The Postal Giro Account is a means
of payment well appreciated by its users. It manages
a great volume of money through CCP accounts of third
parties as any other bank. This service has the benefit
of being reachable for most of the customers through
the 29 post offices all over the country. It ensures
operations of transfer, issuing and payment of postal
money orders. It channels deposit funds of any kind,
manages the overdraft operations (monthly or quarterly)
of public servants whom it ensures the payment of
salaries.
Mission
The main objective of the postal giro accounts is
to promote the development of written payments and
to facilitate the operations between creditors and
debtors by giving them more security.
Coverage.
The Postal Administration has a network of 29 offices
in the country, which offer postal giro cheques services.
The various partners are individuals, public and
private organisations. Actually, we have 49,000 sight
deposits accounts.
The RNP ensures the payment of public servants’
salaries, the University of Burundi students' scholarships
as well as those of private universities who request
it.
Benefits.
- decentralised network over the whole national territory
- reachable by all professional classes
- at the opening, a minimum of BIF 3,000 only gives
the right to a cheque book
- the tariffs for the different operations are less
than those in other financial and banking organisations
on the market.
How to open a Postal Giro Account?
Individuals, companies, trade organisations, associations,
and other public or private organisations can open
postal giro accounts.
The forms for the opening of accounts are filled according
to the regulations and the documents to be produced
depend on the account holder, being an individual
or a legal entity. A minimum amount of BIF 3,000 is
required to open an account.
Prospects of the Postal Giro Accounts
There are ongoing studies for the reorganisation of
the Postal Administration and the introduction in
this service of management practices similar to those
of the banking sector.
- To establish a computerized network in all the postal
offices in order to have the transactions operated
with immediate effect.