SERVICES
PAYMENT OF CIVIL SERVANTS, PRIVATE SECTOR EMPLOYEES AND CNPS PENSION
This service is to assist members who are civil servants, corporal body employees and private sector pensioneers to channel their salaries/pension through the union. This gives them an added advantage in accessing credit facilities as it serves as a guarantee for regular loan repayment.
AUTORISATION TO PAY (SPECIAL WITHDRAWAL SLIP)
This service gives the right to third party operations since the holder can through it; authorise the withdrawal of money from his/her account by a trusted person. This is highly recomended for groups and corporate bodies, as it eliminates the movemment of signatories to sign for withdrawal in the Union's office.
PAYMENT OF ELECTRICITY BILLS
The Union, in partnership with
Maviance Cameroon ltd, uses its services to facilitate the payment of electricity and water bills for members through our offices, at minimal charge.
PREPAID VISA CARDS
In partnership with
UBA Bank, BaFCCUL has introduced the service to reduce the movement with huge sums of money, that could results to loss of the money or pose personal security risks to costumers while traveling. It also facilitates the settlement of bills without handling cash, and serves as another safety measure. It also facilitates civil servants and salary earners to withdraw their salaries without lining up at the counter.
CREDIT LINE
This is a regular credit granted to BaFCCUL members who face financial challenges in executing contracts and supplies upfront. We assist our members with a guarantee regular credit to handle such challenges. This product is available to members with clean loan history, and who must have preseented to the union bills for contract to be executed from reliable Private or Government Agencies. The loan is repaid on contract terms at an interest of 3% per month.
CONTAINER CLEARANCE
This product is aimed to assist our members who bring in their containers from abroad and are in need of money to clear these containers. In other to benefit from this product, applicants must open an account with BaFCCUL and present the union with all bill of landing, givin an authorisation for the union to remove the containers. All early sales shall be used to repay the loan. The loan duration is a maximum of 3 months at an interest rate of 6% per month on reducing balance.
MONEY TRANSFER
We perform money transfer operations, both at national and international scale, via Ria Money, Smobile Pay, MTN momo and Orange Money. We also perform our banking transactions via MTN momo or Orange Money.