Diaspora Account

Service/Product Target

Individuals as well as clubs and societies of Malawian origin living or working outside the country.

Product Attributes/ Features

  • MWK & FCD transactional accounts
  • Visa Debit card with access to online purchases
  • Visa Credit card
  • Diaspora Fixed-Term Deposit Account.

Benefits To The Customer/user

  • No e-service fees
  • Free internet banking
  • A Higher credit interest rate on Malawi kwacha Savings account, 2% above normal savings ordinary rate.
  • A dedicated account relationship desk with Henderson Street Service Centre.
  • Borrowing opportunities in Mortgages and Home improvement loans, Asset based loans and Consumer loans upon credit assessment.
  • An opportunity to expand investmt in real estate, i.e., build or acquire property in partnership with real estate companies.
  • An opportunity to do funeral cover insurance in collaboration with insurance companies.

Costs To Access The Product

  • No fees on the transactional accounts
  • Applicable fees as per tariff will apply on all credit facilities

Account Opening Requirements

  • Completed Account Application Form (download here), or can be requested through email This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Details of Next of Kin who holds an account with the Bank and resides in Malawi or referee who has an account with National Bank of Malawi in case one has no next of kin.
  • In the absence of the above, the documents must be certified by the Embassy office or be verified by the Immigration office in Malawi and can be sent through diaspora email.
  • Applicant’s copy of valid passport.
  • A google map showing the applicant’s place of residence or utility bill or bank statement.

Terms and Conditions

  • Customer has to maintain a Malawi Kwacha operating account.
  • Account to operate in compliance with RBM Exchange Control Regulations
  • Having an FCDA does not imply that a customer will be withdrawing cash in that currency, the bank will mostly offer access through electronic means.






To be the most successful financial institution in Malawi with an internationally visible presence.

Mission Statement

To provide outstanding and inclusive financial solutions that deliver sustained stakeholder value.