FAQ

Frequently Asked Questions

Though we have provided lots of information about us and how we serve you and what our working process and terms and conditions are etc. Here are frequently asked questions

Yes, you can send money from SOWOCCUL to another bank?

To become a member, you must 1. Be an Eneo/KPDC/DPDC worker 2. Fill out a membership form 3. Nominate a beneficiary 4. Pay 55,000 f.cfa for the purshase of shares / documentation fees 5. Present the following (Tax payers card, copy of ID card, Locali- sation plan, 02 passport size photo)

Absolutely yes because of it's : 1. Authentication and certification (legal status) 2. Solvency and the right level of statutory reserves (legal & other reserves) 3. Team of diligent professional staff with integrity.

A CAT1. Registered MICRO-Finance Institution- Created by Sonel workers for its workers and managed by the workers since 1997. Accreditation/COBAC/MINFINo: D-2001/05/ 00395

A Volunteer Board of Directors is voted by the General Assembly(GA) for a given mandate to ensure: - Proper credit union governance - Develop and harmonize strategies policies enacted by the state for the well-being of SOWOCCUL. - Follow-up and monitor the implementation of adopted policies and byelaws by management. The daily operational activities and implementation of BOD decisions are carried out by an appointed General Manager and his team.

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Our Products and Services

We make your life comfortable with our services.

Fast Transfer

Our Money transfer system is secure and easy. Send your funds to your beneficiaries within SOWOCCUL or to other banks. Transfer within SOWOCCUL is instant and to other banks may take less than 24 hours.

Deposit

Members are able to deposit their money through our several methods like in any of our branches or through mobile money or Visa or master card

Savings

our members are able to save at any time and in any of our branches

I had opened an account 5 years ago, I feel safe keeping my funds in SOWOCCUL. Their Deposit schemes plans are really helpful.

Adam Gilly

CTO, UYT

The is just awesome, best quality service ever I had. You can trust them and deposit your funds. Their Loan plans are really helpful

Maria Ahsan

Managing Director, YY

I had opened an account 3 years ago, I feel safe keeping my funds in SOWOCCUL. Their Deposit schemes plans are really helpful

Michel Johnson

Founder of ZZ

Best quality service ever I had. The money transfer system is just awesome. The beneficiary listing system makes it quite efficient.

John Smith

CEO of CY

Save Regularly, Borrow Wisely , Repay Promptly

The energy and satisfaction of our members is our main priority

4000

Members

500+

Total Loans granted

6

Total Branches

7+

Cities We serve

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