Key Features
■ No account opening balance and no minimum operating balance
■ Free inter-branch cash withdrawals
■ Multiple signatory mandates with maker-checker controls
■ Access via branch, agents, mobile, Equity Online for Business and host-to-host channels
■ Can be set up as operating, development, recurrent or capitation accounts
Benefits
■ No account opening balance and no minimum operating balance
■ Free inter-branch cash withdrawals
■ Multiple signatory mandates with maker-checker controls
■ Access via branch, agents, mobile, Equity Online for Business and host-to-host channels
■ Can be set up as operating, development, recurrent or capitation accounts
Requirements
■ KYC documentation – certificate of registration/incorporation or establishing Act/Gazette notice, KRA PIN, and IDs/KRA PINs of signatories
■ Board/Council resolution authorizing the account or facility and appointing signatories
■ Approval/no-objection from the National Treasury or County Treasury (for government entities, as applicable)
■ Specimen signatures of signatories
