Welfare Savings Account (PWSA)

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Welfare Savings Account (PWSA)

A special savings package purposely designed to assist customers to buy basic household items such as television sets, cookers, refrigerators, furniture, pay medical bills, school fees, and also meet other urgent family commitments.

Features/Benefits
  • Low initial deposit

  • Attracts a higher interest rate than our standard savings interest rate

  • Qualify for a loan of up to 120% of the balance on his/her account after operating the account satisfactorily for 6 months

  • Enjoy a concessionary interest rate of 2% less than the Bank's commercial lending rate

  • No monthly account maintenance charges

  • Access to our suite of e-banking services 

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DEAR CUSTOMER

Requirements Needed in Opening Account

Kindly do well to have the following requirements:

  • Complete an Account Opening Form
  • Attach a passport-sized photograph
  • Provide a valid Ghana Card of signatories to the account
  • Provide residential address
  • Provide GPS address code
  • Google map extract to confirm the residential address
  • Original copy of the utility bill (e.g. electricity, water, telephone) not more than 3 months old or