Corporate Accounts

Manage your business liquidity effectively and efficiently through our extensive range of products and services. We can help you streamline your processes, optimize your funds and automate everyday tasks, resulting in cost-effective management of your cash.

Access your funds through our broad range of corporate accounts, in support of your everyday banking needs.

Current Account 

Features
• Nil opening and minimum balance
• Bulk Cash handling charges of 0.25% for amounts above 500,000
• Ledger fees- Kes 30 per entry
• Account maintenance fee of Kes 500

Collection Account – Organizations and institutions can access a range of products and services to support them in efficiently initiating and receiving payments.

Features
• No minimum or opening balance
• Monthly maintenance fee of Kes 500
• No transactional charges

3. Simba Account – Designed for public schools under the free primary education scheme. Schools must open two types of accounts; Tuition Account and Operations Accounts.

Account type I – Free Basic education- Tuition Account (current account)

Features

  • No minimum account opening balance
  • Minimum account operating balance of Kes 1,000
  • Inward and outward transfers are charged Kes 100 per transaction
  • No monthly charges
  • No ledger fees
  • No transactional charges
  • Cheque books available at Kes 8 per leaf
  • No account maintenance fees
  • No cash withdrawals, deposits, bankers cheques and standing orders are allowed

Account type II– Free Basic education- Operations Account (Current account and deposit (savings) account)

Features

  • No minimum account opening balance
  • Minimum account operating balance of Kes 1,000
  • Inward and outward transfers are charged Kes 100 per transaction
  • No monthly charges
  • No ledger fees
  • No transactional charges
  • Cheque books available at Kes 8 per leaf*
  • No account maintenance fees
  • Cash & Cheque withdrawals allowed
  • Cash & Cheque deposits allowed
  • Bankers cheques are restricted