This is a current account offered to the government and quasi-government institutions for your day-to-day financial transactions. 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.
Multi-currency current accounts available in the following currencies: ZMW, USD, EUR and GBP
Applicable fees and commissions as indicated in the Government service level agreement
No minimum balance required for ZMW
Minimum balances for foreign currencies are: USD 1000, GBP 300 and EUR 500
Negotiated credit Interest is available on specified account balances
Access to a cheque book
Access to Internet banking
Access to a Visa corporate debit card
Free monthly statements
Access to E-statements that are set up as per customer requirements
BENEFITS
Flexibility
A multi-currency transactional account that allows customers to access an account in the currency that meets their transactional needs.
Unlimited number of transactions on the current account that meets the customers’ daily transactional and payment needs.
Zero minimum balance on the current account.
Transactional convenience using our robust Internet Banking service
Standing instructions for payment obligations to meet your deadlines and avoid missing your important payment schedules
Auto Sweeps between two accounts to manage the customers’ cash positions at any given time
Payment options including cheque processing
Access to a Zanaco Visa Business debit card for ease of transacting
Access to forex and securities purchase
Bulk payment solution through Payflexi
Salary processing solutions
Ease payment of statutory obligations such as taxes, NAPSA, NHIMA, workers compensation.
Access to Personalised Service
Dedicated relationship managers to support customer management.
Access to Credit and Trade Facilities
Access to long-term and short-term facilities
Access to overdraft facilities
Access to Export Invoice Discounting (Invoice Financing Supplier),
Access to Payable Finance (Invoice Finance Buyer),
Access to Local Purchase Order Finance,
Access to Transactional Commodity Finance (Finance Against Warehouse Receipts),
Access to Receivable Financing,
Access to Import Loans under LC,
Access to Vendor Financing,
Access to Pre-shipment Financing etc.
Access to Guarantees
Access to Letters of credit.
Access to Investments Products
Enjoy competitive interest rates on our impressive selection of investment products such as Upfront Interest Fixed Deposit Account and Fixed Deposit
Investment in government securities.
ACCOUNT OPENING REQUIREMENTS
Form 9 indicating account signatories
Letter of account opening request on letter head from the Account General/Authorised Signatories
Passport size photos of account signatories and proof of residence for ALL signatories.
Certified copies of NRC or valid passport for account signatories
This is a current account offered to Parastatal Institutions for your day-to-day financial transactions. 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.
