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Umma Account
A very special account for those empowering others.
Our Umma Account is a unique account for universities, charitable institutions, and non-profit organizations that assist and support the livelihood and empowerment of the people of Somalia.
Key Features & Benefits:
- Dedicated Relationship Manager
- Multicurrency account – USD, GBP, and EURO
- Access to international payments – Telegraphic Transfers (inward and outward)
- Minimum Operating Balance of USD 100
- Access to Internet Banking
- No cash handling fee
- Free monthly statements
- Customized deposit slips for universities and schools
- 50 leaf checkbook
- SMS notifications
Requirements:
- Minimum opening balance – USD 100
- Board resolution/mandate authorizing the opening of the account
- Certificate of registration/NGO Registration
- 2 passport size photographs for authorized signatories
- Copy of national ID/passport for authorized signatories
- Copy of national ID/passport for board members.
- Proof of location – P.O Box Number or Physical Address
- Applicable Charges
Cheque book charge – USD 10