Below is a list of accounts offered by National Bank Kenya and account opening requirements:
List of Accounts for you and their requirements
Personal Current Account
What is required
- Your original and copy of your ID/passport
- 1 passport photo (taken at the branch)
- PIN certificate
- Proof of address/source of funds
Rates and fees
- Opening balance – KSh 1,000
- Ledger fee – KSh 35 (on minimum of KSh 500 per month)
- Unauthorized overdraft fee – KSh 500
- Cheque book per leaf – KSh 12.50
- Zero interest is payable
Premium Current Account
What is required
- Your original and copy of your ID/passport
- 1 passport photo (taken at the branch)
- PIN certificate
- Proof of address/source of funds
Rates and fees
- A current account in any currency.
- Opening balance KES 5,000
- Ledger fee is KES 1,200 per month.
- Monthly fee is waived if account balance of above Kshs.200,000 is maintained.
- A dedicated Relationship Manager
- Free Cheque book, ATM card, Swift and banker’s cheques
- ATM withdrawals in NBK machines is free
Foreign Currency Current Account
What is required
- Your original and copy of your ID/passport
- 1 passport photo (taken at the branch)
- PIN certificate
- Proof of address/source of funds
Rates and fees
- Opening balance – USD 100; EUR 100; GBP 100
- Ledger fee of USD10 for balances below USD 100
- Ledger fee of Euros 6 for balances below Euro 100
- Ledger fee of GBP 3.50 for balances below GBP 100
Ahadi Savings
What is required
- Your original and copy of your ID/passport
- 1 passport photo (taken at the branch)
- PIN certificate
- Proof of address/source of funds
Rates and fees
- Opening & minimum balance of KES.1,000/=
- Interest applied every quarter at a tiered rate of up to 5% per annum
- Zero ledger fees
- Free over the counter withdrawal
Vision Savings
What is required
- Original and copy of guardian’s National ID/Passport
- Birth certificate/notification of birth of child
- 1 Passport photo of the guardian/parent (to be taken at branch)
- PIN Certificate of guardian/parent
- Proof of address/ source of funds (refer to AML document)
Rates and fees
- Minimum opening balance KES 500
- Minimum operating balance KES 500
- Free over the counter withdrawal
- Interest rate is tiered up to 5% per annum
Ahadi Premium Account
What is required
- Your original and copy of your ID/passport
- 1 passport photo (taken at the branch)
- PIN certificate
- Proof of address/source of funds
Rates and fees
- Opening balance of KES.5,000/=
- Minimum Operating balance of KES.1,000/=
- Interest applied every quarter at a tiered rate of up to 5% per annum
- Zero ledger fees
- Free over the counter withdrawal
Nat625 Mobile
What is required
- You need to be 18 years and above
- You need to have a functioning smart mobile phone
Rates and fees
- Maximum value per transaction – KSh 70,000
- Maximum account balance – KSh 150,000
National Transactional Account
What is required
- Your original and copy of your ID/passport
- 1 passport photo (taken at the branch)
- PIN certificate
- Proof of address/source of funds
Rates and fees
- Opening balance – KSh 500
- Operating balance – KSh 500
- Counter withdrawal fee – KSh 200
- Ledger fee – KSh 250 (if balance falls below KSh 50,000)
Student Account
What is required
- Original and copy of your ID/passport
- Original and copy of your student ID
- 1 passport photo (taken at the branch)
- PIN certificate
- Letter from college/learning institution
- Proof of address/source of funds
Rates and fees
- Opening balance – KSh 500
- Operating balance – nil
- Counter withdrawal fee – KSh 200
Wekeza Account
What is required
- Your original and copy of your ID/passport
- 1 passport photo (taken at the branch)
- PIN certificate
- Proof of address/source of funds
Rates and fees
- Opening balance – KSh 400
- Operating balance – KSh 50
- Counter withdrawal fee – KSh 200
- Zero account maintenance fee
