Products > Business Banking > Deposit Products >
Vuna Chama Current Account
This product is tailored to suit the needs of investment groups/ ‘Chamas’
Features
- Allows both Incorporated Groups and Informal Groups
- Minimum opening and operating balance from as low as Kes. 5,000
- Access to internet and mobile banking services
- Cheque book available on request
- Member’s contributions can be sent via M-Pesa to the account
Requirements: (Incorporated Groups)
- Certificate of Incorporation
- Memorandum & Articles of Association
- Company’s PIN certificates
- Company’s search listing directors OR annual returns
- Director’s resolution to appoint bankers and the relevant signing mandates
- Identification card and one passport sized photograph for all the officials