Corporate Current Account for Business Clients

The KCB Sahl Corporate Current Account is designed for corporate clients, registered companies and organisations that need frequent access to operating funds through different banking channels.

Available in Kenya Shillings and selected foreign currencies, it combines customised cheque book access, same-day value on cash deposits and no minimum balance requirement.

Features

Multi-currency corporate banking

Operate in KES or currencies like USD, GBP, EUR.

Customised cheque book

For supplier payments and formal corporate transactions

No minimum balance

Manage funds without tying up working capital.

Same-day value on cash deposits

Faster availability of deposited funds.

Nil opening and operating balances

No stated opening or minimum operating balance.

No maintenance charge

Keeps routine account costs manageable.

What We Need From You*

  • Certificate of Incorporation.
  • Board resolution or company’s minutes resolving to open an account.
  • List of authorized Persons/Signatories with specified signing mandates.
  • County Treasury and National Treasury approval for County & State Corporations.
  • Memorandum & Articles of Association.
  • Audited financial statements.
  • National ID/Passport/Alien certificate for foreign nationals.
  • KRA PIN Certificate.

Rates & Fees*

  • Opening Balance - Nil.
  • Minimum Operating Balance - Nil.
  • Maintenance Charge - Nil.
  • Ledger Fee Minimum - Kes 350.
  • Counter Withdrawals - Kes 200.
  • Withdrawal against uncleared effect 3% of advance value or Minimum of Kes 300 - Kes 300.
  • Chequebook - Kes 8 per leaf.
  • Bankers Cheque - Kes 200.
  • STO - Applicable as per our standard rates.
  • EFT/Salary Processing - Kes 100.
  • Internal transfer (KCB to KCB) - Kes 100.
  • Cash handling -
    • For amounts up to Kes 500,000 - Nil.
    • From Kes 500,001 and above - 0.2%.
  • Bulk Coin Deposit - Kes 200 per bag.

It is an account for companies and organisations that need frequent access to operating funds for payments and collections.

Yes. KCB Sahl Corporate Current Account provides a Shariah-compliant option for corporate banking.

Yes. It is available in KES and selected foreign currencies.

No. The minimum operating balance is nil, giving your company flexibility to manage funds without keeping a set amount tied up in the account.

Yes. A customised cheque book is available for supplier payments and other formal corporate transactions.

The account provides same-day value on cash deposits, helping cash-handling businesses put deposited funds to use faster.

You may need incorporation documents, company KRA PIN, board resolution and director/signatory identification.

Request a callback and we will guide your organisation through documentation, currencies and charges.

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