About Us

Investment Solutions

This is a fixed investment account that allows the customer to invest a lump sum over a short period at a fixed interest rate and fixed tenure.

WHO CAN APPLY
  • All Corporate and Investment Banking Sector customers
  • All Public Sector customers
FEATURES
  • The account is available in ZMW and USD currencies
  • No Minimum balance is required
  • No Maximum allowable investment amount
  • The current applicable tenures are: –
    •  30 days
    • 60 days
    • 90 days
    • 180 days
    •  1 year
  • Competitive interest rates available on the account.
  • Interest payment is at maturity
BENEFITS
  • Competitive interest rates
  • Account can be pledged as security
  • Customer selects tenure according to their investment needs
  • Customer can either choose to mature the account or roll it over at maturity
  • Interest can be paid out into an account different from the initial source account
  • No maximum balance required, the customer can invest as much as they need to according to the funds available to them
  • Free account statements
ACCOUNT OPENING REQUIREMENTS
  • A Zanaco Current or Savings Account

This is a more fixed investment account that allows the customer to invest a lump sum over a short period at a fixed interest rate and fixed tenure.

WHO CAN APPLY?
  • All corporate customers
  • All public sector customers
FEATURES
  • The account is available in ZMW
  • No minimum balance required
  • No maximum allowable balance required
  • The current applicable tenures are: –
    • 30 days
    • 60 days
    • 90 days
    • 180 days
    • 1 year
  • Competitive interest rates available on the product
  • Interest payment is upfront on account opening
BENEFITS
  • Competitive interest rates
  • The customer is credited the interest on the deposit upfront on account opening
  • The fixed deposit amount can be used as security for a loan
  • The customer selects the period of investment
  • The deposit tenure can be renewed at maturity
  • The customer can choose to have the interest paid into an account of their choice
  • There is no maximum deposit amount required
ACCOUNT OPENING REQUIREMENTS
  • A Zanaco Current or Savings Account

A call account is an account offered to customers to enable them earn interest on their funds while maintaining ease access to the funds as and when they wish to utilize the funds sitting on the account.

The account enables you, our corporate customer, to conveniently make frequent transactions at affordable rates. It also comes with a wide range of benefits that make your banking hassle free.

WHO CAN APPLY?
  • Available to all Corporate and Investment Banking sector customers
FEATURES
  • A multi – currency account available in the following currencies: ZMW, USD and ZAR
  • Zero fees and commissions
  • Minimum interest earning balance ZMW10,000 and above
  • Competitive tiered Interest rates available on the product
  • Free sweep in and sweep set out
  • Automated sweep in and sweep out transactions to manage the operations of the account
  • No access to a cheque book
  • Access to Internet banking
  • No customer-initiated transactions
  • Free monthly statements
 BENEFITS
  • Interest bearing current account for surplus cash on the customers’ operation current account
  • Auto sweep to and from the operation current as per client needs
  • The funds on the account can be withdrawn on demand through demand drafts, remittances or payment order or transaction in person at the branch
  • Regular statements on the account. The customer receives a free statement for the account every month–end. In addition, the customer can obtain an interim or duplicate statement from any of our branches
  • The account has no account maintenance fee
  • The account has no minimum balance

A call account is an account offered to customers to enable them earn interest on their funds while maintaining ease access to the funds as and when they wish to utilize the funds sitting on the account.

The account enables you, our corporate customer, to conveniently make frequent transactions at affordable rates. It also comes with a wide range of benefits that make your banking hassle free.

WHO CAN APPLY?
  • Government Ministries
  • Quasi-government Institutions
  • Government Departments
  • Government Agencies
  • Public Universities and Colleges
  • Public Schools
FEATURES
  • Zero fees and commission
  • A multi – currency account available in ZMW and ZAR currencies
  • Minimum interest earning balance ZMW10,000 and above
  • Credit Interest available
  • Free sweep in and sweep set up
  • Automated sweep in and sweep out transactions to manage the operations of the account
  • No access to a cheque book
  • Access to Internet bankinG
  • No customer-initiated transactions
  • Free monthly statements
 BENEFITS
  • Interest bearing current account for surplus cash on the customers’ operation current account
  • Auto sweep to and from the operation current as per client needs
  • The funds on the account can be withdrawn on demand through demand drafts, remittances or payment order or transaction in person at the branch
  • Regular statements on the account. The customer receives a free statement for the account every month –end. In addition, the customer can obtain an interim or duplicate statement from any of our branches
  • The account has no account maintenance fee
  • The account has no minimum balance