Current Account is usually for the business establishments and operated on a regular basis. It is a non-interest bearing account which allows an account holder to write cheques against funds in the account.
This account enables the withdrawal of funds without limiting the number of transactions on a given day.
Eligibility
- Government
- Corporations
- Business entities
- NGOs
- Associations
Requirement
- Current Account form
- ID and Passport photo of proprietors/authorized signatories
- Other relevant documents
- To be operated by the proprietor/authorized signatories
Features
- Maintain a minimum balance of Nu.1000
- No restriction on maximum balance
- Free ATM card, Internet Banking, SMS facility and B-wallet service for a single owner