School Fees Collection Account


Sign up today to enjoy our interest-bearing current account set aside exclusively for your institution to collect all fees centrally. These funds can be transferred to your operational account when needed at no cost. That is not all. Your institution can earn interest on balances with attractive interest rates.

You can also access this account at your convenience using our robust internet banking platform, in addition to our wide branch and agent network.

Account SweepsFree sweeps to your operational account
RELATIONSHIPA dedicated team of two Relationship Managers
AffordableAn affordable single fee charge
SINGLE FEENo hidden charges
Interest PAIDAttractive interest paid on your average daily school fees balances
Digital INTEGRATIONIntegration for collections on the BOA Mobile App and MTN/AIRTEL Mobile Money
  • Account opening/minimum balance - UGX 100,000
  • Monthly single management fee per month – UGX 40,000
  • Minimum balance to earn interest – UGX 5,000,000
  • Cheque book - UGX 800 per leaf

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
Book an appointmentMeet with one our Relationship Managers at a branch, your office or virtually
Call UsReach our Service team now to get quick help in signing up for our services
0800 100 140
Request call backOne of our Specialists will call you at a time of your convenience

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