Savings Accounts
Basic Daily Savings Account (Akawo I)
The Basic Daily Savings Account I allows members to save and withdraw money daily without a fixed account number. This traditional savings method, commonly known as Akawo, enables members to make deposits and withdrawals starting from 500 FCFA.
Key Features:
- Daily savings and withdrawals
- Deposits at branch or in the field through authorized agents
- Flexible and convenient access to funds
- Moderate withdrawal charges
Opening Requirements:
- Two (2) passport-size photographs
- Photocopy of a valid official ID
- Opening fee: 1,000 FCFA
Basic Daily Savings Account (Akawo II)
This account operates similarly to Akawo I but with controlled withdrawal periods. Withdrawals are allowed only between the 20th and 31st of every month, at a fixed withdrawal charge.
Key Features:
- Daily deposits from 500 FCFA
- Monthly withdrawals only
- Fixed withdrawal charge of 1,000 FCFA regardless of amount
- Deposits made at branch or through agents
Opening Requirements:
- Two (2) passport-size photographs
- Photocopy of a valid official ID
- Opening fee: 1,000 FCFA
Golden Future Savings Account
The Golden Future Account is a blocked, remunerated savings account designed to help members plan for investments, education, emergencies, or major purchases.
Available Durations:
- Months
- 6 Months
- 9 Months
- 12 Months
Key Features:
- Minimum savings from 500 FCFA
- Interest rate between 2% – 8%
- Encourages disciplined and goal-oriented savings
Opening Requirements:
- Two (2) passport-size photographs
- Photocopy of a valid official ID
- Opening fee: 1,000 FCFA
Golden Future Children Account
This account allows parents or guardians to save for their children’s future from as early as three months.
Key Features:
- Savings from 500 FCFA
- Ideal for education and future security
- Operated by parent or guardian
Opening Requirements:
- Passport photos of parent/guardian and child
- Valid ID of parent/guardian
- Birth certificate of child
- Opening fee: 1,000 FCFA
Golden Future B&T (Bikes & Taxis) Account
This account supports youths and transport operators wishing to acquire a new bike or taxi through structured savings.
Key Features:
- Savings period: minimum of 6 months
- Member must save at least 60% of the asset value
- New bike or taxi secured at completion
Opening Requirements:
- Two (2) passport-size photographs
- Valid ID card
- Driver’s license (advantage)
- Union membership (advantage)
- Opening fee: 5,000 FCFA
Individual / Joint Savings Account
A flexible savings account for individuals or joint holders, offering interest and easy access to funds.
Key Features:
- Savings booklet issued
- Interest-bearing account
- Suitable for personal or family savings
- Two (2) passport-size photographs
- Valid official ID
- Minimum opening amount: 15,000 FCFA
Student Simple Savings Account
Designed to encourage savings among students for academic and personal needs.
Key Features:
- Savings from 1,000 FCFA
- Withdrawals upon presentation of savings booklet
- Deposits via office, agents, or mobile numbers
Opening Requirements:
- Two (2) passport-size photographs
- Valid student ID or proof of studentship
- Opening fee: 2,000 FCFA
Corporate Savings Account
This account allows associations, groups, and organizations to save and earn interest while securing funds for projects.
Key Features:
- Interest-bearing account
- Suitable for associations and corporate bodies
- Capital accumulation for projects
Opening Requirements:
- Passport photos and IDs of signatories
- Minutes of General Assembly meeting
- Application letter to the General Manager
- Corporate and fiscal documents
- Minimum opening amount: 50,000 FCFA