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Wakili Current Account

Current Account
 

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About this product

Overview

This is a current account by Bank of Africa tailor made for law firms. Available in both KES and foreign currency.

Fees Guide:

Item;Details Opening balance; KES 10,000 ;USD, EUR and GBP 100 Monthly ledger ; KES 15 per entry ; min KES 500 Bankers cheques ;KES 200 Cheque books;KES 500 (50 leaves) ;KES 750 (100 leaves)

Opening Requirements:

  • Certified copy of Memorandum and Articles of Association.
  • Certified copy of Certificate of Incorporation.
  • Certified copy of PIN certificate.
  • Details of other bank accounts to be noted in account opening form.
  • Board Resolution indicating confirming opening of account with BOA and signed by the Chairman and Secretary, and indicating who the signatories will be and their signing mandates.
  • One latest colored passport size photograph of each signatory.
  • Certified copies of ID or passport of each signatory.
  • Introduction by Banks customer/Bank officer.
  • Letter mentioning the agents details i.e. name, photo, ID number and duties allowed such as withdrawal of cash, collecting statements, collecting cheque books, delivering documents e.t.c.
  • General terms and conditions dated and signed as per mandate.
  • Company Seal to be affixed on the general terms and conditions, Board Resolution, account opening letter, signature and mandate cards.
  • Fill the BOA account opening forms and signature cards.

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