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Foreign Currency Accounts

Foreign account denominated in foreign currencies i.e. US Dollar, British Pound Sterling, Euros and Kenya shillings. The account types include; current, savings and impersonal

Main features: 
  • Transactions in both foreign and local currencies.
  • Initial minimum deposit or opening balance of;
    Impersonal Personal
    USD 500 USD 150
    GBP 250 GBP 100
    EURO 250 EURO 100
    KES 43,000 KES 13,000

 

Basic Requirements:: 
  • 2 passport size photographs.
  • Proper identification, Valid ID, DL, Passport, or Voters Card.
  • Reference from bank customer.
  • Initial deposit.
  • Local currency account.
Benefits: 
  • Unrestricted cash and cheque deposits.
  • Flexibility of cash withdrawals both on local and foreign currencies.
  • Access to a variety of loan products.
  • Easy payments through cheques.
  • Personal savings accounts earn interest in foreign currency credit
    balances.
  • Unrestricted cash withdrawals within the minimum balance.
  • Minor and joint savings accounts are allowed.