Taifa Account
What is required
- Your original and copy of your ID/passport
- 1 passport photo (taken at the branch)
- KRA PIN certificate
- Proof of address/source of funds
Rates and fees
- Opening balance – KSh 500
- Operating balance – KSh 500
- Counter withdrawal fee – KSh 200
List of Accounts for business and account opening requirements
Jenga Biashara Account
What is required
- Copy of National ID and PIN
- If registered, business registration certificate
Rates and Fees
- Opening Balance of Kes. 1000.00
- Zero Operating Balance
- No service and ledgers fees
Jenga Biashara Current Account
What is required
- Copy of National ID and PIN
- If registered, business registration certificate
- Certificate of incorporation for limited companies
Rates and Fees
- Opening Balance of Kes. 1000.00
- Monthly maintenance fee of Kes. 720.00
- Cheque Book
- Zero Minimum operating balance
- Free unlimited ATM withdrawals
SME Current Account
What We Need from You*
- Certificate of Registration/Incorporation
- KRA PIN Certificate
- VAT Certificate
- Valid Trading License
- Company’s Partnership Deed (where applicable)
- Board Resolution (where applicable)
*Terms and conditions apply
Account Rates and Fees
- Zero minimum & operating balance
- Opening balance – KSh 5,000
- Mobile banking transaction fee – KSh 30 per transaction; enquiry fee – KSh 10
- ATM withdrawal fee – KSh 30 per transaction
- Free e-statements
SME Transactional Account
Rates and fees
- Zero minimum & operating balance
- Zero maintenance fee
- Opening balance – KSh 5,000
- ATM withdrawal fee – KSh 30 per transaction
- Free e-statements
School Current Account
Rates and fees
- Zero minimum opening & operating balance
- Opening balance – KSh 5,000
- Mobile banking transaction fee – KSh 30; enquiry fee – KSh 10
- Monthly maintenance fee – KSh 600
- Ledger fee – KSh 30 per transaction
- Cash handling fee – 0.15% for amounts above KSh 1M (on both deposits and withdrawals)
- Free internal transfers within our branches
List of Corporate Accounts and account opening requirements
Corporate Current Account
What is required
- Duly completed application form
- Board of Directors resolution to open account
- Management accounts for the current year and audited accounts for the last financial year
Rates and fees
- Zero minimum operating balance
- Zero cash handling charges
Banking Hours
- Mon – Fri : 8.30 am – 4.00 pm
- Sat : 8.30 am – 12.00 pm
- Sun : Closed
- Public Holidays : Closed
List of Diaspora Accounts and account opening requirements
Ahadi Account
What is required
- Kenyan ID/valid Kenyan passport
- Proof of address and photo
Rates and Fees
- Interest rate – up to 5% p.a
Fixed & Call Deposit Account
What is required
- Kenyan ID/valid Kenyan passport
- Proof of address and photo
Vision Account
Opening a Vision Savings account is a great first step in teaching your children how to be responsible with money. The account can be used to save for your children’s immediate and future school fees needs.
Our Vision account has no monthly fees and is available to children under 18 years.
Start saving from as little as KES 500.
Taifa Account
Rates and fees
- Minimum opening balance – KSh 1,000
- Operating balance – KSh 1,000
Personal Current Account
What is required
- Kenyan ID/valid Kenyan passport
- Proof of address and photo
Rates and fees
- Minimum opening balance – 100 USD or its equivalent
- Monthly Charge – KSh 600 or its equivalent
- Zero minimum operating balance
Premium Current Account
What is required
- Kenyan ID/ valid Kenyan passport
- Proof of address and photo
Rates and fees
- Minimum opening balance – USD 100 or equivalent.
- Zero bank or transaction charges where premium balance (KSh 200,000) is maintained.
- Monthly charge – KSh 1,200 when balance falls under premium threshold.
- Ledger & transaction fees – KSh 1,200 when balance falls under premium threshold
