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  5. Ordinary Savings Account

Ordinary Savings Account

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Ordinary savings is a passbook based savings account that allows holders to make deposits and withdrawals from BSB banking hall, Francistown branch and Post Offices in Botswana. The product also accommodates standing order facilities from the employer and other sources of funding. An interval between two withdrawals should at least be clear seven days. For minors below seven years of age withdrawals are permissible after attaining seven years of age.This is a visa card account that can be used in any visa ATM.

0 %
interest earned annually
P 0 .00
minimum opening amount
0 NO TAX
on interest earned

Product Features

  • Earns 1.75% Interest annually
  • Accidental death & disability cover
  • Accidental hospital cash back Cover
  • Interval between 2 withdrawals should atleast be 7 clear working days
  • Post office accessible
  • Interest earned is tax free
  • Free Monthly statement

Pricing

  • Account maintenance fee is P12 every month
  • Withdrawal fee(Over counter) is P2.00

Entry Requirements

  • Valid proof of birth certificate or passport for persons below 18 years of age.
  • Minimum Account opening amount is P50
  • Omang and passport for citizens and foreigners respectively
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How do I apply for a Ordinary Savings Account?

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BSB how_it_works 1

Print, fill and sign account opening form under downloadable.

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fill-BSB-form

Submit the signed forms together with account opening documents at BSB consultant/enquiries for account opening and issuing of passbooks.

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BSB how_it_works 1

After being issued with a passbook, fill the deposit slip and submit to the teller together with the minimum opening amount.

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BSB how_it_works 1

At the time of passbook collection, fill the deposit slip and submit to the teller together with the minimum opening amount.

How do I apply at the Post Office?

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BSB how_it_works 1

Print, fill and sign account opening form under downloadable.

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fill-BSB-form

Submit the signed forms together with account opening documents at Post Office Tellers for account opening and issuing of passbooks.

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BSB how it works
  • Once the account is opened you will be contacted to come and collect the passbook.
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BSB how_it_works 1

At the time of passbook collection, fill the deposit slip and submit to the teller together with the minimum opening amount.

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Click on the Edit Content button to edit/add the content.

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