Special Savings Account (CSE)
- Make savings
- Increase the value of your capital
The special savings account enables customers to deposit the part of their income that is not intended for immediate consumption in order to build up secure, interest-bearing savings.
Benefits
Flexible, interest-bearing savings that are fully available
- Risk-free precautionary savings
- Free deposits and free withdrawals
- Regulated annual interest rate
Attractive terms
- No management fees
- Payments are free and periodic (monthly, quarterly, half-yearly) with a minimum balance of 15,000 CFA francs
- Withdrawals can be made if necessary
- A good tip: remember to automatically top up your Savings Account to help your savings grow!
- There is no limit on deposits
Eligibility
Any natural person (retail customers or those involved in the professional’s private life) who meets the conditions for opening an account.
The same person may hold several CSEs. The CSE may be opened in joint form.
Documents required to open a works council (CSE)
- 1 recent passport photo
- Your national identity card
- Proof of address: electricity, water or landline telephone bill, tenancy agreement, or a certificate of residence issued by a public authority
- Payment in CFA francs only, with no minimum payment required
Withdrawals
By card at any BICIM ATM
Deposits
By cash deposit or bank transfer.
Initial deposit CFAF 25,000
Benefits
- Interest rate of 3.5% p.a. for deposits up to FCFA 10 million.
- Interest rate for deposits > 10 million: see bank conditions.
Term deposit IKA TONO
Benefits
Risk-free investment
- Your deposits are guaranteed and available at all times
Attractive return on deposits
- Benefit from an attractive rate of interest
- Regulated annual interest rate
Prepare for your future projects
- Your investment gives you easy access to credit to finance your projects: Car, property, consumer.
Invest as you wish
- Choose the amount and term of the investment from the opening date
Eligibility
Any individual or legal entity with a CAV with BICIM.
Amount and duration
No maximum limit
Deposit
A minimum deposit of FCFA 500,000 on subscription.
Rémunération
Fixed interest rate, known when the contract is taken out, determined on the basis of current market rates, the term and the amount of the investment.
Interest calculation
The capital and interest are automatically paid into the account at the end of the term.
Interest can be paid quarterly or annually.
Fiscal aspects
Bank interest is subject to Impôt sur le Revenu des créances (IRC).
Fees
In the event of early repayment, the penalty is negotiated when the DAT is opened.
Home Savings Plan
The Plan Epargne Logement (PEL) enables customers to build up interest-bearing savings at their own pace, so that they can eventually qualify for a home loan on favourable terms.
Benefits
- Save at your own pace: build up your capital with a minimum deposit of FCFA 20,000 per month over a maximum term of 60 months.
- Benefit from attractive interest rates: you’ll earn 5% a year.
- Benefit from a loan to become the owner of your home at preferential rates: you can take out a home loan to finance the purchase, construction or renovation of your home.
Nature
The PEL consists of a savings phase, followed by a property loan phase.
Eligibility
Any BICIM customer with a current account
Duration
- Minimum 3 years (tacitly renewable 2 times 1 year).
- Maximum 5 years.
Deposits
The minimum payment is 20,000 FCFA Initial deposit
An initial deposit of FCFA 50,000 must be paid into the PEL on subscription.
Maximum
The PEL ceiling/maximum cannot exceed FCFA 20,000,000.
Rémunération
Your savings earn interest at 5% p.y.
In the event of early withdrawal, the CSE rate is applied: 3.5%.
PEL Bonus
You receive a PEL bonus equivalent to 1.5% of the capital saved if you do not miss any contributions during the term of the contract.
Taxation/ Fiscal aspect
Bank interest is subject to income tax on receivables.
Project Savings Plan
The Project Savings Plan (PEP) is a contract that enables customers to build up initial savings for a medium-term project
Benefits
- An attractive return on savings
- can also take out a consumer loan on favourable terms.
Eligibility
Anyone holding a Compte À Vue (CAV) with BICIM.
Duration
The Projet Savings Plan (PEP) is a secure, high-performance investment. Customers benefit from a guaranteed gross return over the entire term of the plan.
There is a choice of two formulas:
- 12 months
- 24 months
Deposits
Minimum of 20,000 FCFA/month, maximum of 2,000,000 FCFA.
Remuneration
- Gross annual return on deposits: 3.75%. Interest is calculated on a fortnightly basis.
- Option to extend the savings period once, for 12 months.
Loan
- At maturity, the PEP entitles you to credit at a preferential rate.
- It enables you to borrow up to twice the capital deposited, excluding interest.
- It may not exceed FCFA 40,000,000.
