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