Post Bank Bakgotsi Savings Account

The Post Bank Bakgotsi Savings Account is designed for groups who have a constitution or written declaration of goals. The account is specifically safe as two signatories must always be present when making withdrawals. The Post Bank Bakgotsi Savings Account is for South Africans working together for a better future. It is developed for groups such as clubs, stokvels and societies. The Bakgotsi account helps these various groups reach their saving potential and keeps their money safe while it accumulates interest.

Post Bank Bakgotsi Savings Account Benefits:

• Record all transactions with a Savings book.
• There is no minimum or maximum balance.
• You can choose how long you want to save for.
• There is no monthly management or service fees.
• You will have unlimited online withdrawals.

To qualify to open a Post Bank Bakgotsi Savings Account, a group of individuals must have a written declaration of goals or a constitution. You will need three authorized signatories and two signatories must always be present when making withdrawals. This makes the Bakgotsi account safe, especially when money is withdrawn from the account.

You can apply for the Post Bank Bakgotsi Savings Account at your nearest post office. You will need to submit your constitution or set of rules upon application. You will need to present your identity document and proof of resedencial address of all signatories.

Post Bank contact details:

Address: Industrie Wibsey,
Kent Ave,
Johannesburg, 1717

Tel: 0800 53 54 55
Email: [email protected]
Website: www.postbank.co.za

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