Small and Medium Enterprise Savings Account

This is a Savings account for Small and Medium Enterprise customers. It can be used for business transactions or saving money to reinvest in the business. This can be opened for both Sole Proprietors and partnerships.

  • Customers can access funds from any NBS Bank Service Centre
  • It is cheap to manage
  • It earns interest
  • Minimum account balance MWK10,000
Account opening requirements

Sole Proprietors: Business Registration certificate and   ID documents – Valid passport or driving license. Proof of residence: Latest water bill or Electricity bill

Partnerships: Partnership Deed and Registration certificate. ID documents – Valid Passport or Driving license. Proof of Address: Latest Water bill or Electricity bill. Letter from Partners approving the persons concerned to open and operate the account.