Retail Banking | Current Accounts

Current Account

The Zanaco Current account with no minimum balance required and offers you:

Easy Access to your Account

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 at not cost. Payment by Cheque is a safe mode of payment as opposed to moving with large amounts of cash.

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$1,000 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.

The rate of interest is 19% per annum.

Cheque Book

A Cheque book is available to account holders.