Current Account

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UNDER THE CURRENT ACCOUNT, we have the following accounts

  1.  SME Current Account
  2.  Halal Current Account
  3.  CDF Current Account
  4.  Nawiri Account
  5.  Individual Current Account
  6.  Ungana Current Account



1.  SME CURRENT ACCOUNT

 
 An account for business with high turnovers and frequently deal with foreign currencies

  • Opening Balance Ksh 2000
  • Ledger fee of Ksh 300
  • Access to Over Draft Facilities and Loan services

 BENEFITS

  •  Cheque book facility
  •  No limit to number of withdrawals and deposits per day
  •  Can have the account in either KES, USD, GBP and EURO
  •  Can receive and transfer money through this account either in KES. OR foreign currencies
  •  Access loan facilities
  •  ATM Services and Hela Mobile Service

REQUIREMENTS

  •   Copy of National Id
  •   Copy of Utility bill for the business
  •   Copy of Registration Certificate of the business
  •   Search Fee of Ksh 500
  •   Opening Balance of Ksh 2000 


2. HALAL CURRENT ACCOUNT

  • Interest free account

  • Sharia compliant

  • Cheque book facility

  REQUIREMENTS

  •   Copy of National ID
  •   Opening balance of Ksh 500
  •   Letter from your employer


3. CDF CURRENT ACCOUNT

PRODUCT FEATURES

  •   No limit to number of withdrawals and deposits per day
  •   Can have the account in Kes, USD & GBP and EURO.
  •   Can receive and transfer money through this account in either currency

  REQUIREMENTS
 

  •   Account opening form duly filled ad signed by signatories
  •   Resolution to open an account with operation mandate
  •   Constitution
  •   Minutes signed by officials
  •   Certificate of registration if any
  •   List of members with numbers of their ID or passport
  •   Certified copy of valid ID or Passport for signatories(Original must be sighted by Bank staff
  •   Photographs of officials taken at the branch
  •   Acceptable references
  •   Introduction by CDF office
  •   PIN certificate for signatories
  •   Income template
  •   EDD

 
  Introduction by relevant ministry in case of a registered group
 


4.     NAWIRI ACCOUNT

 
  Product features

  •   No Leger Fees
  •   Minimum balance maintained in the account of Kes 300/-
  •   Opening balance Kes 300/-
  •   O.T.C withdrawal is kes100 and ATM withdrawals at Kes 50 /-
  •   No opening balance

  REQUIREMENTS

  •   Copy of National Id
  • If employed KRA pin has to be produced and if you are self-employed you do not need a KRA Pin Certificate

 
5.  INDIVIDUAL CURRENT ACCOUNT

  PRODUCT DESCRIPTION:

  •  Opening balance Ksh 2,000
  •  Minimum Balance Ksh 2,000
  •  Ledger fee Ksh 300
  •  OTC withdrawal is kes100 and ksh 50 at the ATM

  REQUIREMENTS

  •   Copy of National Id
  •   If employed KRA pin has to be produced and if you are self-employed you do not need a KRA Pin Certificate
  •   Opening balance of Ksh 2000



6.    UNGANA CURRENT ACCOUNT

This account is suited for investment groups

 PRODUCT FEATURES

  •   Opening Balance Ksh 2000
  •   Ledger fee of Ksh 300
  •   No ATM card
  •   OTC is Ksh 100

  BENEFITS

  •  Cheque book facility
  •  Leverage 5 times to Access loan facilities to invest in land, stocks and real estate.
  •  No limit to number of withdrawals  and deposits per day
  •  Through this account either in KES. or foreign currencies
  •  Operate  account in foreign currencies
  •  Telegraphic  transfer at competitive rate
  •  Free photo captured on account opening
  •  Free investment and legal advisory services.

  REQUIREMENTS

  •    Account opening form dully filled and signed by the signatories
  •    Constitution
  •    Certificate of registration
  •    Minutes with resolution to open  account duly signed by officials
  •    List of members with signatures and ID numbers
  •    Certified copy of valid ID or Passport of the signatories(Original must be sighted by Bank staff
  •    Photographs taken at the branch
  •    Duly introduced
  •    Turnovers
  •    KRA Pin Certificated for signatories

 
  Any/all copies of documents obtained have to be certified as true.




 

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