Business Accounts

You can influence your business’ future by starting to save today.

Business Savings Account

A straightforward savings account – save any surplus funds and earn interest for future investment in your business.

Features

  • Minimum balance of K200,000
  • Monthly maintenance fee of K35,000
  • No cheque book
  • Interest at 3% per annum
  • Free monthly account statements

Business Saver Account

Save and earn attractive rates of interest while retaining easy access to your funds. The Business Saver Account comes with the added benefit of a cheque book.

Features

  • Minimum balance of K750,000
  • Monthly maintenance fee of K50,000
  • Cheque book
  • Interest at 3% per annum
  • Free monthly account statements

To open either of these accounts you will need

 

  • Certificate of business registration or incorporation
  • ZRA TPIN or VAT number
  • Articles of association for limited companies
  • Board resolution for limited companies
  • Two letters of reference (one of which should be from an existing Zanaco customer)
  • Evidence of trading address
  • Proof of residency of account signatories and directors with more than a 50% shareholding
  • Copy of water, electricity, or rate bill or Title Deeds.
  • Copy of NRC or passport of directors
  • Signed Board resolution agreeing to open the account

Internet banking features can be added to these accounts for extra convenience.

  • Access your business savings account and make transactions through the Internet anywhere in the world at any time.