At PECCU we have a rule according to which a member has the right to withdraw only 500,000 FCFA in their savings account beyond this amount you will have to make a notification at least one month before the withdrawal. This is why PECCU has set up this type of loan called Special Savings Facility repayable over one month and the money is debited from the member's savings account for members who have not notified their withdrawal in advance.
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PECCU: Financial Co-operative Credit Union owned and managed by its members. Founded by the employees of then PECTEN Cameroon company and now called ADDAX Petroleum Cameroon. Reg. Decision N°00395/MINIFI, and the Banking Commission for Central African States (COBAC) under decision N°D-2001/05 - Code N°19419. PECCU is affliliated to the Cameroon Co-operative Credit Union Leaque (CamCCUL).
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