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Bank Accounts
Fixed-deposit Accounts
Opening Balance: K10,000,000
Minimum Balance: K8,000,000
Interest Rate: 30 Days Deposit-3% per annum, 60 Days Deposit-4%
Cheque Book: Provided
ATM Card: Coming soon
Fees: K50,000 ledger fees. K10,000 statement fees.
Breaking deposit- No interest
Other Services: SAFE CUSTODY ITEMS
1. Envelopes - 6 monthly K60,000
2. Small packets - 6 monthly K60,000
3. Small size boxes - 6 monthly K60,000
4. Medium size boxes - 6 monthly K80,000
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: 5 days
Requirements for opening account:
* Company registration certificate
* Tax-exemption certificate
* Passport-size photos of signatories
* Letter of introduction on company headed paper for signatories
Apply for bank account | Banking
:: Today's Exchange Rates
Currency We Buy We Sell
US Dollar ($) 4,800 5,000
UK Pound (£) 7,448 7,759
SA Rand (R) 660 687
Euro (€) 6,164 6,421
:: Treasury Bills
Days Low High Average
91 4.99% 5.65% 5.44%
182 6.99% 8.00% 7.75%
273 8.30% 8.30% 8.11%
364 7.90% 8.50% 8.17%
Date: 18 August, 2010  No: 33/2010
:: Government Bonds
Period Weighted Average
2 Years 10.21%
3 Years 11.95%
5 Years 11.00%
7 Years 14.72%
10 Years 15.69%
15 Years 16.23%
Date: 18 August, 2010  No: 07/2010