Corporate Banking | Current accounts

Current Account

The Zanaco Current account offers you:

Easy Access to your Account

ZNCB has the largest branch network in the country. This enables you to access your money at any one of our branches countrywide. Our technology allows you to transact your business at any of our branches as if you were at your host branch.

Electronic Funds Transfers

Our online service facilitates cost effective Real Time Transfers. This saves you time and money whenever you transfer funds.

Cheque Book

When you open a current account with us you are able to access your funds with a Cheque Book which is issued to you. Payment by Cheque is a safe mode of payment as opposed to moving with large amounts of cash.

Night-Safe Facilities

For the individual or business person who needs to safeguard his/her cash long after normal banking hours, night-safe facilities are available for your deposits.

Overdrafts/Loans/Charges

• Overdrafts/Loans are offered to cover in finance.
• These are subject to you fulfilling the banks lending requirements.
• Interest is charged and debited to your account monthly. Contact your Branch Manager for further details.
• Notice Deposit Accounts

Foreign Currency Account

Foreign Currency Accounts are available in the following currencies : United States Dollar, British Pound Sterling, South African Rand and The Euro.

Minimum Balance Requirement

The minimum balance required is US$1000 or its equivalent for the other currencies.

Interest Rates

• Interest is payable on balances exceeding US$10,000 on personal accounts and US$50,000 on corporate accounts.

Cheque Book

A Cheque book is available to account holders.

Charges

No account charges are levied on the account.

Other Products and Services

• Purchase and sale of Foreign Currencies.
• Encashment and sale of Travelers Cheques.
• Issuance of Bank Drafts.
• Money Transfers.
• Offshore Accounts.
• Investment Accounts.