This is a chequeing account which enables the customer to make payments to suppliers and associates (without necessarily visiting his/her branch) through the issue of cheques. A Current Account is ideal for carrying out day-to-day business transactions. With the Midland Savings and Loans Current Account, you can access your account anytime, anywhere, and deposit cheques at any Midlands Savings and Loans branch.
With a vast network of branches in Greater Accra, Bonsu Nkwanta, Juaboso in Western Region, and access to a multitude of ATM’s, you can keep track of all your transactions anytime. The features and benefits of this account type include:
Midland Savings and Loans offer you Doorstep Banking, a channel, which is convenient, secure and hassle-free. Now, you can enjoy the benefits of banking right at your doorstep. The Bank will arrange to render the services like Cash & Cheque Pickup and Cash Delivery, through our experienced staff.
Personalized cheques with client’s name printed on each cheque leaflet for enhanced security.
Fund transfer between Midland Savings and Loans accounts shall be carried out at no charge.
Register for Instant Alert service (SMS Banking) and receive updates on your account as and when the selected transaction take place – All these happen without visiting the branch or ATM.
Withdrawals can be made over the counter or by ATM.
Monthly statements are sent to customers upon request; including E-statements as well as hard copies by post. Additional statements request comes at a fee.
Currently the minimum initial deposit is: GHC 10.
Maintenance fee – 0.00125*T/O applied monthly (amount not exceeding GH¢20).
Requirements needed for opening this account are:
A valid ID (driver’s license, passport, voters ID).
2 passport size pictures.
Proof of residential address (Utility bill).
Letter of introduction from an employer (Optional).
Minimum deposit of GHC 10.
No restrictions on the products you can access.
Account opening is made easy and stress free.
This gives convenience to you as you are not restricted to your branch.
You don’t have to strain yourself in paying monthly obligations.
You have access to your funds without the added and huge risk of carrying cash.
All your money is safe and secured and all can be withdrawn any time.
Can have access to your money when others have closed for business.
You can monitor your deposits and be able to reconcile with your account statements.
The more you operate your account the more money you can qualify for.