Burkina

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Savings accounts

Anyone can benefit from an instant-access tax-free savings account with a minimum opening deposit of 5,000 CFA francs and 3.5% interest rate.

Education savings account:

This personal savings account requires a minimum opening deposit of 40,000 CFA francs and cannot be accessed for a 9-month period. It is designed to cover expenses relating to children's education.

Project savings account:

This account requires a minimum deposit of 200,000 CFA francs and cannot be accessed for a 12-month period. Account holders have the option of taking out a loan to finance a future project.

Retirement savings account:

This personal savings account is designed to provide a supplementary pension for employees and self-employed workers. A minimum deposit of 100,000 CFA francs is required to open the account, which cannot be accessed for a 12-month period.

Health savings account:

This personal savings account is designed to cover healthcare costs for those who do not have health insurance. It requires a minimum deposit of 100,000 CFA francs and cannot be accessed for a 6-month period.

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