Medium Enterprise Current Account

A transactional Cheque account for Small and Medium Enterprises

  • No minimum balance
  • Initial depositof MWK 30,000 which may be withdrawn
  • Customers can access funds from any NBS Service Centre
  • Interest is paid annually
Account opening requirements:

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

Partnerships: Partnership Deed and Registration certificate. ID documents such as 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.