BOA Business Current Account

A simple, easy-to-operate current account for both personal and business use.

This Business Current Account is available in UGX, USD, GBP, EURO and KES and offers you convenient access to your funds at any of our Branches or ATMs (for sole proprietors).

A cheque book linked to this account offers the flexibility of making payments without having to carry cash. You can also make arrangements with the bank to make regular payments from your account through standing orders.

A simple, easy-to-operate current Account for both personal use and Business (Companies and Partnerships)

  • Opening Balance: UGX 50,000, USD 100
  • Monthly Ledger Fees: UGX 11,500, USD 6
  • Transaction fee is UGX 1500, USD 0.6
  • Transactional Flexibility
  • A multi-currency account that allows you to operate in local and international currencies
  • 1 passport photograph of each signatory
  • Certified copy of Certificate of Registration
  • Certified copy of Registration Particulars of Business Name/any changes thereof
  • Trading license
  • Valid identification documents of signatories (Passport, Driver’s license,Employer ID Card, Financial Card)
  • Latest utility bill (Electricity, Water, Telephone bills. etc)
  • Certified Statement of Particulars of registered individual
  • 2 referees
  • PIN/TIN certificate
  • Six months statement from other banks (where applicable)
  • 1 passport photograph of each signatory
  • Certified copy of Certificate of Registration
  • Certified Statement of Registered Particulars of the Business Name/any change thereof
  • Registered/Certified Copy of Partnership Deed
  • Valid identification documents of signatories (Passport/Drivers license/ ID Card)
  • Latest utility bill (Electricity, Water, Telephone etc)
  • 2 referees
  • PIN/TIN certificate
  • Six months statement from other banks (where applicable)
  • 1 passport photograph of each signatory
  • Certified copy of Certificate of Incorporation (and/or any Change of Name)
  • Certified Memorandum and Articles of Association (and any amendments thereof)
  • Registered resolution of the Board of Directors sanctioning the opening of the account
  • Valid Personal Identification Documents of Signatories/Directors (Passport /Driver’s license/ID Card)
  • Letter requesting to open account on official Company headed paper
  • Latest utility bill (Electricity, Water, Telephone etc)
  • Certified Particulars of Directors and Secretary (Co. Form 7) or Certified Copy of the changes thereof ,or the Latest Annual Return
  • Six months statement from other bank (where applicable)
Apply for a BOA Business Current Account Now!