Account Types

This account is designed and attractively packaged for workers in Government, Public and Private Institutions whose salaries route through YARB.

Benefits

You can open salary account with any amount.
Cashless accounts may be allowed for institutional schemes.
Free SMS alert on all transactions.
Salary loans at a very reduced rate
Loan duration up to 5 years
Credit line with a competitive interest rate with a duration up to 6 months
Interest free Salary Advance available
Loan insurance cover against death and permanent disability

A current account is an account for day-to-day use. Two or more people can set up a current account together and call it a joint account. It works like a current account, except each person has a cheque-book and card.

FEATURES

Cheque book provided
Customer can withdraw cash on demand
Minimal commission on turnover (COT)
Provides access to loans and overdrafts
SMS alert services provided on all deposits and withdrawals

A small opening balance required, no notice of withdrawal needed and no need to ensure that regular payments are made. Savings accounts produce a steady and certain return.

FEATURES

Customer makes deposits on any working day
Accounts attract interest quarterly at a rate which varies with minimum balance maintained and other industry indicators.
Customized savings withdrawal book provided upon request
SMS alert services provided on all deposits and withdrawal transactions
Door step banking provided by dedicated Sales executives.

This innovative product allows people with small cash holdings and those who find it difficult to leave their homes and work places the unique opportunity to save with the bank.

FEATURES

Customer makes deposit with any amount.
Door step banking provided by dedicated Sales Executives
Has been the industry’s standard dummy
Accounts attract interest quarterly periodically at a rate which varies with minimum balance maintained and other industry indicators.
Eligible for Susu loan after 30 days of contribution.

Loan insurance cover against death and permanent disability

A Savings Account that can only be opened by parents and guardians in trust for their children or wards, to save towards the child’s personal and educational upkeep. All that one requires is to have an account with us and he or she can run this investment account towards the wellbeing of their children.

FEATURES

High interest yielding investment account on behalf of children and wards.
No commission on turn over (COT).
No account maintenance fee.
Investment to be maintained for a minimum of three (3) years.

Transfer of money to every nook and cranny of Ghana made possible through over 144 RCBs countrywide, the single biggest network of banks so far. It is fast, safe and convenient. International Money Transfer: Receive your foreign remittances from any of our branch’s courtesy of Western Union, Money Gram etc.

Services Packages;

YARB Mobile
E – zwich
Mobile Money
Western Union
iDeposit

This account accounts’ is specially designed to assist new and existing church for effective savings habit and interest bearing.

Features

You would be given cheque books
Unlimited withdrawal rates
You can access other loans with this account.
A legally Registered documents covering the Church/Institution
A valid ID (National ID) for all signatories
1 passport-size picture
Completed account opening form

This account is specially designed for women in the SME market to build up the habit of savings and could access loan facility to argument their working capital.

Features

Minimum of GHS 10 to open the account
Access loan facility after three months of account operations
An interest-bearing account
Discounted interest rate on loans and overdrafts
Same features as savings account
Free Withdrawal booklet

We are introducing a new banking product called YARB Special Account. Customers can withdraw unlimited amount as well as earn interest daily on the remaining balance. Special Account can be as a personal or Corporate Account at any of our branches.

Features

Initial deposit of GHS 200.00 and operational balance of GHS 20,000.00 for Individual Current Accounts.
Initial deposit of GHS 500.00 and operational balance of GHS 50,000.00 for Corporate Current Accounts.
No COT is charged on the account
Unlimited withdrawal
Can transfer to other account
Free e-Alert
Free Monthly e-Statement

Family Banking is a product in YARB Bank that allows individual members in a family to group all their respective accounts under one Family Savings Account Name or Family Id. These accounts can be Savings Account, Fixed Deposit, Recurring Deposit. All you have to do is link you family members’ accounts with your Privilege Savings Account. You need to maintain a lower minimum monthly average balance at the family level.

Features

One Family Savings Account,
Routine transactions such as bill payments,
Help your entire family enjoy the advantages of our special services
Funeral expenditures and emergency financial assistance to the family ie School fees and medicals