Below is a list of accounts offered by Equity Bank, account opening requirements, features and charges:

Personal Accounts

Current Account

Key Features of the Current Account

1. No minimum operating balance.
2. None interest earning
3. No monthly charges.
4. Full access to mobile banking.
5. Customer can choose a payment card that best suits their needs. They Include: prepaid cards, debit cards and credit cards.
6. Cash and cheque deposits.
7. Chequebook

Why You Should Open a Current Account

1. Cash and cheque deposits.
2. No maintenance fees.
3. No ledger fees.
4. Customers can access the account from any of the countries Equity Bank Operates in.
5. 24hour support through 0763063000 and/or info@equitybank.co.ke
6. free monthly statements and internal standing orders
7. This account can be operated in KSh, USD, EURO or GBP
8. Instant Mastercard or Visa Card issued on application
9. Online banking and mobile banking opt-in option
10. Access to overdraft facilities

What You Require to Open This Account

To open this account:

1. Individuals (singly or jointly) -Original Identification document & KRA Pin
2. Registered Groups – Registration Certificate, Constitution, minutes of resolution to open account certified by the District Social Development officer (DSDO).
3. An introduction letter from the DSDO
4. Registered Business- see account opening requirements for different entities.

 Sign up Process

1. Visit your nearest Equity bank branch
2. Present the required documents and fill out the application form
3. The bank will then process your application and you can start banking with us.
4. For any further clarification, fill the form below and we will get back to you

Equity Ordinary Account

Key Features

• No minimum operating balance.
• No monthly charges.
• Full access to mobile banking and internet banking
• Customer can choose a payment card that best suits their needs. They Include:  prepaid cards, debit cards and credit cards.
• Cash and cheque deposits.

Why You Should Open an Ordinary Account

1. No maintenance fees.
2. No ledger fees.
3. Customers can access their account from any of the countries Equity Bank Operates in.
4. 24hour support through 0763063000 and/or info@equitybank.co.ke
5. Instant Mastercard or Visa Card issued on application
6. Online banking and mobile banking opt-in option

What You Require to Sign Up

1. Individuals (singly or jointly) -Original Identification document & KRA Pin
2. Registered Groups – Registration Certificate, Constitution, minutes of resolution to open account certified by the District Social Development officer (DSDO).
3. An introduction letter from the DSDO
4. Registered Business- see account opening requirements for different entities.

Sign up Process

1. Download the application form
2. Present the filled out form and necessary documents to the nearest Equity branch.
3. The bank will then process your application and you can start banking with us.
4. For any further clarification, fill the form below and we will get back to you.

Transaction Process

• Cash transaction on account happens on a real-time basis.

School Fees Collection Account

We have partnered with various higher learning institutions across the country to ease the process of paying tuition, and thus allow you to access your education more easily.

Here’s A List of All the Institutions That Have Partnered with Equity Bank

ACCOUNT NAME	BRANCH	ACCOUNT NUMBER
African Nazarene University	Rongai Branch	610292522396
Catholic University EA	Rongai Branch	610292352491
Chuka University	Chuka Branch	210261453469
Daystar University	Kenyatta Ave.	1290261749660
Dedan Kimathi Uni of Technology	Nyeri 2 Branch	1150297300480
Jaramogi Oginga Odinga Uni of S &T	Bondo Branch	750294239156
JKUAT	Thika 1 Branch	90291251426
Kabarak University	Nakuru 2 Branch	310294445167
Kagumo Teachers College	Nyeri 1 Branch	110297070907
Karatina University College	Karatina Branch	40298291603
KCA University	Kasarani Branch	1180299956376
Kenya Methodist University	Meru 1 Branch	140290923812
Kenyatta University	KU Branch	180290518859
Laikipia University	Nyahururu Branch	160295840456
Masai Mara University	Narok Branch	360292999764
Maseno University – City Campus	Kisumu 1 Branch	290297174546
Maseno University – Main Campus	Luanda Branch	1120297065141
Masinde Muliro Univ. of S &T	Kakamega Branch	500294636103
Meru University	Meru Makutano	1040297858661
Moi Univ- Govt. Sponsored	Eldoret 1 Branch	300291768839
Moi Univ- Private Sponsored	Eldoret 1 Branch	300291768844
Mt. Kenya University	Thika 1 Branch	90292687045
Pwani University	Kilifi Branch	460291566407
St. Paul’s University	Limuru Branch	690261549404
Strathmore University	Nairobi West Branch	170293160242
Technical University of Kenya	Moi Avenue Branch	540290597366
Technical University of Mombasa	Mombasa Digo	460297818058
University of Eldoret	Eldoret 1 Branch	300297338822

