The account can be opened by:

• Individual fishermen
• Fish traders and processors
• Boat owners and crew members
• Registered fishermen groups or cooperatives
• Fishing industries

Typically required documents include:

• National ID or passport
• Passport-size photographs
• Letter from beach management unit (BMU), cooperative, or local authority (if applicable)
• Completed account opening form

Wavuvi Accounts have a low opening balance to support fishermen.

Yes. Fishermen can deposit money daily through:

• Bank branches or agents
• Mobile banking
• Cooperative or SACCO offices

Yes. Withdrawals are allowed to help fishermen meet daily needs, fuel costs, and emergencies.

Yes. Savings usually earn interest according to the TCB’s policy.

Yes. The account can receive:

• Payments from fish buyers
• Cooperative payments
• Government or NGO support funds

Yes. After saving consistently, fishermen may qualify for:

• Boat or engine loans
• Fishing gear loans (nets, hooks, cold boxes)
• Working capital loans

Charges are generally affordable and may include:

• Low monthly maintenance fees
• AFFODABLE Transaction or withdrawal charges

Yes. Wavuvis Accounts support:

• Mobile banking
• SMS transaction alerts
• Agent banking services

Yes. Registered fishermen groups and cooperatives can open Wavuvi group accounts with approved signatories.

Yes. The account is secure through:

• Banking security systems
• Identification requirements
• Multiple signatories for group accounts

Yes. Account details can be updated by visiting any TCB branches with valid identification.

Because it helps fishermen:

• Save income safely
• Manage daily and seasonal earnings
• Access affordable loans
• Grow their fishing business