This is a business account by Gulf African bank.It is targeted towards sole proprietors and limited companies.
Account Fees
- Opening balance KES 10,000
- Account maintenance fee KES 450
- Ledger fees KES 30 per entry
- Counter withdrawal KES 200
Online/ Mobile banking
Online and mobile banking is available to the account holders. To access online banking the customer has to visit the nearest Gulf bank branch for registration while Mobile banking can be accessed by:
- dialing USSD Code *399#
Branch and ATM Network
- Gulf bank has about 14 branches countrywide
- ATM card KES 300
- ATM withdrawal KES 35
Opening requirements
Sole Proprietor:
- Copy of National ID/Passport/Alien Certificate
- 2 passport size photographs
- Introduction letter from existing customer/Copy of latest utility bill/Proof of residence.
- Copy of PIN certificate
- Copy of KRA PIN certificate
Limited Company:
- Certified copy of memorandum and articles of association together with certificate of incorporation
- Board resolution authorizing the opening of the account
- 2 passport size photographs for the authorized signatories
- Copy of National ID/Passport of Authorized signatories
- Copy of Company PIN certificate.