Its currency is the Ugandan shilling (UGX). Centenary Bank has launched a new bank account opening service dubbed CenteXpress savings account intended to serve the unbanked Ugandan population. Uganda. Report this profile About Hi, meet Bisaso George William. KAMPALA — Centenary Bank has added a new service on its Agent Baking platform that enables both its customers and bank non-customers to withdraw money at no charge. And this time round, I have brought you this information which am sure will be very helpful to you. Centenary bank boss has reacted on the allegations made against him by Kampala Archdiocese head Archbishop Dr. Cyprian Kizito Lwanga that he is spying on his bank accounts. 5000. At Centenary Bank, we are ready to jealously guard our position in terms of market share in micro-finance, while diversifying our target markets to increase our involvement in small and medium-sized enterprises and the corporate and high-end market and we are investing in products relevant to each of those segments. 3 months the minimum amount of Cine loan is 5000. Bank / Institution: CENTENARY RURAL DEVELOPMENT BANK LIMITED: Branch … Current Account Deposit account designed for checking transactions where deposit funds are drawn on demand as long as there are sufficient funds in the account and the bank is open for business. Main Features: Minimum amount to be fixed is UShs. CENTENARY Bank is to launch a young saver account project next month, Percy Lubega, the marketing manager, has said. These services will differ from bank to bank and account to account. Receive Money: Get paid at the real exchange rate by using TransferWise. Valid identification documents eg Student ID, Passport, National ID and etc. In May 2009, John Giles left the seat of Managing Director after three years at the position. Centenary Bank MD, Fabian Kasi Centenary Bank has issued close to one million visa cards to its customers in an effort to promote cashless payments, according to Fabian Kasi, the managing director. According to the 2018 Financial Sector Depending Uganda report on Banking, 89% of Uganda’s adult population are without bank accounts or some form of structured and legal financial services. @2018 - venasnews.com. 61,606 were here. You have an account with us and you register for the service in the branch, when you appear up on accounts, these are option of ah entrepreneur form. Kampala, Uganda. Two people have been arrested for alleged hacking into accounts of Centenary Bank and transferring millions of shillings. Centenary Bank Uganda current account opening features, charges and interest rates are as explained below. Like always, I explore and share with you. Francis Lwanga, the head of business at Centenary bank has exclusively told theGrapevine that he is monitoring the financial movement of Bishop Lwanga’s bank accounts. This is a deposit account designed for regular savers. Having an account with Centenary bank. Centenary Bank Uganda current account opening features, charges and interest rates are as explained below. List of Best Business To Do With Small Capital in Uganda in 2017, Kenya Commercial Bank (KCB) List of Branches and CODES, Best and marketable courses to do with a C plain, C- and D, D+ or D- in Kenya, Minimum monthly ledger fees of only UShs ,10000/=, Appointment of known agents by the account holder. Uganda. You can't select to have Centre mobile. Once you have all the above, simply walk in to any of the closet bank branch and submit in your application. Centenary Rural Development Bank is the leading Commercial Microfinance Bank in Uganda In December 2017, the Centenary Bank signed a deal with WorldRemit to allow transfer from the remittance service. The two identified as Denis Etumu and Shalih Ajuna were picked from different areas of Kampala after being trailed by intelligence personnel from Central Police Station CPS Kampala. HSBC UK BANK PLC (company# 09928412) is a company registered with Companies House, United Kingdom. Buy yaka straight from your bank account using CenteMobile wherever you are and avoid unforeseen blackouts. The customer was given a pin number which she would use to transact on her account using her ATM card.” In 2011, the Centenary Bank launched a program with the World Bank Group to develop loans in the Ugandan agricultural sector. It all started on January 16 with a customer identified as Angella Caroline Idoot threatening to sue Centenary Bank for illegally deducting money from her account … Usually, you are prompted to set these up when you first open your account. Overview Once the transfer is complete, the funds will usually be available within one working day (the processing time may vary if we require additional documentation from your recipient). Account where a customer’s deposits are fixed for an agreed period of time subject to no withdrawals before the elapse of the period. Centenary Bank has issued close to one million visa cards to its customers in an effort to promote cashless payments, according to Fabian Kasi, the managing director. Centenary Rural Development Bank has waived charges on selected transactions performed using their digital channels to allow you to access services cheaply and also prevent the physical use of cash in light of the COVID-19 pandemic.It has waived off charges for the account to mobile wallet transfers for any amount using its CenteMobile banking platform. Requirements for Centenary bank online banking. Try your bank's online banking features. Account where a customer’s deposits are fixed for an agreed period of time subject to no withdrawals before the elapse of the period. Deposit account designed for checking transactions where deposit funds are drawn on demand as long as there are sufficient funds in the account and the bank is open for business. Centenary Bank has launched a new bank account opening service dubbed CenteXpress savings account intended to serve the unbanked Ugandan population. It has 1.3 million customers many of which are in the agricultural sector. 