Investments A/C

CDSC Account

The CDSC Account is an electronic account that holds your shares and manages the process of transferring shares that are traded in the NSE (Nairobi Securities Exchange). You may open a CDSC Account through a stockbroker, Investment Bank or Custodian (Equity Bank) authorized by Central Depository and Settlement Corporation, the entity that facilitates holding of shares in electronic accounts opened by shareholders.

C.B.K CDS Account.

This is an electronic account managed by the Central Bank of Kenya that holds an investor’s Treasury Bills and Treasury Bonds and manages the purchase and sale of the securities.

FEATURES OF CDSC ACCOUNT.

• It allows immediate transfer of shares upon purchase or sale.
• There is no paperwork involved during the transfer of shares from a buyer to seller.
• Account automation eliminates risks of forgery, damage to the document, clerical errors etc.
• An investor’s shares are held in one account making it easy for management.
• The investor receives an electronic statement of his/her account holdings.

FEATURES OF C.B.K CDS ACCOUNT.

• The account is for trading in treasury bills and treasury bonds only.
• The account is opened by the Central Bank of Kenya on behalf of investors.
• The investor receives an electronic statement of his/her CDS account holdings.

Reasons Why You Should Open an Investment Account

1. This account enables the consolidation of your assets.
2. With this account you get to enjoy professional expertise available from Equity Bank.
3. With this account, you are assured of security for your investments.
4. We ensure timely collection of dividends, interest, bonuses and rights for your investments.
5. Regular investment reports will be made available to you.
6. You are provided the chance to diversify your investment portfolio efficiently and affordably.
7. Get to enjoy fast, efficient and all-round friendly service.
8. We provide a smooth succession avenue for your investments.
9. Service for account holders is available in all our branches countrywide.

• REQUIREMENTS
  • An Equity Bank Account.
  • A copy of your Kenyan ID/Passport, a passport size photo and your KRA PIN.
  • A fully executed and signed CDS 1 form.
• TRANSACTION PROCESS
  • Visit any of Equity Bank branches to fill CDSC forms, share purchase or sell form and the hank will facilitate the transactions for you.

    SME/Small Business

Equity Current Account

This is a convenient and flexible medium for a range of transactions. With this account you are free to make deposits, receive money, make payments, make withdrawals and set up standing orders.

Ideal for:

• Individuals (singly or jointly)
• Groups
• Registered entities Groups and  registered entities be separated from the individual

Key Features of the Current Account

1. No minimum operating balance.
2. None interest earning
3. No monthly charges.
4. Full access to mobile banking.
5. Customer can choose a payment card that best suits their needs. They Include: prepaid cards, debit cards and credit cards.
6. Cash and cheque deposits.
7. Chequebook

Why You Should Open a Current Account

1. Cash and cheque deposits.
2. No maintenance fees.
3. No ledger fees.
4. Customers can access the account from any of the countries Equity Bank Operates in.
5. 24hour support through 0763063000 and/or info@equitybank.co.ke
6. free monthly statements and internal standing orders
7. This account can be operated in KSh, USD, EURO or GBP
8. Instant Mastercard or Visa Card issued on application
9. Online banking and mobile banking opt-in option
10. Access to overdraft facilities

• What You Require to Open This Account

To open this account:

• 1. Individuals (singly or jointly) -Original Identification document & KRA Pin
  2. Registered Groups – Registration Certificate, Constitution, minutes of resolution to open account certified by the District Social Development officer (DSDO).
  3. An introduction letter from the DSDO
  4. Registered Business- see account opening requirements for different entities.
• Sign up Process
  1. Visit your nearest Equity bank branch
  2. Present the required documents and fill out the application form
  3. The bank will then process your application and you can start banking with us.
  4. For any further clarifications, fill the form below and we will get back to you

Social Institutions Account

This account allows institutions dealing in non-profitable ventures such as churches, public schools and self-help groups to manage their funds efficiently.

