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    Each institution has its own unique needs when it comes to banking. We get it, and this is why our account is tailored to that: flexible terms, no restrictions on transactions, a dedicated Relationship Manager and more. We are dedicated to you.

    Details
    • Tailored to institutions
    • Operating balance of KSh 100,000
    • Available in Kenyan Shillings
    • Shari’ah Contract: Qard
    Benefits
    • Dedicated Relationship Manager
    • No account maintenance fee
    • Access to cheque book
    • No restrictions on transactions
    • Access to Mobile and Internet Banking
    • Free internal transfers to other FCB accounts (with a cheque book)
    • 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.
    • Original and Copy of Group Registration Certificate
    • Minutes of the Group resolving to open an account with FCB (certified by the County/Sub-County Social Development Officer)
    • Signed list of members with ID Numbers
    • Group Constitution (certified by the County/Sub-County Social Development Officer)
    • Introduction Letter from Ministry of Gender, Culture and Social Service indicating list of office bearers
    • Original and Copy of ID/Passport of authorized signatories
    • 2 recent passport photographs of authorized signatories
    • Original and copy of KRA PIN Certificate
    • Account opening balance
    • Original and Copy of Certificate from the Registrar
    • Minutes of the SACCO resolving to open an account with FCB (certified by Registrar of Co-operatives)
    • Constitution/By-laws (Certified by the Registrar)
    • Introduction Letter from Registrar of Co-operatives listing the current office bearers’ signatories
    • Original and Copy of KRA PIN Certificate
    • Original and Copies of ID or Passport of the signatories
    • 2 recent passport photographs of the signatories
    • Original and Copy of KRA PIN Certificate of the account signatories
    • Account opening balance
    • For Deposit Taking SACCOs
    • Licence from SASRA (SACCO Societies Regulatory Authority)
    • Due diligence questionnaire
    • AML and KYC Policy
    • Approval from Risk and Compliance Department
    • Account opening balance
    • Original and Copy of Certificate of Registration from Registrar of Societies
    • Minutes signed by the officials resolving to opening of the account
    • Introduction Letter from Clergy/Imam to open account
    • Original and Copy of ID or Passport of authorized signatories
    • Original and Copy of Personal KRA PIN Certificate of signatories
    • 2 recent passport photographs of signatories
    • Account opening balance
    • Original and Copy of Certificate of Registration under the NGO Coordination Board/Constitutional Office
    • Board resolution specifying account signatories and signing mandates
    • Original and Copy of ID or Passport of the authorized signatories
    • 2 recent passport photographs of the authorized signatories
    • KRA PIN Certificate of the NGO and/or Certificate of Tax Exemption
    • Minutes of the NGO resolving to open an account with FCB
    • NGO Constitution/By-laws
    • Introduction Letter from NGO Co-ordination Board listing the office bearers
    • Account opening balance
    • Original and Copy of Societies Registration Certificate under the Society Act
    • Minutes of the Society resolving to open an account with FCB
    • Constitution/By-laws
    • Original and Copy of ID or Passport of the signatories
    • KRA PIN Certificate of the signatories
    • Account opening balance
    • Original Certificate of Incorporation or Business Registration Certificate
    • Company KRA PIN Certificate
    • KRA PIN Certificate of the signatories/directors
    • Memorandum and Articles of Association
    • Board Resolution on company letter head (sealed)
    • Original and Copy of ID or Passport of the signatories
    • 2 recent passport photographs of the signatories
    • Licence from Insurance Regulation Authority (IRA)
    • Certificate of Underwriting (Agency/brokers)
    • Account opening balance
    • An official letter (or a certified copy) from the Foreign Affairs Ministry with a special code assigned
    • Documents proving the ambassador/consul’s appointment (if not in English, translated), signed by the Ambassador/High Commissioner/Consular
    • Copy of minutes of the meeting /Letter resolving to open an account with FCB from the Embassy/High Commission/Consulate
    • Valid passports and the diplomatic VISAs of signatories
    • 2 recent passport photographs of each signatory
    • By-laws (Regulations), if any
    • Account opening balance
    • 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
    • Original Certificate of Incorporation
    • Company PIN Certificate
    • Memorandum and Articles of Association
    • CR1, CR2 and CR8 for companies registered after 2015
    • Sealed Board Resolution on company letter head
    • Copy of ID or Passport of the signatories
    • KRA PIN Certificate of the signatories/directors
    • Audited financials
    • KYC/AML questionnaire
    • Organization structure for the business
    • Senior Management with the name and contact of Risk and Compliance staff
    • FCB Risk and Compliance approval for the business account
    • Valid CBK Forex Bureau Licence
    • Bureau AML-CFT Policy
    • Account opening balance
    • 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
    Requirements subject to the registration status of business/corporate i.e. Sole Proprietor, Limited Company etc.

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