The CIB Company Accounts are tailored to give your Company the ultimate banking experience to ensure your businesses stay afloat all the time.
- Cheque book issued on request
- Monthly ledger fees of only UShs 22,000
- Appointment of known agents by the company account holder
- Regular monthly statements issued on request
- Minimum balance of only Ushs 10,000
- Certified resolution indicating signatories to the account and how they will sign.
- Certified Copy of certificate of Incorporation.
- Certified copy of Memorandum and Articles of Association.
- Certified Particulars of Directors (Form 7 or 8)
- Copy of the company trading license.
- Valid identification documents (National ID, Driver’s License, Passport, and Employee ID).
- 2 Passport size photographs each for the account signatories.
- Opening deposit of UShs.100,000
- Company Tax Identification Number (TIN).
- Unrestricted cash and cheque deposits and withdrawals.
- Access to a variety of loan products and overdraft facilities.
- Access to other bank services like money transfers.
- Daily balances and mini-statements available on request.
- Can be held both in local and foreign currencies.