Salary Account

Seamless Banking for Salary Earners

business environment Commercial Trust Bank

Who Is Eligible?

Our Salary Account is designed for individuals who receive regular monthly salaries, offering a simple and reliable way to manage income and everyday financial needs. To open a salary account, the minimum deposit required is 2,665 XOF.

To open your Salary Account, please provide the following:

  • Two recent passport-sized photographs
  • Valid means of identification:
    (National ID, International Passport, Voter’s ID, or Driver’s License)
  • Proof of residential address or visitation report
  • Initial deposit of 2,665 XOF
  • Two references or an introduction letter from your employer
  • Resident permit (for non-residents)
  • Free Cheque Book – Issued at account opening
  • Salary Advance Access – Borrow against your salary with ease
  • Nationwide Online Banking – Withdraw or manage funds from any branch
  • Loan Eligibility – Qualify for bank loans after three consecutive months of salary deposits
  • Flexible Loan Repayment – Up to 12 months repayment period on approved facilities
  • Competitive Interest Rates:
    • 25% per annum on salary overdrafts
    • Prime + up to 5% on approved loans
    • 2% one-time, non-refundable management fee on facility amount
  • Commission on Turnover (COT): 0.08 XOF per mille on total monthly overdrawn balance