Ecobank Sierra Leone Accounts – SEE HERE

By | June 17, 2021
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Ecobank Sierra Leone Accounts

Ecobank Sierra Leone Accounts: Below are the various accounts offered by Ecobank Sierra Leone.

Savings Account

The straight-forward, reliable way to save

We want to help you get the most out of your money and save for the future. The best way to do this is by opening an Ecobank Savings Account. This convenient account comes with an Ecobank PAC Debit Card, which gives you access to our network right across Africa.

Classic Savings Account

Helping you to grow your money

We’re here to help you make your money go further, and that includes saving for something important. Our Classic Savings Account will help you set a target and save for it. We’ll top up your savings with annual interest, while still giving you access to your money. However, you won’t accrue interest on what you withdraw.

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Classic Debit Card
Internet Banking
SMS and e-Alerts
Monthly e-Statements
Free standing order linked to Current Account

Advantage Savings Account

Get ahead. Express your lifestyle.

This clever savings account has all the features of a current account, as well as an attractive savings rate.

Advantage Gold Card
Advantage services
Different ways to bank
Rapidtransfer on Internet banking
e-Products

Premier Savings Account

Make your money work harder

A multi-currency savings account, linked to your Premier Current Account and designed to make your money work harder. This savings account offers you extremely attractive savings rates.
Premier Current Account
Premier Platinum Credit Card
Premier Platinum Debit Card
Bancassurance
Personal Loans
Available in both local and foreign currency
Asset management and trustee services

Student Banking Savings Account

Go direct and save for the things that matter

Whether you’re saving for a project or have a longer-term goal, you can save your money digitally, easily and conveniently with the Student e-Savings Account. The account comes with low banking charges too, if you continue to do all your banking electronically on our e-channels. You’ll be able to access a range of e-alerts, for when you make deposits or view account balances or statements on your mobile phone. In selected countries, you can also bank digitally at our new Direct Banking Centres.
Mobile banking
Internet Banking
ATMs
e-Alerts and e-Statements
Debit Card for Cashless Payments (POS)

Junior Saver Account

Helping you realise your dreams for your child

We’ve specifically designed the Junior Savers Account for children from 0-12 years old, called Ecobank Junior Savers. By making your child part of the banking process, you can help them be well-informed and financially smart from a young age.
Junior Savers Savings Account
Educational booklets
Mobile Banking
Internet Banking
ATMs
Unlimited cash withdrawal
e-Alerts and e-Statements
e-Debit Card for Cashless Payments (POS)
Competitive interest rates for deposits

MyFirst Account

Give your child the best start in life

MyFirst Account is our savings account specifically designed for children and teenagers aged between 0-17 years old. If you’re a parent, the account allows you to save money in your child’s name, which they can redeem when they are older. It’s the perfect way to save for their education or kickstart a fund for future projects.
  • Debit or Standing Order from parent account
  • In-branch education on the benefits of saving
  • Debit Card for Cashless Payments (POS)
  • Mobile Banking
  • Internet Banking
  • ATMs
  • e-Alerts and e-Statements

CURRENT ACCOUNTS

Classic Current Account

Straight-forward, everyday banking for everyone

Our Classic Current Account lets you manage your monthly income and bills. You can bank securely and conveniently online, and you’ll also have a Classic Debit Card, giving you 24-hour access to your money in over 1,200 branches across 36 countries.

Classic Debit Card
Internet Banking
Cheque services
SMS and e-Alerts
Monthly e-Statements
Free standing order

Advantage Current Account

Helping you and your family get ahead

Our Advantage Current Account is more than a current account. It offers all the day-to-day banking essentials you need, plus some convenient extras to benefit both you and your loved ones.

Advance Facility
Advantage Gold Card
Advantage services
Different ways to bank
Rapidtransfer on Internet Banking
e-Products

Available in both local and foreign currency

Premier Current Account

Banking tailored to suit your every need

The Premier Current Account offers you a personal touch you simply won’t find elsewhere. Along with having your own dedicated Relationship Manager available 24/7, you and your family will have access to a range of other preferential services.
Premier Current Account
Platinum Credit Card
Platinum Debit Card
Bancassurance
Personal Loans
Asset Management and trustee services

Diaspora Current Account

Looking after our heroes working away

We believe that people who work away from their home country are heroes, which is why we’ve designed the African Diaspora Account. It combines the account in your home country with the account where you work. So, whether you want to pay bills or move funds, you can transfer money easily and securely.

