Bank of Kigali has launched a new banking promotion that targets members of the Rwandan Communities Abroad (RCAs), a campaign that is expected to run from February 15 through June 15 this year.

The campaign ‘Bank Home and Win Big’ has been organized in a bid to encourage Rwandans in the diaspora to save and invest back in Rwanda.  

"A raffle draw will be organized at the end of the promotion and three winners will be selected randomly from the list of all eligible customers,” reads part of the statement.

Bank of Kigali Chief Commercial Officer, Benjamin Mutimura said, "The 'Bank Home and Win Big' promotion establishes a strong link between diaspora individuals, their investments, and banking products and services in their home country. We want to encourage people in the diaspora to save and invest in their home country in a seamless manner. Our banking solution not only offers a wide range of products and services customized to the needs of Rwandans living and working abroad, but also ensures that their investment ambitions in Rwanda come true.

Eligibility criteria

Members from the Diaspora will be required to deposit a minimum of Rwf1,000,000 on a new or existing diaspora account and stand a chance to win one of the three prizes : 2 RwandAir economy return tickets to Kigali and a holiday package for two people valid for one year including a visit to Nyungwe forest park, transport (Kigali - Nyungwe –Kigali) and 2 nights’ stay (full board) in One & Only Nyungwe.

"If the winner is not in a RwandAir destination, BK will pay for the connecting flight to a RwandAir destination from where the passenger will be able to connect to Kigali.”

According to BK, the promo comes at a time when there are various benefits for Diaspora Banking including opening an account in currencies such as RWF, USD, CAD, GBP, EURO and CHF.

Customers with diaspora banking accounts are also given a dedicated account relationship manager, free account maintenance fees, free incoming transfers (No charges on received international transfers).

Withdrawals on Foreign Exchange accounts are also free of charge (Up to 5,000 USD or equivalent).

The benefits are extended to Fixed Term Deposits which are now provided in RWF & USD, Mortgage loans are now provided in RWF and USD.

BK’s remittance services also include access to the lender’s digital banking channels (BK App and Internet Banking), access to all cards (debit, pre-paid and credit cards) as well as Negotiable foreign exchange rates.

For more details about the diaspora promo email us at: diasporabanking@bk.rw