Account Purpose
This is a transactional account that can be used to receive and make payments.
A savings account for all persons aiming at accumulating wealth and
improving their wellbeing.
The account is suitable for walk-in customers and salaried employees
GWSA HAS THE FOLLOWING CHARACTERISTICS:
1. A customer earns an annual interest
- Wealthnet pays an interest rate of 4% per annum
2. Withdrawals from the account
- This account allows five free over the counter withdrawals per month and K200 charge on each extra withdrawal.
3. Book Balance
- Minimum book balance is K1,000
4. Account Closure
- Account closure charge within 6 months is K7,000.00
- After 6 months, the account closure charge will be K5,000.00
5. Account Statement
- Printed Statement charge is K600.00 per page
6. Monthly service charges
- Monthly service charge is K500.00
7. Access to Wealthnet Loans
- A customer can access Wealthnet loans if the account shows active transaction and that the account should at least be six months old
8. Kakupay Account
- The customer is given a free KakuPay Smart Money Mobile Wallet (with KakuPay Wallet, the customer is able to deposit or withdraw money from our agents across the country). In order to access KakuPay, a customer is required to dial *3008# on TNM or Airtel number or login using www.kakupay.com