This is a business bundled current account meant to meet SMEs proposition of cheaper banking services that match their financial needs.
Features
Available in local and foreign currencies
Available in Kes or foreign currencies (USD,GBP,CHF,EURO,AUD,ZAR).
Cheque book
Get a customized cheque book.
No minimum balance
No minimum balance amount is required.
Cash Deposits value
Get same day value on cash deposits.
What We Need From You*
- Certificate of Registration/Incorporation.
- Copy of Partnership deed.
- Copy of PIN Certificate.
- Adequate introduction.
Rates & Fees*
- Opening Balance - Nil.
- Minimum Operating Balance - Nil.
- Ledger Fee & Maintenance charge - Nil.
- Monthly Fee Bundled Pricing - Kes 900.
- ATM Card - Kes 430.
- ATM Withdrawal Charge - Kes 30.
- Over the counter Withdrawal - Nil.
- Cheque book- Kes 17.50 per leaf excluding stamp duty of Kes 2.50.
- LYC Bankers Cheques - Kes 200.
- No standing order set up fees (for internal transfers) - Nil.
- STO - Applicable as per our standard rates.
- EFT/Salary Processing - Kes 200.
- Interim Statement - Free.
- Cash handling -
- For amounts up to Kes 500,000 - Nil.
- From Kes 500,001 and above - 0.2%.
- Bulk Coin Deposit - Kes 200 per bag.
