Business current account
A flexible account for businesses of all sizes that want more from a bank account than paying and receiving funds
Some of the benefits
Good terms
Only kes 5000 opening balance
Personalised
Sweeping arrangements may be made to transfer funds automatically from your current account to other accounts in your Stanbic Bank portfolio
Support
Our business banking solutions have been developed to meet your business needs. We have a range of products and services designed to add real value to your business
Value
Competitive rates apply on all foreign exchange transactions with 0% commission charged
How to get it
To open account – documents required
- Directors Board Resolution on Company Letter Head resolving to open account(s) with
- Copy of Company Certificate of Incorporation
- Copy of Company KRA PIN
- Copy of Memorandum and Articles of Association or CR1 + CR2
- Copy of CR12 + Latest Company Annual Return
- Copy of ID or Passport for directors (account signatories)
- One colour passport photo for each signatory (you can email me this clearly labelled with name for each)
- Copy of current Utility bill for all signatories and at least two directors (should be within 3 months) OR a Letter on company letterhead confirming the residential addresses for each
- Physical address confirmation document for the Company Offices e.g. current utility bill or lease etc
What it costs
- Minimum opening balance of Kes. 5,000
- Minimum Monthly service fee of Kes.400
- Business Online Monthly Subscription Kes.2,000
- Competitive rates apply on all foreign exchange transactions with 0% commission charged.
Refer to Pricing guide
What you get
- No limit to the number of withdrawals you may make
- Competitive rates apply on all foreign exchange transactions with 0% commission charged.
- 50 and 100 leaf chequebooks
- Your Business Current account gives you access to services such as Trade Finance and a wide range of loan products
- Sweeping arrangements may be made to transfer funds automatically from your current account to other accounts in your Stanbic Bank portfolio
- Current accounts may be operated in Kenya shillings as well as major foreign currencies
- Access to our Business Online platform (our self-service e-channel for business account holders).
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How to get it
-
What it costs
-
What you get
To open account – documents required
- Directors Board Resolution on Company Letter Head resolving to open account(s) with
- Copy of Company Certificate of Incorporation
- Copy of Company KRA PIN
- Copy of Memorandum and Articles of Association or CR1 + CR2
- Copy of CR12 + Latest Company Annual Return
- Copy of ID or Passport for directors (account signatories)
- One colour passport photo for each signatory (you can email me this clearly labelled with name for each)
- Copy of current Utility bill for all signatories and at least two directors (should be within 3 months) OR a Letter on company letterhead confirming the residential addresses for each
- Physical address confirmation document for the Company Offices e.g. current utility bill or lease etc
- Minimum opening balance of Kes. 5,000
- Minimum Monthly service fee of Kes.400
- Business Online Monthly Subscription Kes.2,000
- Competitive rates apply on all foreign exchange transactions with 0% commission charged.
Refer to Pricing guide
- No limit to the number of withdrawals you may make
- Competitive rates apply on all foreign exchange transactions with 0% commission charged.
- 50 and 100 leaf chequebooks
- Your Business Current account gives you access to services such as Trade Finance and a wide range of loan products
- Sweeping arrangements may be made to transfer funds automatically from your current account to other accounts in your Stanbic Bank portfolio
- Current accounts may be operated in Kenya shillings as well as major foreign currencies
- Access to our Business Online platform (our self-service e-channel for business account holders).