Great Feature About This Account

Equitel has introduced an innovative “multiple approval” feature that eliminates the need for account signatories to physically meet to withdraw cash or co-sign cheques. The feature allows account holders to use their PINs as their account signatures.

Through the “multiple approval” feature users first originate a request to withdraw cash on their Equitel menu. The request is then sent to other account signatories who in turn enter their individual PIN to approve the withdrawal request, making it easier for chamas and joint account holders to transact.

4 Reasons Why You Should Open This Account

1. This account requires no operating balance.
2. You will incur no charges while making withdrawals.
3. This account gives you access to customized loans.
4. This account has a multiple approval feature that ensures security of funds.

• What you require to sign up
  1. School Registration Certificate from the ministry of education
  2. An introduction letter duly signed from by the Deputy County commissioner for education
  3. School Board of Governors resolution to open an account and signing mandate signed by
  4. Deputy County commissioner for education
• Sign up Process
  1. Visit your nearest Equity bank branch
  2. Present the required documents and fill out the application form
  3. The bank will then process your application and you can start banking with us.

Investment Account

DSC Account

The CDSC Account is an electronic account that holds your shares and manages the process of transferring shares that are traded in the NSE (Nairobi Securities Exchange). You may open a CDSC Account through a stockbroker, Investment Bank or Custodian (Equity Bank) authorized by Central Depository and Settlement Corporation, the entity that facilitates holding of shares in electronic accounts opened by shareholders.

• CDSC Account

C.B.K CDS Account.

This is an electronic account managed by the Central Bank of Kenya that holds an investor’s Treasury Bills and Treasury Bonds and manages the purchase and sale of the securities.

• C.B.K CDS Account

FEATURES OF CDSC ACCOUNT.

• It allows immediate transfer of shares upon purchase or sale.
• There is no paperwork involved during the transfer of shares from a buyer to seller.
• Account automation eliminates risks of forgery, damage to the document, clerical errors etc.
• An investor’s shares are held in one account making management easy.
• The investor receives an electronic statement of his/her account holdings.

FEATURES C.B.K CDS ACCOUNT.

• The account is for trading in treasury bills and treasury bonds only.
• The account is opened by the Central Bank of Kenya on behalf of investors.
• The investor receives an electronic statement of his/her CDS account holdings.

Reasons Why You Should Open an Investment Account

1. This account enables the consolidation of your assets.
2. With this account you get to enjoy professional expertise available from Equity Bank.
3. With this account, you are assured of security for your investments.
4. We ensure timely collection of dividends, interest, bonuses and rights for your investments.
5. Regular investment reports will be made available to you.
6. You are provided the chance to diversify your investment portfolio efficiently and affordably.
7. Get to enjoy fast, efficient and all-round friendly service.
8. We provide a smooth succession avenue for your investments.
9. Service for account holders is available in all our branches countrywide.

• REQUIREMENTS
  • An Equity Bank Account.
  • A copy of your Kenyan ID/Passport, a passport size photo and your KRA PIN.
  • A fully executed and signed CDS 1 form.
• TRANSACTION PROCESS
  • Visit any of Equity Bank branches to fill CDSC forms, share purchase or sell form and the hank will facilitate the transactions for you.

Corporate Accounts

Current Account

This is a convenient and flexible medium for a range of transactions. With this account you are free to make deposits, receive money, make payments, make withdrawals and set up standing orders.

Ideal for:

• Individuals (singly or jointly)
• Groups
• Registered entities Groups and  registered entities be separated from the individual

Key Features of the Current Account

1. No minimum operating balance.
2. None interest earning
3. No monthly charges.
4. Full access to mobile banking.
5. Customer can choose a payment card that best suits their needs. They Include: prepaid cards, debit cards and credit cards.
6. Cash and cheque deposits.
7. Chequebook

Why You Should Open a Current Account

1. Cash and cheque deposits.
2. No maintenance fees.
3. No ledger fees.
4. Customers can access the account from any of the countries Equity Bank Operates in.
5. 24hour support through 0763063000 and/or info@equitybank.co.ke
6. free monthly statements and internal standing orders
7. This account can be operated in KSh, USD, EURO or GBP
8. Instant Mastercard or Visa Card issued on application
9. Online banking and mobile banking opt-in option
10. Access to overdraft facilities

• What You Require to Open This Account

To open this account:

• 1. Individuals (singly or jointly) -Original Identification document & KRA Pin
  2. Registered Groups – Registration Certificate, Constitution, minutes of resolution to open account certified by the District Social Development officer (DSDO).
  3. An introduction letter from the DSDO
  4. Registered Business- see account opening requirements for different entities.
• Sign up Process
  1. Visit your nearest Equity bank branch
  2. Present the required documents and fill out the application form
  3. The bank will then process your application and you can start banking with us.
  4. For any further clarifications, fill the form below and we will get back to you

Social Institutions Account

This account allows institutions dealing in non-profitable ventures such as churches, public schools and self-help groups to manage their funds efficiently.

