Individuals, whether adult or minor and corporate organisations or businesses
Product Attributes/ Features
- Minimum balance of MK5,000
- Interest paid once a year.
- Interest is at 3% per annum. Subject to review
- Allows for withdrawals through ATM, POS machine or withdrawal slip
Benefits To The Customer/User
- Relatively high interest rate.
- Highly affordable monthly charges.
- No service fees on personal accounts
Costs To Access The Product
- E-service fee
- ATM card fee
Account Opening Requirements
- Account opening forms
- KYC documentation as advised by the bank
Terms and Conditions
Account should neither overdraw nor have a balance that is below the required minimum balance of MK5,000.