Opening Balance: K5,000,000
Minimum Balance: KNil
Interest Rate: Debit - 30% p/a Credit - 0% p/a
Cheque Book: Three weeks after Account opening. 50 form - K60,000; 100 form - K120,000
ATM Card: Coming soon
Fees: K120,000 ledger fees plus K1,000 per withdrawal
K10,000 statement fees
Other Services: SAFE CUSTODY ITEMS
1. Envelopes - 6 monthly K50,000
2. Small packets - 6 monthly K50,000
3. Small size boxes - 6 monthly K50,000
4. Medium size boxes - 6 monthly K75,000
5. Large boxes - 6 monthly K150,000
6. Overnight boxes, etc - at managers discretion (min K20,000)
7. Uplifting - at managers discretion (min K20,000)
Time to open account: 1 day
Requirements for opening account:
* Company registration certificate
* Tax-exemption certificate
* Passport-size photos of signatories
* Letter of introduction on company headed paper for signatories