OPPENING AN ACCOUNT WITH US IS FAST, EASY AND COMES WITH ENDLESS BENEFITS

ORDINARY SAVINGS ACCOUNT:

The Savings account allows you to save and generate interest on one’s savings. It offers the advantage of being available at any time. It can also be used as initial contribution or starting capital at the creation of company or project.

ADVANTAGES:

• This account generates interest
• Gives the right to a saving booklet
• Gives the right to a visa card
• Possibility to subscribe to Beneficial life insurance.
• Possibility to obtain a loan.

• 02 passport photos
• Photocopy of the ID Card
• Minimum amount at opening: 21,000 Frs
• Localization plan.

DAILY SAVINGS:

a daily contribution of at least 500 FRS and above. It is mostly for petty-traders and customers who don’t have time to come to the bank to serve money. Collection at workplace.

• Account opening is free
• Passbook is only 500 Frs to enable customers keep track of savings.
• Withdrawals at will.
• Collection is done at your business place or your place of work.
• Savings is from 500frs and above.

AGRO-PASTORAL FINANCING:

This account is for RIC customers involved in agro-pastoral chain. They benefit from medium term loan schemes destine to finance agro-pastoral activities. Direct beneficiaries are; Individual producers, rural micro-entrepreneur, and cooperative group or other professional organization and service provider in the agro-Pastoral sector.

• Existing or new customer of RIC SA
• Loan   duration from 18 months to 5 years
• No minimum amount
• Maximal amount of 50.000.000 Francs CFA
• At very affordable and encouraging interest rates per month.

RETIREMENT (OLD AGE) PENSION:

The old-age pension account is intended for pensioners. This account allows them to better manage their income and benefit from financial supports such as: Overdrafts, Loans,  Bank charges debited quarterly.

• 2 Passport sized Photographs
• Photocopy of the ID Card
• Last pay slip
• Localization plan.

STUDENT ACCOUNTS:

Tailored to suit the needs of students. Can be opened by the student or parent on behalf of their children.

If the account is in the parent’s name:

•  02 passport photos
•  Photocopy of the ID Card
• Minimum amount at opening: 5.500 Francs CFA
• Localization plan.

If the account is in the child’s name:

• Photocopy of the parent or guardian’s ID Card
• Photocopy of the child’s birth certificate
• Photocopy of the students ID Card
• 02  passport photos of the student
• 02 parent or guardian’s passport photos
• Minimum amount at opening: 5.500 Francs CFA
• Localization plan

NB: This account can be used as the basis for a school loan.

ISLAMIC ACCOUNT:

This account is designed base on Islamic fundamental principles   (Shariah) which believes in the equity participation and interest free. This account is open to the general public both Muslims and non Muslims. This account respects their religious and cultural identity. It prohibits the payment of interest.

• Minimum of 10.000FCFA to open this account
• Photocopy of National I.D Card
• Localization Plan
• Two passport size photograph

Benefits Of RIC Islamic Savings:

• No Account opening charge
• Benefit from SMS banking services
• Free account running cost
• Free gadgets and bonuses.
• Deposits and withdrawals at will

A Deposit Account is a form of saving in which the customer asks his financial institution to block a specific amount of money for a certain period. Here the deposit is remunerated at a rate agreed between the institution and the saver. The interest generated by the money invested is paid on an agreed date.

• This product offers you the opportunity to earn up to 8% Interest on your deposit
• Minimum   Start-up Amount = 500,000 Francs CFA.
• Duration: It ranges from 06 months to 2 years renewable

A current account is great for managing your day-to-day finances. You can receive regular payments such as wages, benefits, tax credits or pensions into your account, and set up payments out of your account in whatever ways you find convenient.

SALARY ACCOUNT:

Employees of the public, semi-public and private sector, have access to the SALARY PACK of RIC SA. From now, make your salary transfer and enjoy exceptional advantages See advantages stated on our prospectus. Advantages:•   First loans are interest free•   Opening of account is free.•   Express loans are given on request•   salary overdraft•   Possibility to obtain loan from the first transfer.•   Fast treatment of your loan from school fees loan within 24H at an unbeatable rate);•   Possibility to make withdrawals in every RIC counter;•   Liaison( Distance) operations can be done in all the branches of RICs network;•   Insurance policy to cover loan upon death•   Pre-financing before your salary goes through •   Access your account anywhere with (sms alert, account balance, statements…)

• Stamped application addressed to the Minister of Finance-
• Certificate of effective presence in post, dated  not less than three months or a decree of pension and a judgment of inheritance for the pensioners of the Ministry of Finance
• Photocopy of a valid ID Card
• Localization plan of residence
• Most Recent Payslip
• Certificate of non-indebtedness in a sealed envelope (for any customer coming from another bank).

COMMERCIAL ACCOUNT:

Built for legal entities (commercial companies and some organizations). Suitable for all business sizes. Advantages: Your projects can be financed via this account. In addition to the financing of your projects, it gives right to free councils for a better orientation and follow-up of those projects; Its operation is simple and is appropriate for business.

• Trade register
• Copy of a valid taxpayer’s card
• Copy of a valid trading license
• An authorization  appointing  the signatories for public companies and LTDs
• The statutes for public Limited companies
• 1 valid photocopy of each signatory’s ID Card or passport
• passport sized Photograph of each signatory
• Localization Plan of the company certified by the taxation office
• Minimum deposit at opening: CFA Francs 50,000 for big business and 25,000 FRS for small business.