At Commerce & Mortgage Bank, our General Savings Account is designed to help individuals, businesses, and institutions build a strong savings culture while enjoying modern banking convenience.
Features
Access to debit card for seamless transactions
Access to internet banking for easy account management
Access to SMS alerts for real-time updates
Opening balance requirement: NLe 100
Minimum operating balance: NLe 50
Direct deposit and cash transfer from savings to current account
Acceptance of cheque lodgment
Target Market
Our General Savings Account is ideal for:
Individuals seeking secure savings options
Associations and community groups
Small business outfits and private establishments
Government ministries, agencies, and parastatals
University lecturers and academic staff
Public servants
Documentation Required
To open a General Savings Account, please provide:
Valid National ID
Two passport-sized photographs
Recent utility bill (proof of residence)
Residential permit (for non-Sierra Leoneans)
ECOWAS ID (for regional applicants)
