National Bank offers a range of accounts to cater to personal, business, corporate, and diaspora needs. Below are the requirements and fees for different account categories.
1. Personal Accounts
(a) Current Accounts
- Personal Current Account
- Opening Balance: Kshs 1,000
- Requirements:
- Original and copy of ID/Passport
- 1 passport photo (taken at the branch)
- KRA PIN certificate
- Proof of address/source of funds
- Premium Account
- Opening Balance: Kshs 5,000
- Requirements: Same as above
- Foreign Currency Current Account
- Opening Balance: USD 100, EUR 100, GBP 100
- Requirements: Same as above
(b) Savings Accounts
- Ahadi Savings Account
- Opening Balance: Kshs 1,000
- Requirements: Same as above
- Vision Savings Account (Children’s Account)
- Opening Balance: Kshs 500
- Requirements:
- Guardian’s ID/Passport
- Birth certificate/notification of birth
- KRA PIN (Guardian/Parent)
- Proof of address/source of funds
(c) Transactional Accounts
- Student Account
- Opening Balance: Kshs 500
- Requirements:
- Student ID
- Letter from the learning institution
- Proof of address/source of funds
- Nat625 Mobile Account
- Requirements:
- Be 18 years and above
- Have a functioning smartphone
- Requirements:
2. Business Accounts
(a) Micro Banking Accounts
- Jenga Biashara Account
- Opening Balance: Kshs 1,000
- Requirements:
- Copy of ID and PIN
- Business registration certificate (if registered)
(b) SME Accounts
- SME Current Account
- Opening Balance: Kshs 5,000
- Requirements:
- Certificate of registration/incorporation
- VAT certificate
- Valid trading license
- Partnership deed or board resolution (if applicable)
3. Corporate Accounts
- Corporate Current Account
- Requirements:
- Application form
- Board of directors’ resolution
- Management and audited accounts
- Requirements:
4. National Amanah Accounts
- Amanah Personal Current Account
- Ledger Fees: Kshs 400
- Requirements: Same as personal current account
- Amanah Vision Account (Children’s Savings)
- Operating Balance: Kshs 500
- Requirements:
- Guardian’s ID and KRA PIN
- Child’s birth certificate/notification
5. Diaspora Accounts
(a) Savings Accounts
- Ahadi Account
- Requirements:
- Kenyan ID/Passport
- Proof of address and photo
- Requirements:
- Vision Account
- Requirements:
- Parent/Guardian ID
- Birth certificate of the child
- Requirements:
(b) Transactional Accounts
- Wekeza Account
- Opening Balance: Kshs 1,000
- Requirements: Same as diaspora savings account
National Bank Contacts
- Phone Numbers:
- 020 282 8900
- 0703 088 900
- 0732 118 900
These requirements ensure a smooth account opening process based on the account type chosen.
