Umma Current Account

Your desire to give back to society through your organization is now possible thanks to our Umma Account which offers cost-effective and convenient banking for charitable organisations and institutions.

  • No outward remittance charges
  • No incoming EFT charge
  • Access to all our business finance and investment products
  • Dedicated relationship manager
  • No monthly charges
  • No ledger fees
  • Cheque book available
  • Minimum opening and operating balance of Kshs.10,000
  • Resolution/mandate authorizing signatories and account opening/minutes authorizing account
    opening
  • 1 recent coloured passport size photographs for authorized signatories
  •  Copy of National ID/Passport of authorized signatories/Trustees
  •  Copy of KRA PIN certicate for authorized signatories
  •  Copy of KRA PIN certicate for the establishment
  •  Certificate of registration/Incorporation
  •  Trust deed( applicable to Trust accounts)
  •  Introduction letter from the NGO board (applicable to NGOs)
  •  Copy of bylaws/Constitution(applicable to NGOs)
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Biashara Current Account

Are your banking volumes high? Do you need a wide range of banking support? Our Biashara account is customized just for your business and offers a range of services at a reasonable bundled rate.

  • Access to all our business finance and investment products
  • A dedicated relationship manager
  • Negotiated FX rates
  • Scheme benefits
  • Biashara Club membership
  • Dedicated Relationship Management
  • Quarterly Market Insights
  • Discounted initial Debit Card issuance
  • Discounted initial chequebook (25 leaves)
  • No cash handling fee at the CDM
  • Salary processing
  • Opening and operating balance of Kes2000
  • Paybill / Till Number -Biz2Bank
  • Maximum of 20 transactions free per month, and a charge of Kshs. 30 per transaction thereafter
  • Bundled FCY account
  • Kshs. 700 flat monthly fee
  • Certified copy of Memorandum and Articles of Association and Certificate of Incorporation
  • Board resolution/mandate authorizing the account opening
  • 2 passport size photographs for the authorized signatories
  • Copy of National ID/Passport of authorized signatories
  • Copy of company KRA PIN certificate
  • Certificate of registration
  • Copy of latest utility bill/proof of residence
  • KRA PIN
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SME Business Account

Designed for businesses with moderate banking volumes, and for those who prefer to take advantage of a bundled fee for a pool of services

• Access to Host to host solution
• Access to financing and investment solutions
• A dedicated relationship manager
• Access to Working Capital
• Access to Asset Financing
• Access to unsecured facilities
• Salary Processing
• Access to mobile and internet banking
• Cheque book available
• Access to visa debit & credit cards acceptable locally & international
• No cash handling fee at cash deposit machines
• Access to paybill/till number-Biz2Bank

  • Opening and operating balance of Kes2000
  • No cash handling fee at the Cash Deposit Machines
  • Paybill / Till Number -Biz2Bank
  • Kshs 450 monthly maintenance fee (Exclusive of excise duty)
  • Ledger fees of Kshs. 30 per transaction
  • Minimum opening balance of 2000

Individual Owners – Sole Proprietors

  • Minimum opening balance of Kshs. 2,000
  • Copy of National ID/Passport/Alien certificate
  • 1 passport size photograph
  • Copy of latest utility bill/proof of residence.
  • KRA PIN

Limited Liability Companies

  • Certificate copy of memorandum and Articles of Association together with certificate of incorporation Or CR 1, CR2, CR8 and CR12 for companies registered after the Companies Act 2015.
  • Board resolution/mandate authorizing signatories. (Board resolution with company seal for companies established)
  • 2 recent coloured passport size photographs for authorized signatories
  • Copy of National ID/Passport of authorized signatories
  • Copy of company KRA PIN Pin certificate
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