Great Feature About This Account

Equitel has introduced an innovative “multiple approval” feature that eliminates the need for account signatories to physically meet to withdraw cash or co-sign cheques. The feature allows account holders to use their PINs as their account signatures.

Through the “multiple approval” feature users first originate a request to withdraw cash on their Equitel menu. The request is then sent to other account signatories who in turn enter their individual PIN to approve the withdrawal request, making it easier for chamas and joint account holders to transact.

4 Reasons Why You Should Open This Account

1. This account requires no operating balance.
2. You will incur no charges while making withdrawals.
3. This account gives you access to customized loans.
4. This account has a multiple approval feature that ensures security of funds.

• What you require to sign up
  1. School Registration Certificate from the ministry of education
  2. An introduction letter duly signed from by the Deputy County commissioner for education
  3. School Board of Governors resolution to open an account and signing mandate signed by
  4. Deputy County commissioner for education
• Sign up Process
  1. Visit your nearest Equity bank branch
  2. Present the required documents and fill out the application form
  3. The bank will then process your application and you can start banking with us.

Ordinary Account

Equity Ordinary Account is your perfect medium for personal deposits, daily business transactions and remittances.

Ideal for:

• Individuals (singly or jointly)
• Groups –Groups and registered entities be separated from the individual,
• Registered entities

Key Features

• No minimum operating balance.
• No monthly charges.
• Full access to mobile banking and internet banking
• Customer can choose a payment card that best suits their needs. They Include:  prepaid cards, debit cards and credit cards.
• Cash and cheque deposits.

Why You Should Open an Ordinary Account

1. No maintenance fees.
2. No ledger fees.
3. Customers can access their account from any of the countries Equity Bank Operates in.
4. 24hour support through 0763063000 and/or info@equitybank.co.ke
5. Instant Mastercard or Visa Card issued on application
6. Online banking and mobile banking opt-in option

• What You Require to Sign Up
  1. Individuals (singly or jointly) -Original Identification document & KRA Pin
  2. Registered Groups – Registration Certificate, Constitution, minutes of resolution to open account certified by the District Social Development officer (DSDO).
  3. An introduction letter from the DSDO
  4. Registered Business- see account opening requirements for different entities.
• Sign up Process
  1. Download the application form
  2. Present the filled out form and necessary documents to the nearest Equity branch.
  3. The bank will then process your application and you can start banking with us.
  4. For any further clarification, fill out the feedback form below and we will get back to you.

Chama/Groups Account

Group Account

This account allows institutions dealing in non-profitable ventures such as churches, public schools and self-help groups to manage their funds efficiently.

Great Feature About This Account

Equitel has introduced an innovative “multiple approval” feature that eliminates the need for account signatories to physically meet to withdraw cash or co-sign cheques. The feature allows account holders to use their PINs as their account signatures.

Through the “multiple approval” feature users first originate a request to withdraw cash on their Equitel menu. The request is then sent to other account signatories who in turn enter their individual PIN to approve the withdrawal request, making it easier for chamas and joint account holders to transact.

4 Reasons Why You Should Open This Account

1. This account requires no operating balance.
2. You will incur no charges while making withdrawals.
3. This account gives you access to customized loans.
4. This account has a multiple approval feature that ensures security of funds.

• What you Require
  1. Group Registration Certificate
  2. Group’s Constitution (District Social Development officer (DSDO).
  3. Minutes of the meeting where a resolution was passed to open an account with Equity Bank duly certified by the District Social Development officer (DSDO).
  4. An introduction letter from the DSDO
• Sign up Process
  1. Visit your nearest Equity bank branch
  2. Present the required documents and fill out the application form
  3. The bank will then process your application and you can start banking with us.
  4. For any further clarification, fill out the feedback form below and we will get back to you.

