Social Institutions Account

One Great Feature About This Account

Equitel has introduced an innovative “multiple approval” feature that eliminates the need for account signatories to physically meet to withdraw cash or co-sign cheques. The feature allows account holders to use their PINs as their account signatures. Through the “multiple approval” feature users first originate a request to withdraw cash on their Equitel menu. The request is then sent to other account signatories who in turn enter their individual PIN to approve the withdrawal request, making it easier for chamas and joint account holders to transact.

4 Reasons Why You Should Open This Account

1. This account requires no operating balance.
2. You will incur no charges while making withdrawals.
3. This account gives you access to customized loans.
4. This account has a multiple approval feature that ensures security of funds.