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Institution Account (Savings)

Institutional Account

This is an account opened by institutions such as schools, churches, organizations, and other registered entities. Requirements
  1. Certificate of Registration.
  2. Photocopies of Identity Cards of the authorized signatories.
  3. Minimum account balance of Kshs. 500.
Benefits
  1. No restrictions on withdrawals.
  2. Interest is earned on balances of Kshs. 3,000 and above.
  3. No charges on deposits.