Diaspora Banking Accounts

Diaspora Transactional Account

An account designed for convenient daily banking and transactions by customers in the diaspora. This account can be opened in the name of an individual or joint names.

FEATURES

  • Available in KES, GBP, EUR, USD
  • Minimum opening balance – KES 5,000, GBP 50 , EURO 50 & USD 50
  • Minimum operating balance KES 1000 GBP 10 , EURO 10 & USD 10
  • No monthly ledger fees
  • Access to funds as many times as required
  • Visa Debit Card available for withdrawals as well as for payment purposes (for KES accounts only)
  • Convenient mobile banking and internet banking available
  • Free monthly e-statement

BENEFITS

  • Access to Mobile banking and Internet Banking
  • Visa Debit Card available for withdrawals and payment (for KES accounts only)
  • Unlimited access
  • Monthly e-statement
  • Access to plot /house loan upon satisfactorily banking with us for at least 6 months.
  • 24/7 Customer service

Diaspora Savings Account

This is an account that helps diaspora customers set aside funds for their goals while earning interest. This account is available to junior savers for parents who plan to set aside money for their children.

FEATURES

  • Available in KES, USD, GBP, EURO
  • Minimum Opening Balance KES 5,000, USD 100, GBP 100, EURO 100
  • Minimum Operating Balance KES 2,000, USD 25, GBP 25, EURO 25
  • Monthly maintenance fee Kes 400, USD 5.GBP 5, EURO 5
  • Minimum Interest-earning balance KES. 5,000
  • Convenient mobile banking and interest banking available
  • Free Monthly Statements
  • Cheque Book available on request
  • Visa Debit Card available (for only KES accounts)

BENEFITS

  • Interest payable quarterly at 4% per annum for amounts above Ksh. 20,000 & equivalent in forex at 0.25% pa
  • Discounted bank cheques for fees payment (for junior account)
  • Access to plot/house loan upon satisfactorily banking with us for at least 6 months
  • 24/7 Customer service

Diaspora Current Account

This is an interest-earning account that allows both individual and businesses to handle obligations while earning from their money

FEATURES

  • Available in KES, USD, GBP, EURO
  • Minimum Opening Balance KES 5,000, USD 100, GBP 100, EURO 100
  • Minimum Operating Balance KES 2,000, USD 25, GBP 25, EURO 25
  • Monthly maintenance fee Kes 400, USD 5.GBP 5, EURO 5
  • Minimum Interest-earning balance KES. 5,000
  • Convenient mobile banking and interest banking available
  • Free Monthly Statements
  • Cheque Book available on request
  • Visa Debit Card available (for only KES accounts)

BENEFITS

  • Access to Mobile banking and Internet Banking
  • Visa Debit Card available for withdrawals and payment (for KES accounts only)
  • Unlimited access
  • Monthly e-statement
  • Access to plot /house loan upon satisfactorily banking with us for at least 6 months.
  • 24/7 Customer service

Call & Fixed Deposit Accounts

Allows customers to save money for specified periods (3-12 months) while enjoying competitive interest rates.

FEATURES

  • Flexible terms of 1 – 12 months
  • Competitive interest rates offered.
  • Interest portion paid in case of pre-mature withdrawal of deposit in call accounts that have exceeded 7days
  • No charges on fixed deposit account
  • Certificate available on placement

REQUIREMENTS

  • Minimum deposit amount of KES 50,000

Account Opening Requirements

INDIVIDUALS

  • Must be a Kenyan living abroad
  • Duly completed account opening form
  • Certified/Notarized copy of applicant valid Kenyan ID card or Kenyan Passport
  • Certified/Notarized copy of applicant KRA PIN Certificate
  • Certified/Notarized proof of residence (copy of current utility bill or online statement, Diaspora DL, Diaspora Passport document)
  • Certified /Notarized 1 Colored passport photo of the applicant
  • Duly signed FATCA form for USA citizens/residents (FORM W-9 for individual customers and FORM W-8BEN for corporates)

COMPANIES

  • Duly completed account opening form
  • Certified copies of certificate of registration/Incorporation, articles and memorandum of association (or CR1 &CR2), CR12
  • Certified Copy of latest company annual returns
  • Certified Copy of the business PIN Certificate
  • Board resolution on company letter head appointing bankers and relevant signing mandate
  • Certified Copies of National ID / valid passport for all directors authorized to run the account
  • KRA PIN certificate for each director
  • One passport size photo for each director
  • Certified/Notarized proof of residence address (copy of current utility bill or online statement)
  • Duly signed FATCA form for USA citizens/residents(FORM W-9 for individual customers and FORM W-8BEN for corporates)

Other Benefits

• Diaspora chama/groups investments solutions: To empower collection of individuals, Self-help groups, Formal and informal/unregistered groups.
• Competitive Forex rates
• Safe Custody services. Safe keeping of important documents and assets
• Insurance solutions ( life covers, education policy, last expense e.t.c)
• Stock market trading (shares)
• Bills & Bonds
• Excellent Relationship Management. We have dedicated personnel to give personalized services.

NB: Document certification can be done by either

• Notary public at your country of residence
• Kenyan Embassy
• Current Banker in your country of residence
• At our branches in Kenya (when applicant is physically present in the country)

  • Submit your Diaspora Form

  • Drop files here or
    Max. file size: 32 MB.

    Forex Rates by October 4, 2022
    USD: BUY 119.90 SELL 126.60GBP: BUY 135.30 SELL 145.55EUR: BUY 117.70 SELL 127.20