First Community Bank

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For corporates, reliable banking is essential. Our current account is customized to meet their needs and to offer a range of benefits. We are your ideal banking partner.

Details

Tailored to corporate companies, Government Institutions and Institutions of Higher Learning
Opening balance of KSh 10,000
Operating balance of KSh 3,000
Account maintenance at KSh 3,000 per month
Shari’ah Contract: Qard

Benefits

Dedicated Relationship Manager
Access to cheque book
Free over-the-counter withdrawals (with a cheque book)
Access to uncleared effects
Free internal transfers to other FCB accounts (with a cheque book)
Access to Mobile and Internet Banking

Requirements – For Companies

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 corporate i.e. Sole Proprietor, Limited Company etc.

Requirements – For County Government/Assembliess

Minutes of the County Assembly signed by the Governor and County Chief of Staff (County Head of Service)
Resolution in lieu of minutes signed by the County Executive – Finance, Chief of Staff (County Head of Service) and County Chief Finance Officer (Mandatory Signatory)
Copy of ID or Passport of signatories
2 recent passport photographs of signatories
Kenya Gazette notification alerting the officials of the County Government
Account opening balance

The signing mandate should be joint

Requirements – For Learning Institutions

Valid signed and stamped letter from School Committee/Board of Governors
Certificate of Registration as per relevant registration e.g. company, co-operative etc.
Ministry of Education Registration Certificate
Original and Copy of ID or Passport of authorized signatories
2 recent passport photographs of authorized signatories
Original and Copy of KRA PIN Certificate
Introduction Letter from Ministry of Education
Minutes from School Board clarifying operational mandate
Account opening balance

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