Earn attractive interests whilst retaining the flexible option to make withdrawals with ease.
Are you saving in the short term to place orders for a supply or you intend to save over a longer period to fund future projects or ventures? Then AfriPower Bank Business Savings Account is the right solution for you.
Product Features and Benefits
◩ Minimum opening and operating balance of $2,000
◩ AfriPower Bank Business Sales ledger is available
◩ Non-clearing cheque book
◩ No charges on account turnovers
◩ Interest bearing at standard savings interest rate
◩ Maximum of 3 withdrawals monthly or interest is forfeited
◩ 3rd party transfers are not allowed on the account
Account Opening Documentation
◩ Registered Business Names
◩ Duly completed account opening application form
◩ Two (2) recent identical passport photographs of each signatory
◩ Two (2) suitable reference forms
◩ Certified True Copy of certificate of registration of Business Name, Organisation, cooperatives etc.
◩ Copy of application forms for Registration of Business Name, Organisation, cooperatives etc.
◩ Legal Search report
◩ Valid Primary means of identification
◩ Current utility bill (not more than 3 months)
◩ Residence permit issued by the immigration Authorities (Expatriates).
◩ Premises visitation report