Family Bank is fronting a unique bank account; the Business Current Account that makes trade easy for entrepreneurs. The Bank is offering the one of a kind account for businesses with an array of reliable flexible offerings.
Family Bank’s Business Current Account is one of the best current accounts for business boasting all the benefits of a Current Account, but with the added flexibility of being able to use Family Bank as your business bank.
The account is available for Business holders in two options: Bundled Offer available or as Pay-As-You-Go option. The Account comes with a cheque book as standard and overdraft facilities are available subject to account turnover and credit appraisal.
Business Current Account is designed to save you time and hassle, giving you everything you need to manage your day-to-day business finances. You can settle your financial obligations conveniently while you give your business the attention it deserves through the Family Bank Business Current Account.
The account boasts of speed, reliability and flexibility with features such as the ability to deposit cash and clear cheques, free monthly account statement on request, access to internet banking and access to Lipa na Family as well as PesaPap mobile banking. The account is also accessible via Family Bank ATMs and all VISA branded ATMs. The account is maintained by registered businesses or organisations.
Benefits of holding the account include free Monthly Account statements, no minimum balance required to maintain the account and the account can be used to secure various business loans and facilities.
What You Need To Open The Account
Registered Business Names Account
For a registered business name, an Original and copy of business registration certificate and memorandum is required accompanied by Original and copy of ID(s) or valid passport(s) of the applicant(s), Original and copy of KRA PIN certificates for all partners/directors and company Directors resolution to open the account with Family Bank, a Minimum opening balance of KES 5,000 for registered businesses and an Account opening reference form filled by a Family Bank account holder or latest 3 months certified statements for accounts held in other banks.
Limited/Private Company
For Limited/Private Company, applicants are required to submit the Certificate of incorporation original and one (1) copy of the same, an Original and photocopy of Memarts or CR 1,2,8,12 and statement of nominal capital, Directors Resolutions to open an account with a signing mandate, Company PIN certificate, Directors KRA PIN, Directors copies of IDs and Passport size photo of Director (s) which can be taken at the branch.
For More information on the Family Bank Business Current Account Visit:Family Bank Business Current Account.