A dedicated Relationship Manager
Exclusive Diaspora Card
Internet Banking
International transfers
e-Statements
SMS and e-Alerts
Access to your money in 33 countries
24/7 banking
Easy billing

Student Current Account

Express yourself. Go Direct.

Ecobank Student Banking taps into the power of the digital world to help you express yourself and do things your way. All our e-accounts are offered with lower banking charges than normal, if you do all your banking on our e-channels. It also includes a range of e-alerts, for when you make payments or want to see a balance or statement on your account. In selected countries, you can also bank digitally at our new Direct Banking Centres.

e-Current Account
e-Savings Account
Mobile Banking
Internet Banking
ATMs
Direct Banking Centres
e-Alerts and e-Statements
Debit Card for Cashless Payments (POS)

Eligibility Requirements

Please ensure you can answer YES to the following questions:

Personal / Joint Account

Resident

  • Completed account opening form
  • 1 mandate card [ PDF ]
  • A valid proof of Identity of each signatory (current Driver’s License/ National ID/ International passport/ Student ID card-for students)
  • Proof of address – utility bills for the 3 previous months/ site visitation report/ certificate of residence/ tenancy agreement
  • 2 passport photographs
  • Employer’s letter of introduction (for salary account)
  • Residence permit – if a foreigner
  • Answer questions on “Know Your Customer (KYC) document”

Non Resident

  • Completed account opening form
  • 1 mandate card [ PDF ]
  • A valid proof of Identity of each signatory (current driver’s license/ International passport) – duly notarised
  • Proof of address – Utility bills for the 3 previous months/ certificate of residence/ Tenancy agreement/ Credit card statement – duly notarised
  • 2 passport photographs
  • Employer’s letter of introduction / payslip/ tax clearance certificate/ bank statement – duly notarised
  • Answer questions on “Know Your Customer (KYC) document”

Country specific additionnal requirements

  • Proof of earnings (Senegal, Central African Rep.(CAR), Chad)
  • Tax Identification Certificate (The Gambia)
  • 2 References (Nigeria)
  • Alien ID in place of residence permit (Kenya)
  • 2 letters of introduction (Kenya)
  • PIN certificate (Kenya)
  • National Health Insurance Card as form of ID (Ghana)
  • Student “Supplementary form” or “Admission form” as a form of identification for students individual account (Ghana)
  • Thumb print of the authorized signatories of the accounts – Mandate Card (Tanzania)

NB: Non-Resident accounts may be subject to specific requirements in accordance with the regulations of each country. Our Customer Service officers are available for further clarification. Copies of documents should be notarized by foreign authority for non-residents.

SEE ALSO:

Sierra Leone’s banking system is overseen by its central bank, the Bank of Sierra Leone and twelve commercial banks operate in the country.

All commercial banks are headquartered in Freetown. Accounts can be held in foreign and domestic currencies. While automatic teller machines are available in Freetown and other parts of the country, credit cards are not widely accepted. Transfers of over US$10,000 in value must be sent through the banking system with the objective of ensuring transparency.

Banks cannot lend in foreign currencies, which is a limitation on local business expansion. This can in turn impact the supply chains of large foreign-run businesses.

Currency can be freely converted in Sierra Leone, subject to availability. The Leone is not pegged to a foreign currency and has a floating exchange rate. The Leone has been subject to depreciation since mid-2014 due to declining inflows from the mining sector and, from mid-2015 onwards, a winding-down of Ebola-related donor inflows. Accordingly, the official US$/SLL exchange rate has moved from approximately Le 4,310 in August 2014 to approximately Le 8,600 in February 2019. Typically the US dollar trades in the unofficial, parallel currency market at a premium of 5-10% to the official exchange rate. The continued dollarization of the economy affects the exchange rate.

 

This is a list of commercial banks in Sierra Leone

 

 

Commercial banks

Sierra Leone Commercial Bank (SLCB)

Standard Chartered Bank (Sierra Leone)

Rokel Commercial Bank

Guaranty Trust Bank (Sierra Leone)

Union Trust Bank

First International Bank

FBN Bank Sierra Leone, formerly International Commercial Bank

Access Bank Sierra Leone

Ecobank Sierra Leone

Skye Bank Sierra Leone

United Bank for Africa (UBA) Sierra Leone Main Page

Zenith Bank Sierra Leone

Keystone Bank Sierra Leone

Bank of Sierra Leone

 

Community banks

Mattru Community Bank

Segbwema Community Bank

Yoni Community Bank

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