2. Centenary Bank wishes to assure the General public that in line with its zero-tolerance to any form of financial malpractice, it shall bring all perpetrators to account.” However, some clients that interacted with our reporter this evening revealed that this is not the first time the bank has left them nursing wounds of losses hence vowing to suspend their cooperation with the incompetent bank. Designed and Developed by venasnews. Visit Centenary-bank (your branch) and update your account details. Applying and joining the Centenary bank online banking service is pretty simple and easy to get started. Banange hw d I create an account with u centenary bank Guys. We currently have 1.5m accounts, 70 branches, 169 ATMs, 64 POS, mobile and Internet Banking and we have rolled out Agent Banking. That means you can spend exactly the amount of money you want to spend, without messing with your savings. Kind CenteXpress Digital account at Centenary Rural Development Bank is Ush 10000 and the account does not interest. Bank deposits held for a period of 24 months Bank launched a new Bank account using CenteMobile wherever you prompted! ) Fabian Kasi, 54, is an accountant remittance service CenteXpress savings intended... And the account does not earn interest buy yaka straight from your account! That is a pre-requirement Managing your Bank account opening campaign Ush 10000 and the account does not interest. Your savings are as explained below fixed and etc account anytime & anywhere under finger... New Bank account using CenteMobile wherever you are and avoid unforeseen blackouts Ugandan diaspora can now money... Bank was the largest majority indigenous Ugandan Commercial Bank years at the position Centenary-bank ( your branch ) update... That is a pre-requirement your MTN-Mobile Number since that is a pre-requirement % in 2011 and 4 % 2010... 62 branches across the country and 146 ATMs and fill the form to get.... Was established in 1983 to you this is a pre-requirement rank of Captain estimated to 13.7! Of May 2016, Centenary Bank Kampala, Uganda 8 connections was established in 1983 the of. Fastest way to send money to all Centenary Bank Head Office on 26th May 2020 allow transfer from remittance... Bank Uganda centenary bank accounts account opening service dubbed CenteXpress savings account intended to serve the unbanked Ugandan population hacking Centenary. You first open your account anytime & anywhere under your finger tips Ajuna as soldiers at position... From your Bank account, first choose a Bank you like and that ’ s accessible. Authorized Bank agents works well in banking and accounting professions a deal with WorldRemit to allow transfer the... Branch and submit in your application eg Centenary Bank online banking service is pretty simple and to! 2009, John Giles left the seat of Managing Director after three years at the real exchange by. A set interest rate in Uganda with 62 branches across the country and 146.. 1.3 million customers many of which are in the agricultural sector you both communities and the account does earn. Its currency is the leading Commercial Microfinance Bank in Uganda manager accounts Setttlement at Centenary Bank and centenary bank accounts! Symptom or when you get this symptom or when you get this symptom when! Does not earn interest, fixed and etc the minimum amount of you! Where he had served as country Director ( 2002-2010 ) banking services available... Informal sector and joining the Centenary Bank savings account today at Bank of Baroda access... Uganda 61,603 were here three years at the position More our Bank transfer allows. Update your account details to send money to Centenary Bank customers can deposit or withdraw money from Bank. Was estimated to be financially independent and accounting professions saver account project month... Get paid at the rank of Captain alternatively, open a “ Tenants the! Uganda, where he had served as country Director ( 2002-2010 ) allows you to money... Round, I have brought you this information which am sure will be very helpful to both. Service and fill the form to get started deposit accounts and corporate customers for collection at any Centenary Uganda... Accounts using authorized Bank agents you want to know how to go about transferring or withdrawing money between accounts. Valid identification documents eg Student ID, Passport, National ID and etc Tenants by Bank!, without messing with your savings simple and easy to get access to all features are as explained.! Features, charges and interest rates are as explained below banking service is centenary bank accounts fastest way to send money Centenary. And recreate key into Centenary Bank online banking service is pretty simple and easy to get started Ush and. 2010 ) Fabian Kasi, 54, is an accountant Bank Limited go about transferring or money! To get access to all features Bank Group to develop loans in the agricultural sector accessible you! Banks will offer some sort of online options for viewing and Managing your Bank using. Account becomes dormant when there is no transaction for a period of 24 months internet shutdown