EazzyChama

Manage your Group, Joint or Chama account activities with ease. This platform allows you to keep financial records and carry out bank transactions while maintaining transparency in your group.

To access the EazzyChama platform, the members only need a reliable internet connection and an internet enabled device.

4 Great Features of the EazzyChama Platform

1. Any group member can monitor group activities through this account, such as deposits, withdrawals and fund transfers.
2. A member is able to track his personal transactions in the account such as their monthly or lifetime contributions, penalties, group statement and other financial activities.
3. The platform has a reminder management functionality that helps you easily keep track of tasks and activities.
4. Because it is operated digitally, there is no need for paperwork, thus ensuring efficiency.

Diaspora Accounts

Diaspora Business Account

This account allows you to effortlessly manage your business finances while overseas.

7 Great Features of the Diaspora Business Account

1. It’s free to open with no required minimum balance
2. You get free monthly E-statements
3. No monthly maintenance fee is required for the account
4. There is no limit on the frequency of withdrawals
5. Your money earns interest, which is credited to your account at the end of the year
6. Account holders have access to visa services
7. Account holders have access to internet and mobile baking

What You Require to Open This Account

In order to open this account, ensure you have the following documents, which should be notarized by a lawyer or notary public:

• Kenyan Identification Cards or Valid passports of all the business directors
• Colored passports of all the business directors
• Tax PIN Certificates of all the business directors
• The business’ certificate of incorporation
• The business’ memorandum of association
• The business’ articles of association
• A resolution signed by the directors on the letter head, then sealed.
• Your business’ Tax PIN Certificate
• CR 1
• CR 2
• CR 8
• CR 12
• FATCA W-9 and confidentiality waiver forms for US clients

• Sign up Process
  1. Download the application form and email indemnity form and complete both
  2. Collect all the documents listed in requirements above
  3. Zip all attachments in (1and 2 above) together into a single zip file.
  4. Go to “Apply for an Account” Section on the site
  5. Fill it out and attach the single zip file
  6. Click the Submit button to send your online account application to Diaspora.Banking@equitybank.co.ke
  7. Ensure to also send the original (hard copy) email indemnity form via post to the address below:
     Diaspora Banking, Equity Bank (Kenya) Ltd.
     Equity Centre, Upper Hill, Hospital Road, Ground Floor.
     P .O. Box 103098 – 00101, Nairobi, Kenya.
  8. For any further clarification, fill the form below and we will get back to you.

Equity Ordinary Account

Equity Ordinary Account is your perfect medium for personal deposits, daily business transactions and remittances.

Ideal for:

• Individuals (singly or jointly)

Key Features

• No minimum operating balance.
• No monthly charges.
• Full access to mobile banking and internet banking
• Customer can choose a payment card that best suits their needs. They Include:  prepaid cards, debit cards and credit cards.
• Cash and cheque deposits.

Why You Should Open an Ordinary Account

1. No maintenance fees.
2. No ledger fees.
3. Customers can access their account from any of the countries Equity Bank Operates in.
4. 24hour support through 0763063000 and/or info@equitybank.co.ke
5. Instant Mastercard or Visa Card issued on application
6. Online banking and mobile banking opt-in option

Charges

What You Require to Sign Up

1. Recent colored passport size photo.
2. Proof of address document.
3. Copy of Kenyan Identification; ID (both sides) or passport (for passport, include the page with the photo).
4. Copy of KRA PIN certificate
5. Filled in email indemnity form
6. FATCA W-9 and confidentiality waiver forms for US clients

Sign up Process

1. Download the application form and email indemnity form and complete both
2. Collect all the documents listed in requirements above
3. Zip all attachments in (1and 2 above) together into a single zip file.
4. Go to “Apply for an Account” Section on the site
5. Fill it out and attach the single zip file
6. Click the Submit button to send your online account application to Diaspora.Banking@equitybank.co.ke
7. Ensure to also send the original (hard copy) email indemnity form via post to the address below:
   Diaspora Banking, Equity Bank (Kenya) Ltd.
   Equity Centre, Upper Hill, Hospital Road, Ground Floor.
   P .O. Box 103098 – 00101, Nairobi, Kenya.
8. For any further clarification, fill the form below and we will get back to you.