Centenary Rural Development Bank - Other Services - School Fees Payment Service

9/10/11 12:06 PM

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School Fees Payment Service

The Bank accepts school/tuition fees payments from Customers whether one has an account with Centenary Bank or not. Customers are free to choose any of the two payment options:

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Deposit Products
Savings Account Cente junior Account Cente Plus Account Current Account Fixed Deposit Account

Cash Payment Option

The Bank accepts cash deposit payments for school/tuition fees for students studying in educational institutions that have school/tuition fees collection accounts in the Bank. The Customers fill banking slips for school/tuition fees payment and hand to the cashier together with cash at any of the Banks Branches. The transaction charge for the service is only UShs. 2,000/=.

Foreign Currency Products

Foreign Current Account Foreign Savings Account Foreign Fixed Deposit Account Processing of Foreign Currency Cheques Foreign Exchange Buying & Selling

Benefits:
No need to have an account with Centenary Bank. Service is available at only a small fee of UShs. 2,000/=. Payment can be made at any of the Centenary Bank Branches. If you are a Centenary Bank customer, you also have the option of accessing the EFT Direct Debit Transfer Option.

Credit Products
Micro Business Loan Agricultural Loans Animal Traction Loan Commercial/SME/Corporate Loans Automatic Loan Bank Overdraft Temporary Loan CenteLease Home Improvement Loan (HIL) Salary Loan CenteEducation Loan Solar Loan DANIDA Agricultural Loan DANIDA Business Loan DANIDA Investment Loan Veterinary Association Loan Scheme (VALOS) School Loans Rockefeller Farmer Guarantee Program (RFGM)
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EFT Direct Debit Transfers Option

Considering the problems customers face during payment of school fees especially that of long queues is commonly attributed to the Cash Payment Option at the teller cabins, the EFT Direct Debit Transfer Option facilitates the transfers of fees from the parents/guardians accounts to the educational institutions' account electronically provided the customer has executed a Direct Debit Agreement (DDA). The DDA which is available at educational institutions when executed authorizes the Bank to collect fees from the parent's/guardians bank account for electronic transfer to the educational institutions bank account.

Benefits:
Removes the inconveniences and pain parents, guardians and students face when paying fees. Saves time, which can be more productively and economically utilized by customers. Minimizes the risk of loss of money through con men and unscrupulous children. Improves operational efficiency of banks as it removes long queues in banking halls. Less deployment of security and staff to handle the influx of periodic payments. Modern and safer process of making payments. Reconciliation process is automated which makes it easier for the Bank to know who paid.
http://www.centenarybank.co.ug/products/others/school-fees-payment.php

Centenary Rural Development Bank - Other Services - School Fees Payment Service

9/10/11 12:06 PM

Eliminates the presentation of forged/fake bank slips by students to parents/guardians (inflated amount) or schools. Cultivates and consolidates a strong banking culture, and more bank accounts may be opened.

Guarantee Program (RFGM) Land Loan Scheme Collaborative Water & Sanitation Credit Scheme

E-banking Products
ATM Service (CentePoint) SMS Banking (CenteLine) PC Banking Service Western Union Money Transfer Telegraphic Money Transfers Real Gross Time Settlement (RTGS) Electronic Funds Transfer (EFT) Inter-Branch Funds Transfer

Other Services
Safe Custody Services Automated Bulk Salary Processing Standing Orders Bank Guarantees Water Bill Payment Service Electricity Bill Payment Service School Fees Payment Service Treasury Bills/Bonds Dealership Service

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Customer Services
I made a deposit at the ATM, when will it be posted to my account? Can I change the PIN of my CenteCard (ATM card)? What happens if the Centepoint (ATM) captures my CenteCard (ATM card)? What do I do if I lost my card? What happens if I forget my PIN? What should I do if I think someone has my access codes? How do I get connected to SMS Banking?

http://www.centenarybank.co.ug/products/others/school-fees-payment.php

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Centenary Rural Development Bank - Other Services - School Fees Payment Service

9/10/11 12:06 PM

What services are available with SMS Banking? What services are available with PC Banking? How can I apply for PC Banking? What are the charges for PC Banking? How can I check the transactions and balance in my account? How do I set up Direct Debit Advise? Can I get information about my account by phone? What do I do if my cheque book is lost or stolen? Why don't I see my deposit posted to my account? If I made a deposit at the ATM, when will it be posted to my account? What do I do if I see transactions and/or charges on my account that I do not recognize? What can I do with PC Banking? How can I get set up for PC Banking? Can I change my PIN on my CenteCard (ATM card)? What happens if the Centepoint (ATM) keeps my CenteCard (ATM card)? What do I do if I lose my card? What happens if I forget my PIN? What should I do if I think someone has my access codes?
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Centenary Rural Development Bank Ltd., Phone: +256 414 251 276 / 7, +256 414 346 856, +256 414 232 393 Fax: +256 414 251 273 / 4 Address: Plot No.7 Entebbe Road, Talenta House, P.O. Box 1892, Kampala, Uganda.

http://www.centenarybank.co.ug/products/others/school-fees-payment.php

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