Why you should partner with CABS, as an NGO!
May 2022; CABS recently introduced a suite of products tailored for the NGOs, its employees, and beneficiaries.
Among these products is an NGO Nostro account targeted at NGOs and charitable organizations which can be private voluntary organisations (PVOs), charitable trusts or unions, Universitas, cooperatives or associations formed for implementing donor-funded projects, just to name a few.
With the CABS NGO Account, Development Organisations can receive funds from offshore, through CABS’ network of fast and efficient correspondent banks.
CABS is setting the pace in providing financial services that are sustainable and aligned to the needs of the NGO value chain. The Bank has developed a cash disbursement card to help NGOs disburse grants to their beneficiaries. CABS boasts of a wide branch and agent network and is guaranteeing USD cash availability at its branches and USD ATMs.
Added to the NGO Account, CABS is offering group life assurance products to NGOs, staff mortgages, USD pensions, investment accounts as well as financing for capital projects.
Here is a sneak peek into the benefits of partnering CABS as an NGO:
- Nostro Accounts for receiving funds directly from offshore through our network of fast & efficient correspondent banks and locally through Nostro-to-Nostro account transfers
- Investment Accounts with Treasury or Unit Trusts
- A dedicated Customer Relationship Manager for truly personalised service
- Access to digital banking platforms (Internet Banking, Bulk Transfers,)
- Financing for capital projects
- Group Life Assurance
- USD Pensions
Contact CABS on ngo@cabs.co.zw for a simple account opening experience or learn more on https://www.cabs.co.zw/