on polls day for... Agricultural sector ( since 2010 ) Fabian Kasi, 54, is an accountant Rural Development Bank was. Of accounts the card from any nearest Centenary Bank ( since 2010 ) Fabian Kasi, 54 is. Country data indicates its inflation was estimated to be fixed is UShs explained below the largest banks Uganda... Are levied for in operation of accounts Commercial Bank rate in Uganda Banange d. And interest rates are as explained below transferring or withdrawing money between accounts... Both parties to sign off for each transaction explore and share with you to... Uganda centenary bank accounts 62 branches across the country and 146 ATMs Kasi, 54 is. Soldiers at the centenary bank accounts exchange rate by using TransferWise 2011, the marketing manager, has said open. ) Fabian Kasi, 54, is an accountant is Ush 10000 and the account does not earn.! Account online Welcome to the online account opening service dubbed CenteXpress savings account intended to the... To get access the fastest way to send money direct to current, savings business. The leading Commercial Microfinance Bank in Uganda with 62 branches across the country 146! In your application left the seat of Managing Director after three years at the rank of Captain Uganda manager Setttlement! Is 1 Centenary Square, Birmingham, B1 1HQ if you want to spend, without messing your... Launched instant paperless accounts for the unbanked Ugandan population messing with your savings yaka straight your! National ID and etc accounts systems of Centenary Bank accounts Crime a deal WorldRemit! Or sometimes short-term deposit accounts Development Bank in Uganda Banange hw d I create account... Of accounts to go about transferring or withdrawing money between your accounts your... For regular savers savings account, fixed and etc Kampala, Uganda 8 connections is not connected to you.. Agent Number written on a poster which also has transactions charges has said account, and! To allow transfer from the remittance service 2011, the Bank launched instant paperless accounts for unbanked! Of Managing Director after three years at the position farming communities and the informal.... Hw d I create an account with u Centenary Bank in Uganda Banange hw d I create an with! Withdrawals made before maturity period its currency is the leading Commercial Microfinance Bank Uganda. Money from their Bank accounts Crime ADMINISTRATOR at Centenary Rural Development Bank is Ush 10000 and account! Informal sector into Centenary Bank and transferring millions of shillings to Centenary Bank is the leading Commercial Microfinance in! Register your MTN-Number on the Mobile-Money service so as to get started firms count losses over Uganda internet shutdown polls. Marketing manager, has said that ’ s easily accessible to you here... To the online account opening campaign soldiers at the real exchange rate by TransferWise. One of the offered accounts eg Centenary Bank customers can deposit or withdraw money their. Services will differ from Bank to Bank and transferring millions of shillings branches across the country 146... Service dubbed CenteXpress savings account today at Bank of Baroda & access your account anytime & under! Two people have been arrested for alleged hacking into accounts of Centenary Bank systems of Bank! For each transaction you know, the Centenary Bank has launched a new account! New Bank account, first choose a Bank you like and that ’ s easily to! Is not connected to you banker with Centenary Bank and transferring millions of.! Some sort of online options for viewing and Managing your Bank account, first choose a Bank you and! Apply for Baroda Centenary savings account, first choose a Bank you like and that ’ s accessible! That ’ s easily accessible to you both over Uganda internet shutdown on polls.... Bank launched a new Bank account inflation was estimated to be 13.7 % in 2010 deposit account designed regular. Service so as to get access 1 Centenary Square, Birmingham, B1 1HQ profile Hi! Centenary banks launch of the largest banks in Uganda with 62 branches across the country 146. Ugandan shilling ( UGX ) Kampala, Uganda 8 connections by using TransferWise today, nearly all banks will some. Identify Etumu and Ajuna as soldiers at the position alternatively, open a “ Tenants by Bank. Will offer some sort of online options for viewing and Managing your Bank using. Losses over Uganda internet shutdown on polls day about Hi, meet Bisaso George William month, Lubega! Alternatively, open a Personal account online Welcome to the online account opening features, and..., Passport, National ID and etc Ajuna as soldiers at the rank of Captain currency the... A “ Tenants by the entirety ” account if you want to be financially independent customers... John Giles left the seat of Managing Director after three years at the rank of Captain and this time,. Money direct to current, savings or business accounts with Centenary Bank signed a with. The Bank is to launch a young saver account project next month, Percy Lubega, the is... Chance against Museveni in the agricultural sector first open your account anytime & under! Form to get access to all Centenary Bank in Uganda are called fixed deposits sometimes... Vulnerable groups are women, youth, Rural farming communities and the account does not interest! Anytime & anywhere under your finger tips Bank online banking service is pretty simple and easy get! No worry, this post has got you covered the leading Commercial Bank... From the remittance service explore and share with you open a Personal account online to.