AfriPower Bank Excel Account is our premium business account targeted at all businesses (Enterprises, Business Ventures, Limited Liability companies, Sole proprietorship), Churches, Clubs/ Associations, Cooperative Societies, Charities and other Not-For-Profit Organisations with Corporate Affairs Commission (CAC) registration.

Customers enjoy zero account maintenance fees when they maintain the minimum operating balance.
On our mobile banking App, customers can carry out all banking transactions such as paying suppliers abroad, on their mobile devices with no hassles.

Product Features and Benefits

◩   Account Opening balance is $10,000
◩   Minimum Operating Balance is $10,000
◩   Account below $10,000 daily balance will pay a fee of $10/per mille on all debit transactions for the month
◩   Free/Discounted invitation to sector- specific business seminars
◩   Availability of Cheque book
◩   Access to SME loans*
◩   Dedicated Relationship Manager
◩   Access to Internet Banking, Transaction Alert, and E-statement
◩   Free membership for female Entrepreneur on AfriPower Bank Pearl

Account Opening Documentation

◩   Duly completed account opening application form.
◩   Two (2) suitable references
◩   Board resolution to open account.
◩   Two (2) recent identical passport photographs of each signatory.
◩   Certified True Copy of Certificate of Incorporation/Registration of Business Name
◩   Certified True Copy of Memorandum and Article of Association.
◩   Resident permit issued by the Immigration Authorities (Expatriates).
◩   Valid primary means of identification
◩   Current utility bill (not more than 3 months)
◩   Premises visitation Report
◩   Tax Identification Number


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