Savings Account

These products provide customers with the opportunity to save and invest. We have an array of savings products from zero COTs to competitive interest rates, save with us today and earn with a difference tomorrow.

Skye Rainbow

Skye Rainbow account is a children's savings account. It is designed with special features that benefit parents seeking to save for their children's education and other needs. It is a fabulous way to get children saving.

Features

  • Opening balance of D500.00
  • Special interest rate of 1% above savings
  • Minimum operating balance of D500.00
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Account Opening Requirements

  • Completed Skye Rainbow Account opening form
  • Utility bill
  • Valid identification (Parents Drivers License/International Passport/National ID Card)

Benefits

  • The savings interest rate is attractive and competitive
  • Enable parents instil the importance of a savings culture in their children
  • Free gifts will be given during the product week.
  • Accepts lodgement of dividend warrants in the child's name without references

Skye Wise - Save and Earn

This savings product offers the individual the benefits of both the savings and current account benefits with the use of non-clearing cheque book.

Features

  • Monthly Interest paid on account balances (1% above normal savings interest rate).
  • Opening Balance of D2,000.00
  • Zero COT on account.
  • Availability of Customized Cheque book.
  • Accepts cash deposits, other bank cheques and dividend warrants.
  • Accepts Withdrawal from any of our branches.
  • Skye wise cheques cannot go through clearing
  • Minimum operating balance of D2,000.00

Account Opening Requirements

  • Complete account opening package.
  • Two passport Photographs.
  • Accepted means of Identification.
  • Utility bill.

Benefits

  • 3rd party withdrawals allowed
  • No COT.
  • Account holders are issued cheque books although it is a savings account.
  • Account holders enjoy the benefits of the bank's on-line facility as payment and withdrawal can be made at any of the bank's branches irrespective of where their accounts are domiciled.
  • Dividend warrants and other forms of third party payments are allowed (with suitable references in place).

Skye Save

Skye Save Account is a standard savings a/c designed to meet the savings needs of all individual adults (male & female) and professionals of 18 years and above. The individuals include but not limited to: Civil Servants, Workers, Traders and other prospects in the middle and lower markets.

Features

  • Initial minimum opening deposit of D500.00.
  • Minimum balance of D500.00.
  • No 3rd party withdrawal.
  • Attractive interest on Average Monthly Balance

Account Opening Requirements

  • Two passport Photographs.
  • Accepted means of Identification.
  • Issuance of Bank drafts allowed
  • Complete account opening forms.
  • Utility bill.

Benefits

  • Cheques/Dividend Warrants lodgements allowed (with suitable references in place).
  • It enables account holders instil savings culture in themselves for their future needs.
  • Issuance of Bank drafts allowed

Skye Treasure

An account designed to cater for the needs of our customers in the middle and lower classes.

Features

  • Account is opened with a minimum of D400.00,
  • Minimum balance of D400.00,
  • Accounts can be opened with other verifiable ID cards such as association ID, Third party identification, etc
  • Attractive interest on Average Monthly balance
  • A maximum deposit threshold of D200,000.00

Account Opening Requirements

  • Complete account opening package.
  • Two passport Photographs.
  • Association ID.
  • Utility bill

Benefits

  • Create a savings culture for the un-banked
  • Customers can now operate a bank account without the rigors of documentation.

Skye Wise Classic Account

Skye wise Classic is a savings account with Current account features. It is targeted at Cooperative Societies, Clubs, and Associations. It is a non-COT account that allows customers the use of third party cheques.

Features and Benefits

  • Opening balance D10,000
  • Minimum balance D10,000
  • Interest is 1% above normal savings interest.
  • Interest on account
  • Customized cheque book for withdrawals
  • Allows for third party withdrawals
  • Allows lodgement of cheques and dividend warrants.(With correct references in place)
  • Non COT on all cash transactions
  • Availability quarterly statement of account
  • Access to free financial advisory services

Account Opening Requirements

  • Complete account opening package.
  • Two passport Photographs (For each Signatory)
  • Accepted means of Identification (For each Signatory)
  • Utility bill.
  • Minutes of Meeting/Resolution authorizing the opening of the account and the nominated signatories.
  • Duly completed Reference Forms (For lodgement of cheques and dividend warrants & For Associations and Cooperatives).
  • Letter of Introduction for associations on Letter headed papers.( For Associations and Cooperatives)
  • Copy of Constitution
  • Copy of certificate of Registration of the Association.
  • Address Verification.
 

How may we help you?


 

0700 SKYEBANK
+220 441 4370
+220 441 4371
+220 441 4372
+220 441 4373
+220 441 4374
+220 659 8630

Email: info@skyebankgm.com