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Current Account
Current Deposit product is ideal for firm, companies, institutions, HUF, individuals etc., who need banking facility more frequently. This is one of the most basic and flexible deposit options, allowing transaction without limiting the numbers
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Key Features
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Eligibility
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Deposit amount
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Interest
- Any number of debits and credits are allowed in the account
- Debits in the account will be allowed without service fees which are related to business or personal loans availed from the Bank and also transfer of funds from one account to another account maintained within Bank of Baroda (Botswana)ltd of the same customer or any other customer.
- Cheque Book Facility:
Available - Overdraft/ loan facility:
Overdraft facility available by arrangement - Sweep in Sweep out facilities:
Sweep in Sweep out facility is available on balance above BWP3000 on request in from call account. Interest is payable on call account as per applicable rate. - Service Charges:
As declared by the Bank from time to time
Individuals business firms companies, associations, society etc.
Minimum P3000
Maximum No Limit
No interest is payable in the A/C
Need Assistance?
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What is a Current Account at Bank of Baroda Botswana?
A transactional account for businesses/individuals with unlimited withdrawals, no interest.
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Who can open a Current Account at Bank of Baroda Botswana?
Individuals, firms, companies, associations, trusts.
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What are the key features of a Current Account at Bank of Baroda Botswana?
- No
- No cheque book (since 01.2024).
- Overdraft facility
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What documents are required to open a Current Account at Bank of Baroda Botswana?
Varies by entity (e.g., ID, business registration).
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Is there a minimum balance requirement for a Current Account at Bank of Baroda Botswana?
The minimum balance requirement P3000.
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Are there any charges associated with a Current Account at Bank of Baroda Botswana?
As per bank’s service charges (e.g., cash withdrawal fees).
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How can I apply for a Current Account at Bank of Baroda Botswana?
Visit a branch with required documents.
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Can I access my Current Account online at Bank of Baroda Botswana?
Yes, via FEBA-Ibanking.
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Can I convert my Savings Account to a Current Account at Bank of Baroda Botswana?
Yes, subject to bank approval and minimum balance requirements.
