Take the first step towards managing your money better.

Domestic banking operationsPricing
Account opening Free of charge
Account maintenance fees in local currencyFrw 1,000
Account maintenance fees in foreign currencyUSD 2 Or Euro 2
Buying foreign currency (USD TO FRW)Negotiable daily
Selling foreign currency (FRW to USD)Negotiable daily
Commissions on cash withdrawal (of FCY) when cash bankedFree of charge
Commissions on cash withdrawal (of FCY) when received via transfer 1% of the withdrawn amount 
International banking Operations
Outgoing transfers FCY CommissionFlat fee of USD 20
Swift chargesFRW 15,000
Incoming transfer commission Free of charge
Online banking 
Internet banking FRW 1,000 per month
View account informationFree of charge
Download account statements (PDF, Excel, ….)Free of charge
Funds transfer (Single)FRW 1,000
Funds transfer (Bulk)FRW 2,500 up to 25 beneficiaries
Funds transfer (Bulk)Above 25 beneficiaries, FRW 100/each
Account balance inquiry Free of charge
Cheque book requestFRW 3,400 (24 pages) or FRW 7,200 (48 pages) 
E-Alert for debit/Credit transactionsFree of charge
Tax paymentFree of charge
Daily and past exchange ratesFree of charge
Utility bill paymentsFree of charge
Transfer (Single &Bulk) to mobile moneyFree of charge

Required documents

  • Two Passport photographs showing full face forward with a bright background.
  • Valid Proof of Identification of the signatory – Driver’s License or International Passport (bio data page), Residence Permit, or Work Permit.
  • Proof of Foreign Address as stated in the forms. For example;
    • Current utility bill not exceeding 3 months
    • Foreign Bank statement
    • Foreign driver’s license
    • Purchase invoice
    • Tenancy agreement /rent receipt
  • Proof of Income sources e.g. letter from the Employer, last 6 months’ pay slips.
  • A supporting Rwandan address / contact.
  • A Rwandan reference from an COGEBANQUE account holder.