A checking account available in Kenya Shillings and major foreign currencies designed to provide customers with convenient access to their funds through issuance of cheques.
Features
Available in local and foreign currencies
Available in Kes or foreign currencies (USD, GBP, CHF, EURO, AUD, ZAR).
ATM Services
Countrywide ATM services for sole proprietors.
Easy to operate
Operate easily with this account.
Transaction advice available
Transactions advice through free monthly statements.
No minimum operating balance
There is no minimum operating balance.
No maximum balances
There is no maximum balance for this account.
Regular transfers
Regular transfer from other Current or Savings account can be arranged.
Statements available
Statements of accounts are provided at regular intervals upon request.
What We Need From You*
- Relevant business registration i.e. Certificate of Registration/Incorporation.
- Copy of Partnership deed.
- Copy of PIN Certificate.
- Minimum opening balance - Kes 1000.
- National Identification Card.
- Adequate introduction.
Rates & Fees*
- Minimum Operating Balance - Nil.
- Maintenance Fee per month - Kes 300.
- ATM Card - Kes 430.
- ATM Withdrawal - Kes 30.
- Cash handling -
- For amounts up to Kes 500,000 - Nil.
- From Kes 500,001 and above - 0.2%.
- Counter Withdrawals - Kes 200.
- Cheque book - Kes 17.50 per leaf.
- Bankers cheque - Kes 200.
- STO-Applicable as per our standard rates.
- EFT/Salary Processing - Kes 100.
- Bulk Coin Deposit - Kes 200.
- Ledger fees - Kes 350 per month.
- Withdrawal against uncleared cheque. Charge at 3% with a minimum of Kes 300 - Kes 300.
