant or machinery to expand your business production capacity? Need…

Insurance Premium Finance
Do you need to cover your family, car, house but are stuck with cost of…

Letters of Credit
At BANK OF AFRICA, we help to ease your international trade transactions by issuing all…

Documentary Collections
Our Bills for Collection Team is prepared to handle your documentary collections immediately we receive…
