Bank of Africa BOA Current Account

Tagged in: Business   Current Account  

DETAILS

This is a Current Account by Bank of Africa for both companies and sole proprietors.The account  is available in KES and all major currency such as USD,GBP,EUR.

Account Fees

  • Opening balance KES 10,000 (limited company) KES 5000 (sole proprietor)
  • No account maintenance
  • Ledger fees KES 350(sole proprietor) and KES 550 (limited company)
  • Counter withdrawal Free

Online/ Mobile banking

Online and mobile banking is available to the account holders. To access online banking the customer has to visit the nearest Bank of Africa branch for registration while Mobile banking can be accessed by:
  • Dialing USSD *987#
  • download the B-web mobile App
  • To enjoy B-Web mobile services KES 1200 (sole proprietor  ) and KES 1000 (limited company) is charged monthly

Branch and ATM Network

  • Bank of Africa has about 39 branches countrywide
  • ATM card KES 550
  • ATM withdrawal KES 35
Opening Requirements
Sole proprietor
 
  • Passport size photo
  • Copy of ID
  • Pin certificate
  • Certificate of registration of business
Limited company
  • Duly filled account  opening form
  • Board resolution to open account
  • Company PIN
  • Directors National ID/ valid passport
  • Certificate of incorporation
  • Memorandum and Articles of Association
  • Latest 6 months annual returns
  • passport size photos of directors.

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