A savings account for a group of individuals with a common cause. This account helps you reach your goal with better transparency within members.

With the Stokvel Account

• All Stokvel members who have access to the account can view account balances and receive account alert services
• All stokvel members can transfer funds from their yo swift account to the stockvel account for Free of charge
• Signatories can pay out to members' Yo swift personal accounts from the Stokvel account
• Free  statement download fom your Stokvel
• Signatories can invite members to your Stokvel

Benefits

• There is transparency. All members entitled and have access can view stokvel account via online
• Cash risks are mitgated . No cash handling risk. Yo swift at your Couch
• All payouts must be approved by atleast 2 signatories for security
• Access to statements and account History. This helps to know which member paid into the Stokvel account and which member was paid