NGO & CBO Current Account

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NGO & CBO Current Account

  • Account Information
  • Key benefits and features
  • Requirements

The objective of the product is to provide investment groups with an opportunity to organize monthly contribution through deposits made. They are also able to access financing facilities based on deposits held among other financing assessment criteria

  • Available in US Dollar, Euros, Sterling pounds and SOS.
  • Local and foreign remittance services available.
  • Free online Access to view your account statement.
  • Regular monthly transfers (Standing orders).
  • Free monthly account e-statement.
  • Access to financing scheme for employees.
  • Dedicated Relationship Manager.
    • Certificate of registration from relevant ministries
    • Notarized memorandum and articles of association
    • Certified copies of ID’s, /Passport of all the directors/owners.
    • Recent Passport size photos of all the Directors/owners.
    • Valid Visa and Business permit for foreign directors.
    • Fully completed and signed account opening form.
    • Board resolution with clearly stated mandate.
    • Opening balance of $50.