First Community Bank

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Many factors can help your business to grow, and your bank account should be one of them. The Maaruf Account isn’t just a business transactional account; it also gives you benefits mirroring those of a current account.

Details

Tailored to SMEs and Sole Proprietors
Opening and Operating balance at KSh 200,000 and above
Available in various currencies: USD, GBP, EUR and ZAR
Shari’ah Contract: Qard

Benefits

No account maintenance charges on account balance above KSh 200,000
Access to a cheque book
Access to Mobile and Internet Banking
Free internal transfers to other FCB accounts
Access to a VISA Debit Card

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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