This product is tailored to suit the needs of investment groups.
It targets both incorporated groups and non- incorporated groups
• National Identity Card or passport
• One colored passport size photograph for each signatory. To be provided or taken at the branch
• Introduction letter from an account holder / utility bills in the names of the directors/ statement for other bank account.
• Resolution to open the account
• Certificate of Incorporation, Memorandum and Articles of Association for Limited Companies
• Opening balance of Kshs. 5,000
• Registration Certificate from the Ministry of Culture & Social Services
• Constitution of group
• Minutes of the meeting appointing the group’s bankers
• Identification card and one passport sized photograph for all officials. To be provided or taken at the branch
• List of all group members, their contacts (including physical address) and their business activity