First Community Bank

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The success of your business is crucial, and it’s natural to do everything in your power to make it profitable. Our Biashara Current Account has your back, with friendly costs and lots of benefits.

Details

Tailored to SMEs and Sole Proprietors
Opening balance of KSh 1,000
Minimum operating balance of KSh 2,000 per month plus Duty
ATM withdrawal at KSh 30 per transaction
Available in Kenyan Shillings
Shari’ah Contract: Qard

Benefits

Access to uncleared effects
Free over-the-counter withdrawal
Access to a cheque book
Access to a VISA Debit Card
Access to Mobile and Internet Banking
Free internal transfers to other FCB accounts (With cheque book)

Requirements

Introduction or Reference Letter
Original and Copy of ID/Passport of all proprietors/directors/partners/signatories
Original and Copy of Company KRA PIN Certificate
Original and Copy of Personal KRA PIN Certificates of signatories
2 recent passport photographs of the authorized signatories
Original and Copy of Business Registration Certificate
CR1, CR2 and CR8 for companies registered after 2015
Memorandum and Articles of Association/Certificate of Incorporation/By-laws/Certified copy of Organization’s Constitution
Sealed Board Resolution/extracts of committee meeting signed by director and secretary to open an FCB account
Letter from auditor/company secretary certifying names of existing directors and shareholders, or certified copy of latest annual returns
Account opening balance

Requirements subject to the registration status of business/corporate i.e. Sole Proprietor, Limited Company etc.

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